Chile the world's biggest copper producer passed a bill increasing taxes on the mining industry taking advantage of the international bull market for the metal which is a main source of government revenue.
Mercosur and Mexico will begin Friday in Asuncion, Paraguay a round of trade talks, a follow up of what was agreed a year ago in Puerto Iguazú, Argentina.
Repsol-YPF CEO Antonio Brufau said Thursday that there's no energy crisis in Argentina but rather energy difficulties and called upon the Argentine people to save energy and let oil and transport companies do what is needed in exploration and production.
The Green Party which has a cabinet minister and seven seats in the Lower House announced Thursday it was abandoning the ruling coalition of President Luis Inacio Lula da Silva disappointed with the government's environmental policies.
Peruvian president Alejandro Toledo announced Thursday the launching of Aerolineas del Peru, a company with strong Spanish participation and acting as subsidiary of Aerolineas Argentinas.
The Chilean Army and rescue workers searched for a second day on Thursday for dozens of soldiers trapped in the Andes following a blizzard that killed at least five of them.
Headlines:
Poor sales lead Freshco to close butcher's shop; Budget decisions loom; May Queen crowned tonight; Racecourse future: public's views count.
Argentina experienced a day of continuous protests that included the banking, educational, fishing and government sectors, which expressed their labor demands via strikes, demonstrations and street barricades.
The Falkland Islands 2005/06 Budget Session of the Legislative Council begins next Tuesday May 24 at 09.15 hours in the Council Chamber of the Town Hall.
The Executive Board of the International Monetary Fund (IMF) approved Wednesday a one-year extension of Argentina's repayment expectations to the IMF arising between May 20, 2005 and April 28, 2006 in a total amount equivalent to SDR 1.68 billion (about US$2.50 billion).