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Stories for February 18th 2007

• Sunday, February 18th 2007 - 20:00 UTC

  Peru intent on austerity, to auction a “frivolity symbol”

  The Peruvian government has decided to auction the presidential aircraft as part of its austerity policy announced cabinet chief Jorge del Castillo. Earlier in the week President Alan García described the aircraft as a “frivolity symbol”.

• Sunday, February 18th 2007 - 20:00 UTC

  “Good” but no so good season for Punta Arenas hotels

  The number of hotel bookings and passengers this season in Punta Arenas has not been homogeneous according to a survey among the main hotels and published in the local La Prensa Austral.

• Sunday, February 18th 2007 - 20:00 UTC

  ENAP drills for natural gas in continental Magallanes

  Chile's oil corporation ENAP began drilling for natural gas last February 15 in continental Magallanes Region in an area identified as Dorado-Riquelme to the north east of Punta Arenas.

• Sunday, February 18th 2007 - 20:00 UTC

  Eight thousand bus drivers threaten to paralyze Santiago

  The possible strike comes only a week after the new transit system was inaugurated and caused widespread confusion and public outrage after getting off to a slow start. Fenattrans president Sergio Cifuentes said the union was protesting the government for not responding to seven requests that the union sent to the government on January 8.

• Sunday, February 18th 2007 - 20:00 UTC

  US/Colombia free trade agreement seems ever more distant

  The free trade agreement which the George Bush administration signed with Colombia is stalled in the US Congress and could face further delays because of the alleged links of the Colombian President Alvaro Uribe administration with para military forces.

• Sunday, February 18th 2007 - 20:00 UTC

  Inflation and shortages expose Chavez jittery economics

  Faced with accelerated inflation and shortages of basic foods Venezuela's president Hugo Chavez signed decrees against speculation and hoarding which enables authorities to take over businesses that produce or retail food, if they refuse to sell or are in violation of regulated prices.