With the US dollar in free fall the Chilean Association of Exporters, ASOEX have called on the country's authorities so that once and for all they understand the situation that vast sectors of the Chilean economy are experiencing, particularly small and medium enterprises which represent a significant number of jobs.
Houston independent Apache Corp. reported that its Seccion Banos-2004 well on the Argentine side of Tierra del Fuego is producing 1,635 b/d of oil and 1.3 MMcfd of gas from the Lower Cretaceous Springhill sandstone. The well is the first large producer drilled following Apache's 1,800 sq-km, 3D seismic survey in the area.
The global economy is expected to slow to a modest 3.3% growth in 2008, but things could worsen if United States slips into recession, the World Bank said this week in a report on Global Economic Prospects 2008.
Colombian rebels freed two women held hostage for more than five years, handing them over Thursday to Venezuelan officials who flew them to Caracas where a triumphant President Hugo Chavez awaited
Tata Motors Ltd., India's largest truckmaker, unveiled the country's cheapest car, pricing it at 100,000 rupees ($2,500) as it aims to convince the nation's 45 million motorcycle riders to trade up to four wheels.
Federal Reserve chief Ben Bernanke has said that the outlook for the US economy in 2008 has worsened.
Jorge Isaac Anaya, a former Argentine navy chief who was the leading proponent of the past dictatorship's ill-fated 1982 invasion of the Falklands Islands, has died at 81.
Anaya, who suffered a heart attack in 2006 while awaiting court questioning about human rights abuses during military rule, died at home
Tony Blair is to take a job with a major Wall Street bank which is likely to earn him around £500,000 a year. The former Prime Minister will work part-time providing political and strategic advice to JP Morgan in the first of a number of similar positions in the private sector.
Federal Environment Minister Peter Garrett has arrived in Antarctica on the historic first passenger flight linking the white continent with Australia.
Brazil's third-largest beef exporter, Marfrig Frigorificos e Comercio de Alimentos SA through its Argentine branch Breeders & Packers SA has acquired Argentina's Mirab SA for 36 million US dollars said the company in a statement.