Brazil's giant EBX recently announced plans to build the largest coal-fired energy-producing complex in Chile, to be named Castilla, which will be located near the Region III city of Copiapó. Market sources indicate that the investment associated with this type of power plant would exceed 2 billion US dollars.
An estimated 2.500 penguins in Antarctica are endangered by an oil spill from the sunken cruise vessel Explorer, impeding access to their mating and nesting places. The oil spill is 1.500 meters long by 200, according to experts from the Chilean Antarctic Institute.
New negotiating proposals at the World Trade Organization (WTO) on Friday impose tough limits on subsidies on fisheries, a move that delighted environmentalists concerned about over-fishing.
Ecuador's Constitutional assembly meeting in Montecristi, 500 kilometers from the capital Quito, was officially inaugurated Friday by President Rafael Correa amidst warnings from the opposition that democracy in the country was at risk.
Colombian officials have shown videos and photos seized from captured rebels of 16 high-profile hostages, the first sign of life since 2003. The five tapes include French-Colombian politician Ingrid Betancourt and three US nationals.
The European Union said that member nations Cyprus and Malta are prepared to introduce the Euro next January first, which will bring to 15 the number of nations sharing the currency.
United States wheat futures soared Wednesday as Argentina stirred up fears about global tightness by announcing a suspension of wheat export registrations until it assesses the impact of recent frosts.
Venezuelan President Hugo Chavez broke off relations with Colombia on Wednesday, vowing not to restore ties as long as President Alvaro Uribe is in power after the collapse of mediation talks with leftist rebels.
Argentine fish and shellfish exports during the first ten months of 2007 dropped 14% in volume and 15% in value compared to the same period a year ago, according to statistics from the National Food Safety and Quality Service (SENASA).
European Union farm ministers gave a fairly warm welcome this week to a blueprint for reforming agriculture policy, focusing on ideas for making countries spend more on rural development and planned subsidy ceilings for large farms.