The Chilean government decided to increase the boarding tax by four US dollars from 26 to 30 dollars, which will become effective before the end of the year.
Latin American countries need to substantially boost their spending on infrastructure so the region does not lag behind China and other dynamic Asian economies. That's one of the central findings of a new World Bank report, titled Infrastructure in Latin America and the Caribbean: Recent Developments and Key Challenges.
US President George Bush has said that New Orleans suffered more damage than New York did in the September 11 attacks and promised a government recovery effort of unprecedented scale.
Chilean Foreign Minister Ignacio Walker on Thursday downplayed the possibility that the recent statements of a retired general over the aid Santiago lent Britain in the 1982 Falklands War might hurt relations with Argentina.
The United States poverty rate rose to 12.7% of the population last year, the fourth consecutive annual increase, reported the US Census Bureau Tuesday. Overall there are 37 million people living in poverty, up 1,1 million from 2003.
Saudi Arabia announced Tuesday it was ready to increase crude production to eleven million bpd in case the consequences of the Katrina hurricane cause a shortage in the market, said Saudi Oil minister Ali al-Nuami.
The ozone layer hole over the Antarctica began expanding in mid August and has reached ten million square kilometres, an area equivalent to Europe, according to readings from the Envisat satellite belonging to the European Space Agency.
An atomic bomb as powerful as those dropped in Hiroshima and Nagasaki, was almost built in Brazil at the beginning of the nineties under the supervision of the Brazilian armed forces.
The US economy has weathered reasonably well the steep rise in spot and future prices for crude oil and natural gas in the last two years said Federal Reserve chairman Alan Greenspan who also highlighted flexibility as the economy's most valued asset.
Economists downplayed the impact of the Brazilian political crisis on the economy but warned that crucial reforms are being delayed as Congress concentrates in the corruption allegations.