Two Chilean fishing boats were detained near the Los Palos beach in the Peruvian province of Tacna after they were caught fishing in Peruvian waters. The boats returned to Santiago on Thursday morning. The case, still under investigation, forms another chapter in the ongoing of the tug-of-war between Chile and Peru over their maritime borders.
United States Secretary of State Condoleezza Rice this week requested from Congress the ratification of the Free Trade Agreements, FTA, which the White House has signed with Peru and Colombia.
The Venezuelan government and United States AES Corporation signed Thursday a memorandum of understanding (MOU) for the purchase of AES's 82.14% stake in La Electricidad de Caracas (EDC) for 739.3 million US dollars.
Argentina's basic food basket consumed by the average family jumped 2.59% last January over December, which is more than double the official consumer prices index for the first month of 2007.
Europe's concern with the stability of world financial markets is one of the main issues to be addressed by the seven most industrialized countries Finance ministers meeting, G-7, which is meeting in Germany and will see China participate for the first time in the main debates.
Headlines: Are you being served? Police court saga over at last; Titterington returns to AG's Chambers; Chevening scholars to visit; A serene start to the weekend.
Peru's Central Bank raised the country's economic growth forecast for 2007 from 5.7 to 6.8%, following a 7.9% expansion in 2006, which was the highest since 1995.
Unemployment in Argentina for the first time in thirteen years dropped below two digits to 8.7% in the last quarter of 2006 according to Senator and First Lady Cristina Fernandez de Kirchner currently visiting France.
The head of the United Nations Educational, Scientific and Cultural Organization (UNESCO) offered Chile assistance in repairing damage caused by the fire that destroyed part of the historical centre of the port city of Valparaiso last week, killing several people.
President Nestor Kirchner administration is unfailingly heading towards populism and the accumulation of so much power in two or three people plus having the Executive control the other branches of government is highly negative for Argentina, said French political scientist Alain Touraine.