Chile could be one step closer to securing its energy supply if a new 800 million US dollars liquid natural gas (LNG) plant receives government approval. The Quintero plant (Region V) was initially designed with a capacity for 5.7 million cubic meter NLG, but has now been expanded to a 10 million cubic meters.
Following the thwarted nationalist march that took place close to the border between Chile and Peru last week, Peruvian President Alan García gave the first clear signal this weekend that Peru will take the long-standing maritime border issue to the International Court of Justice in The Hague.
LAN airlines will buy 52 new airplanes over the next five year, increasing their air fleet by 83%. The airline will invest approximately US$ 2.6 billion from 2007 to 2011 to improve services and purchase the new planes. By 2011, LAN will operate 115 planes ÃÂ¢€” 102 passenger planes and 13 cargo planes.
Uruguayan president Tabare Vazquez together with several ministers and a delegation of businessmen arrived Monday in Santiago for a two days visit to Chile with the purpose of exploring new market opportunities and export possibilities for Uruguay.
An estimated one thousand workers resumed Monday their jobs at the controversial Botnia-Orion pulp mill under construction in Fray Bentos, Uruguay, following the accidental death of a worker last week at the plant.
A closer look at Nestor Kirchner's recipe for Argentina: economic recovery, but growing authoritarianism, anti-Americanism and relations with Chavez.
Argentina was brought to a near standstill on Monday amid protests over the killing of a teacher in the Patagonian province of Neuquen during a protest clash last week.
United States on Monday dramatically sharpened trade tensions with China by launching a wide-ranging World Trade Organization complaint over copyright piracy and claims that Beijing restricts the distribution of foreign music, films and books.
Argentina's March inflation was 0.8% but the basic food basket, which helps to measure indigence, climbed 3.6%, according to the latest release from the controversial Economics Statistics Office, INDEC.
Four leading trade powers will meet Wednesday in New Delhi, India for two days of potentially make-or-break talks to end a deadlock in the Doha Round of global trade negotiations.