Argentine fisheries exports are stranded in the port of Buenos Aires because an ongoing conflict with fisheries unions in Mar del Plata. Over a hundred containers, valued in 8 million US dollars are paralyzed since dock workers decided a solidarity action with their fellow fisheries union.
Japan's economy has entered its first recession since 2001 after shrinking by 0.1% in the third quarter. The world's second-biggest economy had previous shrunk by 0.9% in the April to June quarter.
The head of the International Monetary Fund says it will need more funding if it is to play a bigger role in aiding a global economic recovery.
Uruguay's ruling coalition in the midst of a bitter and at times confusing struggle to reach an agreement on its future presidential candidate for October 2009 elections is showing growing cracks of dissent and internal disorder.
Magallanes Region is promoting rhubarb as an alternative crop for local small farmers and garden plots in the south of Chile where climate conditions are described ideal for the plant.
Magallanes Region in the extreme south of Chile had a positive performance of 4.7% in the third quarter of the year breaking with a sliding tendency since the huge methanol complex close to Punta Arenas was forced to cut production because of insufficient supply of Argentine natural gas.
WITH the new Constitution Order approved by Her Majesty the Queen in the Privy Council last week and due to come into effect on January 1, 2009 the role of the Falkland Islands Governor is set to change.
Uruguay meat exports totalled 1.3 billion US dollars until November 8, a 55% value increase over the same period a year ago, according to the latest statistics from the country's Meat Institute.
China's industrial output hit a seven year low as the global economic slowdown continues to batter the world's fourth largest economy eroding demand for Chinese exports.
Ecuadorian President Rafael Correa said Saturday that his government is invoking a 30-day grace period and has until December 15 to decide if it will make a 30.6 million USD interest payment on 2012 bonds due Saturday.