French President Nicolas Sarkozy unveiled Thursday a stimulus plan worth more than 30 billion USD to fight the economic and financial downturn. The French plan is the latest of a series of proposals by various European governments to earmark massive amounts of money to help reinvigorate their moribund economies.
Valdivia in the Chilean Los Rios region will become the final resting place for the Chilean British-built submarine O'Brien which is to be converted into a nautical museum, reports the local press.
Ten Latinamerican countries concentrate 388 million cellular phone lines, which is equivalent to 9.6% of the world's total 4.02 billion on service according to a release from multinational consultants Everis.
Argentina has denied it is suspending commercial ties with Iran worth a billion US dollars annually. The Argentine Jewish news agency and several Argentine newspapers earlier reported the suspension.
US pop star Madonna met with Argentina's president Cristina Fernandez de Kirchner and former guerrilla-held hostage Ingrid Betancourt on Tuesday at the presidential palace in Buenos Aires where she filmed Evita twelve years ago.
Chilean president Michelle Bachelet officially opened Tuesday in Valparaiso the 2008 edition of the Exponaval fair, South America's most important naval industries event with the participation of 32 foreign delegations and 130 companies and organizations linked to maritime activities.
The Brazilian economy could suffer a contraction during two consecutive quarters at the end of 2008 and beginning of 2009, thus suffering a technical recession according to a report form Morgan Stanley released in New York.
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) today launched a campaign to raise awareness of the humanitarian implications of climate change, calling for improved disaster preparedness and response measures in countries that suffer most from extreme weather events.
Next Monday 8th December 2008 the Falkland Islands commemorates the victory of the Naval engagements of 8th December 1914 on which day 6 British sailors lost their lives and a number of others died later from injuries received during the battle. 2,260 German sailors also lost their lives.
Republican Saxby Chambliss has won a run-off election in Georgia, denying Democrats the chance for a 60-seat supermajority in the US senate that would have enabled them to pass legislation virtually at will.Chambliss, the 65-year-old incumbent, defeated Democrat Jim Martin for the seat.