The TAC (Total Allowable Catch) for Toothfish in the South Georgia Maritime Zone (SGMZ) has been increased by more than 15% for the coming Toothfish season, reports the South Georgia and South Sandwich government office.
Two ice blocks are drifting along the Argentine coast 350 kilometres off shore pushed by the Malvinas current, warned Wednesday the Argentine Coast Guard.
Chile will only act to mitigate the appreciation of the local currency under exceptional situations because the current conditions surrounding the Real Exchange Rate, RER, of the Chilean peso are the most favourable in the last fifteen years, said Central Bank president Vittorio Corbo.
Chile's consumer prices index last December dropped 0.3% totalling an annual inflation in 2005 of 3,7%, in line with the Central Bank 2 to 4% target, but the highest since the 4.5% of the year 2000.
Cancelling the International Monetary Fund, IMF, debt does not represent a significant reduction in the overall debt of Argentina, although it does mean a contraction of international exposure.
Chilean exports advanced 35% in 2005 compared to the previous year totalling 39 billion US dollars according to the International Economic Relations Office, (Direcon). Foreign trade now is equivalent to 65% of Chile's GDP.
Chilean presidential Socialist candidate Michelle Bachelet was leading her conservative opponent Sebastián Piñera by more than eight points a week and a half from the runoff, January 15, according to a poll published Wednesday.
Tierra del Fuego Senator Mario Domingo Daniele pledged this week to renew his commitment in denouncing the illegitimacy of the Malvinas fishing licences awarded by Great Britain.