Mr Obama will announce that Washington is lifting the toughest restrictions on travel to the island for Cuban-Americans and the dollar remittances they can send back to impoverished relatives.
Visits to Chilean Patagonia’s Torres del Paine National Park were down slightly this tourist season, which began in October, 2008, and ended last month.
Investment in Chilean copper and gold projects is expected to total over $30 billion. Chile is the world’s No. 1 producer and exporter of copper and each 1-cent increase in the annual median price of copper represents an additional $40 million for the treasury of the Andean nation. The median price per pound so far this year is $1.59, compared with $3.15 a pound in 2008.
While property prices in destinations like Europe and North America have been deeply affected by the global financial crisis, luxury real estate in this renowned South
American getaway remains exceptionally strong.
Albeit intensely debating the global economic downturn and its impact on tourism, this year’s Seatrade Miami Cruise convention – the world’s most important gathering of cruise industry professionals – has emitted a generally positive signal: The industry believes in continued growth.
Google is tight-lipped about its computing operations, but the company for the first time on Wednesday revealed the hardware at the core of its Internet might at a conference here about the increasingly prominent issue of data center efficiency.
Brazil named Aldemir Bendine as chief executive of federally owned Banco do Brasil Aldemir Bendine seeking to boost lending in the country's financial system and lower borrowing costs. Bendine, a Banco do Brasil veteran who was previously in charge of its credit card and new retail business, succeeds Antonio Francisco de Lima Neto as CEO.
Pope Benedict reflected on the tragedies and disasters that test faith during a Good Friday procession in Rome, just hours after Italians buried victims of the country's devastating earthquake.
A new poll from CNN shows that two-thirds of US citizens surveyed think the US should lift its travel ban on Cuba, and three-quarters think the US should end its five-decade estrangement with the country.
Argentine and Chilean delegations officially launched this week in Punta Arenas, extreme south of Chile, the Bi-national Patagonia Chamber which brings together fifteen regional chambers from the regions of Aisen and Magallanes and Argentine Patagonia.