The US economy has been boosted by the government's 168 billion stimulus package, according to the US Treasury Secretary Henry Paulson. Official figures showed that gross domestic product (GDP) rose at an annual rate of 1.9% between April and June, up from 0.9%.
Inflation in the Euro zone accelerated to its pace in more than 16 years in July, 4.1% from 4% in June, according to the European Union statistics office in Luxembourg. A separate report showed unemployment was 7.3% in June.
Mercosur must do its utmost to find a common position and talk as an only voice said Brazil's Foreign Affairs minister Celso Amorim following the aftermath of the recent Doha round effort in Geneva where Brazil and Argentina stood on different sides.
Compared with this time last year, Chile-based LAN Airlines has seen a 7.4% increase in profits – despite the rising cost of gas, which accounts for 36% of the company's overall costs.
The Argentine government is re-drafting modifications to the grains and oilseeds exports tax system with the purpose of raising the levy on soy but reducing it for wheat and corn, according to reports in the Buenos Aires media.
The United Nations Food and Agriculture Organization (FAO) has provided urgently needed medical supplies to poor farmers in the Peruvian highlands whose livestock are suffering as a result of a severe unseasonable cold spell, known locally as El friaje.
Brazilian aircraft manufacturer Embraer this week that profits more than doubled in the second quarter, driven by strong sales of midsize commercial jets and the company's new, popular executive jets.
Argentine President Cristina Fernández de Kirchner has a negative image rating of 50.4% and a positive one of only 19.2%, according to the results of an opinion poll conducted by the Giacobbe & Asociados consultancy which were released recently.
Magallanes in the extreme south of Chile remained during the second quarter as the region with the lowest unemployment according to the latest release from the country's Statistics Institute, INE.
Chile's National Fishing Service (SERNAPESCA) has expanded its official list of Infectious Salmon Anemia (ISA) outbreak sites yet again, adding four Region X fish farms in its latest fortnightly report. ISA is a highly contagious virus that can be lethal to fish but does not affect humans.