Brazilian Energy Minister Silas Rondeau said yesterday there has been progress in talks with Bolivia on new contracts for state energy company Petrobras to comply with Bolivia's gas sector nationalization.
President Evo Morales yesterday declared that Bolivia must not back down from an October-28 deadline to complete the nationalization of its oil and gas industry.
Centrist Geraldo Alckmin hammered President Luiz Inacio Lula da Silva over corruption allegations in the third televised debate ahead of an Oct. 29 runoff election.
Chilean fisheries exports advanced 10.6% in the first eight months of 2006 compared to the same period last year totaling 1.039 billion US dollars reports Sonapesca, the country's Fisheries Society.
Last Sunday's landslide support for expanding the Panama Canal is causing concern in Chile since the financing of the massive project has yet to be revealed.
Germany's Chancellor Angela Merkel and the leader of Chile's ruling coalition junior partner Soledad Alvear addressed in Berlin during a forum the current political situation in Latinamerica, which was described as worrisome particularly because of the advance of some populist governments in the region.
International Monetary Fund Managing Director Rodrigo de Rato, proposed this week the appointment of Murilo Portugal to the position of Deputy Managing Director who will be succeeding Agustin Carstens.
Poverty in Latinamerica could limit economic growth in the region warns the World Bank which suggests investing in education, infrastructure and micro-credits in support of the most needed segments of the population.
The UK has come out worst in a European energy wasters' league, according to a survey of the energy habits of some 5,000 Europeans.
President Hugo Chavez said Sunday that Venezuela achieved its objective at the United Nations by preventing Washington's preferred candidate from winning a seat on the U.N. Security Council.