Magallanes Region in the extreme south of Chile has the lowest unemployment in the country, 1.8%, according to the latest release from the country's Statistics Office, INE.
United States consumer spending rose more than expected in January, but much of the gain was down to rising prices. The Commerce Department said on Friday personal spending rose 0.4% last month, a bigger rise than economists were expecting.
Hikes in fuel and heating oil prices pushed the Euro zone 12 months rate of inflation to an all-time high in January, but a sharper than expected drop in core inflation added weight to the view that it will fall back closer to the European Central Bank's 2% target ceiling later this year.
The busy international agenda for Chilean President Michelle Bachelet and her Foreign Affaire minister Alejandro Foxley includes hosting Secretary of State Condoleezza Rice and Italian president Giorgio Napolitano in March and visiting Great Britain in April.
The Prince of Wales and Prince William will greet Prince Harry on his return from Afghanistan, the Ministry of Defence confirmed.
Neil Bush, younger brother of U.S. President George W. Bush, called on Paraguay's president as the guest of a business federation founded by the Rev. Sun Myung Moon.