Magallanes Region in the extreme south of Chile has the lowest unemployment in the country, 1.8%, according to the latest release from the country's Statistics Office, INE.
United States consumer spending rose more than expected in January, but much of the gain was down to rising prices. The Commerce Department said on Friday personal spending rose 0.4% last month, a bigger rise than economists were expecting.
Hikes in fuel and heating oil prices pushed the Euro zone 12 months rate of inflation to an all-time high in January, but a sharper than expected drop in core inflation added weight to the view that it will fall back closer to the European Central Bank's 2% target ceiling later this year.
The busy international agenda for Chilean President Michelle Bachelet and her Foreign Affaire minister Alejandro Foxley includes hosting Secretary of State Condoleezza Rice and Italian president Giorgio Napolitano in March and visiting Great Britain in April.
The Prince of Wales and Prince William will greet Prince Harry on his return from Afghanistan, the Ministry of Defence confirmed.
Neil Bush, younger brother of U.S. President George W. Bush, called on Paraguay's president as the guest of a business federation founded by the Rev. Sun Myung Moon.
The United States Senate voted Thursday to extend expiring trade preferences that allow Colombia, Peru, Ecuador and Bolivia to send most products to the U.S. duty-free. The ten month extension, through the end of 2008, was approved without objection.
Canada's Blue Sky Uranium Corp. announced that it has entered into a Letter of Agreement to acquire 100% of the shares of Argentina Uranium Corp., thereby gaining control of over 500,000 hectare uranium land package in Argentina.
The specter of energy shortages in Chile reared its head again this week, as the Ministry of Economy released a short-term plan to confront the country's increasingly perilous energy scenario, particularly the prospect of electricity rationing, which the government last instituted in 1998. The order contains 30 points that intend to help Chile's electricity providers to operate responsibly in the coming year.
United States economic growth fell sharply in the last three months of 2007 as the credit crunch took effect and spending on new housing slumped, revised figures released Thursday show.