Clearly when any large country tries to bully and subjugate a smaller country it should be a matter of concern for everybody. It's a matter of practical concern for us that the Argentines would try to destroy the Falklands' economy.
Chile's Central Bank left interest rates unchanged at 5% this month in the hope of slowing inflation. The action was widely foreseen by experts in the marketplace.
Two Vietnamese crewmembers found Monday floating adrift in the icy Magellan waters and currently in Punta Arenas hospital are Vietnamese who voluntarily jumped overboard from a Taiwanese vessel according to local Prosecution sources.
Chilean president Michelle Bachelet said that the political left turn in Latinamerica can be seen as a search for replies from the region's peoples that are striving to abandon misery and poverty.
This year the performance of the Falkland Islands fishery continues to be encouraging with the total catch for the month (46,861 tonnes) being the highest catch in April in the last five years.
Rene Preval, the only elected president in Haiti's history to finish his term, was sworn in Sunday to again lead the impoverished nation in its latest attempt at democracy after decades of armed uprisings, lawlessness and foreign intervention.
The street gang offensive against Brazilian police that has left scores dead continued early Monday with the overnight torching of at least 65 buses and 10 bank branches in Sao Paulo State.
Argentine president Nestor Kirchner downplayed the conflict with Uruguay arguing that the long established relations between the neighbouring countries go far beyond the building or not of the controversial pulp mills.
According to The Economist business magazine, Sao Paulo, Brazil, has replaced Santiago de Chile as the best city to do business in Latin America.
Brazilian state oil company Petrobras said its first-quarter net profit rose 33% over 2005 last quarter to 6.675 billion Reais, the equivalent of 3.1 billion US dollars, boosted by an increase in crude output, sales and fuel prices.