After a six-year absence, Australia's flagship airline Qantas returned to Argentina on Monday with direct flights between Sydney and Buenos Aires. The inaugural flight to Buenos Aires departed Sydney at 10.50am and arrived in Buenos Aires at 11am.
The White House said President George Bush has suspended special trade benefits with Bolivia because of its failure to cooperate in drug-fighting efforts.
The slowdown of China's economy is gathering force as the global financial crisis spreads, anticipating rising unemployment and social unrest, admitted the country's top planner. The non written understanding of Chinese communist party supremacy in exchange for sustained growth has begun to sputter.
Slumping oil prices are beginning to bite into the government budgets of many OPEC members generating different opinions regarding supply and price policies, according to the latest report from an oil energy investment dealer based in Calgary, Canada's oil capital.
Although Chile is considered the market with the most favourable environment for business, only two out of ten Spanish corporations consider it a priority and focus their efforts in Brazil, Mexico and Argentina.
The International Air Transport Association (IATA) announced international air traffic for October showing a second consecutive month of global decline. Latinamerica experienced 4.5% growth in passengers and a record drop in cargo, 11.4%.
The Paris Club of creditor nations disclosed this week for the first time ever how much it is owed world wide, --330 billion US dollars--, with Cuba, Argentina and Peru top of the list in Latinamerica.
The United Kingdom announced this week in Geneva it would begin mine clearance of three areas in the Falkland Islands and at the same time confirmed its request for a ten year extension for the full de-mining, as contemplated under the terms of the Ottawa convention.
A three-year extension to the United Kingdom de-mining program, which will continue vital work to reduce the number of casualties caused by land mines and cluster munitions across the globe, was announced by International Development Secretary Douglas Alexander
Russian President Dmitry Medvedev on a Latinamerican tour to expand alliances and business opportunities said on Tuesday he wanted to double trade with Brazil and expand cooperation in hi-tech areas.