The 2005/06 cruise season which was officially inaugurated last weekend in Montevideo is expected to generate anywhere between 60 and 80 million US dollars according to Uruguayan authorities.
Mexico and Venezuela recalled Monday their ambassadors amid a growing diplomatic row which began during the recent Americas Summit in Argentina and rapidly scaled to a diplomatic conflict when Venezuelan president Chavez called his Mexican counterpart Fox a United States imperialism puppy.
SCIENTISTS from the Fisheries Department have been reporting on a research cruise they carried out last month.
Crude-oil futures fell to a four-month low yesterday, as speculators continued to liquidate positions.
Chile which is signing a free trade agreement with China next week expects to become the Latinamerican spring board for the Asian giant business in the region.
Over seven billion US dollars will end in the Chilean Treasury in 2005 as a consequence of the booming prices of copper and molybdenum, with Codelco, the government owned company providing 5,3 billion US dollars.
A pandemic of avian influenza among humans could cost the global economy 800 billion US dollars a year. That's the assessment of Milan Brahmbhatt, a senior economist with the World Bank's East Asia and Pacific region.
Brazilian government owned Oil Company Petrobras announced Friday a record high third-quarter net profit on a rise in output and fuel prices. Net consolidated profit was the equivalent of 2.6 billion US dollars, below market estimates, plus signs of rising oil extraction costs.
The Lebanese branch of the Shiite Hezbollah group, allegedly supported by Iran, denied any participation in the attack on the Buenos Aires Jewish community centre AMIA and also denied that militant Ibrahim Hussein Berro was involved in the action.
World Trade Organization Secretary General Paul Lamy defended Thursday the decision to delay until early next year a global free trade agreement warning that the risk of failure was too great.