Construction of the 2.4 billion US dollars Pascua Lama gold mine has been delayed at least one year due to a tax dispute between Chile and Argentina. The Pascua Lama mine straddles the Chile-Argentine border
Uruguayan Socialist president Tabare Vazquez is preparing a reshuffle of the ministerial cabinet which will include half of the posts, including those with the greatest political and financial weight, according to the government newspaper La Republica.
Argentina's former economy minister was charged Monday with trying to cover up the discovery of a bagful of cash she stashed in her office bathroom. Felisa Miceli now faces prosecution on charges of alleged cover-up and destruction of evidence. She also faces a 200.000 pesos embargo.
A St Helena registered longliner stranded in the Ross Sea in Antarctica for two weeks is expected to leave the area sometime on Monday.
Colombia on Saturday called on cocaine funded leftist guerrillas to unconditionally free hostages after saying the rebels lied in an incoherent way about the whereabouts of a young child they promised to free last month.
Brazilian Mines and Energy minister Nelso Hubner proposed a tripartite meeting with Argentina and Bolivia to ensure the supply of Bolivian natural gas for the two main economies of South America highly energy dependent of their inland resource-rich neighbor.
China's central bank said it will take more steps this year to cool inflation and prevent the world's fastest growing major economy from overheating. A tighter monetary policy will help prevent the economy from overheating and prevent price increases from spreading, the central bank said in a statement last week after concluding a two-day annual work meeting in Beijing.
Record oil prices and continuing high food costs kept Euro zone inflation at 3.1% in December, reported the European Central Bank (ECB).
Pulled by a high seas tug the Chilean flagged fishing vessel, stranded close to Antarctic waters for several days, finally arrived late Saturday to the city of Punta Arenas, from where she regularly operates.
Two Americans from Kansas City fulfilled their goal of running a marathon in one of the coldest places in the world, Antarctica. The feat was completed last December leaving for Antarctica from Punta Arenas and returning back home on Christmas Day, reports the Kansas press.