Chile announced Friday a one billion US dollars tax-cutting package aimed at curbing inflation, which is running at 14 year highs, and boosting growth. Measures include temporary reduction of tax on fuel and tax cuts on checks and electronic transfers.
Argentina and Chile ended on Friday a five day military exercise under the name of Aurora Austral II which took place in the Argentine Patagonian city of Comodoro Rivadariva with the purpose of confidence building and establishing closer links between the two countries armed forces.
Uruguay's President Tabaré Vazquez will be celebrating his country's independence day, August 25, in Israel, the first leg of a three country tour (Switzerland and South Korea) he is visiting with a high level official and business delegation.
US Democratic presidential hopeful Barack Obama has announced that Joe Biden will be his running mate in November's election.
United States is pushing for a resumption of international trade talks in September after a meeting of ministers collapsed without a breakthrough last month, according to US top officials
Fertilizer sales in Brazil soared 11% in July compared to a year ago according to the country's National Fertilizer Association, Anda, in spite of a doubling of prices. July sales totaled 2.45 million tons and in July 2007, 2.2 million tons.
Several medical organisations from Chile requested this week the Public Health ministry declare a state of sanitary alert following an unprecedented increase in the number of cases of deadly bacteria identified as Listeria Monocytogenes, which is transmitted mainly through the food chain.
Headlines: Up, up and away...; Farmer to close road in protest; Young mother jailed for drug importation; MoD flight contract still up in the air; Early closure planned for loligo season.
After six years of rapid growth, Argentina's economy is at a familiar turning-point, in which the president's refusal to change course threatens to make it poorer
There is a strong growing demand in the world for organic wool and consumers are willing to pay a bonus, which is a promising advantage for Uruguay and its textile industry, said Pedro Otegui, one of the country's leading wool and textile exporters.