The Peruvian government will invest an estimated 35.7 million US dollars in archeological research in the Machu Picchu ruins area of influence.
Chile's Foreign Affairs Secretary Alejandro Foxley described the formalization of a free trade pact with Australia, which was announced in Santiago and Canberra on Tuesday as very good news. The official subscription of the agreement will be signed next July by Chilean minister Foxley.
Peru, one of the fastest growing economies in the world, will sign free-trade deals with Canada and Singapore next Thursday announced President Alan Garcia. Peru recently signed a landmark free trade agreement with United States.
Global annual wind energy production is expected to grow explosively in the next 10 years to reach 107,000 megawatt (MW) by the year 2017, (from the current 20.000 MW) according to a study from the German wind energy institute, DEWI, which is organizing the Husum Wind Energy trade fair next September.
United States are driving much less forced by fuel prices, continuing a trend which began last November and has been confirmed by the latest March 2008 release from the Federal Highway Administration, FHWA.
Uruguay's annual oil bill is set to jump 32% to 1.8 billion US dollars if the barrel of crude remains on average at 130 US dollars admitted Uruguayan private sector consultants who anticipated a far worst impact scenario if energy prices keep spiraling.