For the coming fiscal year China will put the bulk of its investment on the development of agriculture, low-cost housing projects, infrastructure, energy conservation and social welfare, according to the Sunday edition of the People's Daily (Communist Party official newspaper).
Former Chilean President Eduardo Frei was chosen Saturday by the Christian Democrat Party (PDC) as its presidential candidate for the December 2009 elections, for which he will first have to face other hopefuls from the centre-left coalition in the April primaries.
The discovery and exploitation of new oil and gas wells in the extreme south of Chile has generated a boom for the Magallanes Region which is creating a significant demand for technicians and specialized labour.
A firm that counted itself a client of a broker accused of a 50 billion US dollars Wall Street con has criticised US regulators for what it says are systemic failures. Bramdean Alternatives said the charges against Bernard Madoff raised fundamental questions about the American financial regulatory system.
A recently released video of highway security film footage showing the heroic rescue of one dog by another on a busy Chilean highway is causing a big stir both in Chile and abroad.