World temperatures will cool slightly this year but 2008 will remain among the top 10 hottest years on record (since 1850), predicted British weather experts and the University of East Anglia.
The disabled St. Helena flagged longliner Argos Georgia adrift in the Ross Sea off Antarctica's northern coast for fifteen days restarted its engine early Monday and may resume fishing, a crew member said.
Consumer prices in Chile rose 0.5% in December and the annual rate reached 7.8% the highest level since June 1996 according to the latest report from the government-run National Statistics Institute, INE.
Uruguay's consumer prices index increased 0.3% in December totaling 8.5% in 2007, two full points above the Central Bank's target and the highest since the 10.2% of 2003, according to the country's Statistics Institute monthly report
January 12 marks 25 years since the opening of the Falkland Islands Government Office (FIGO) in London, making it one of the longest established UK Overseas Territories Offices. Sukey Cameron MBE has been the Falkland Islands Government (FIG) UK Representative since 1990.
Bulk transportation company Navios Maritime Holdings Inc. said it has formed a South American logistics business by combining its existing port operation in Uruguay with the barge and upriver port businesses operated by the Horamar Group.
Wrapping up the Customs Code, productive integration and advancing in trade talks with India and the South Africa Customs Union are the main objectives on which Mercosur will be fully committed until next July, announced Argentina which holds the group's chair for the next six months.
OPEC president Chakib Khelil said on Saturday that the organization is supplying the international market with enough crude but can't be blamed for record prices. But he anticipated oil prices can be expected to keep rising during the first quarter of this year before stabilizing in the following quarter.
President Hugo Chavez shuffled his Cabinet on Thursday, naming a retired military officer as vice president and other changes aimed at tackling corruption and inefficiencies in his socialist government
Environmental groups have expressed outrage over a decision by the US government to open a huge area off Alaska's northwest coast for oil drilling.