The Domecq García shipyard, tucked away in the southern corner of the City of Buenos Aires, is slowly coming to life again after having been stripped by the neoconservative economic policies applied in the 90s.
Chile's Saieh family announced yesterday that it has acquired the assets of three hotels that used to be controlled by Arab magnate Gaith Pharaon, one in Buenos Aires, one in Santiago and one in Carmelo, Uruguay.
Wall Street's blue-chip Dow Jones index closed at a record high last night as investors cheered tumbling world oil prices, which should boost corporate profits and ease fears of US inflation.
Colombian President Alvaro Uribe said yesterday he was willing to hold peace talks with the country's Marxist rebel leaders, a softening of his stance against guerrillas fighting a 42-year-old insurgency.
In markets where firms have little with which to differentiate themselves, one way to lure more business has been to drive prices lower. This is exactly what Brazilian Gol Airlines and LAN are doing to international flights originating from Chile.
This Argentine Government doesn't seem to be disposed to talking in any common sense fashion about managing our differences
Falkland Islands Legislative Council Member, Mike Summers, spoke Wednesday of the anger and frustration expressed by delegates at the recent European Union's Overseas Countries and Territories Conference recently held in Greenland, which he attended with fellow councillor Dr. Richard Davies.
The Chilean Consumer Prices Index in September was 0%, helped strongly by the sustained drop in fuel prices according to the latest release from the country's Statistics Institute.
Two American executive jet pilots were ordered by a judge to stay in Brazil while authorities investigate whether they caused a midair collision with an airliner that crashed into the Amazon, killing all 155 people aboard.
Chile estimates the budget surplus in 2006 will reach the equivalent of 7.6% of GDP, up from 5.3% originally announced at the beginning of the year. However economic growth will be in the range of 5%, below the original forecast of 5.3%.