The average price of an exported bottle of wine from Argentina has exceeded a Chilean bottle for the first time, according to recently released Wines of Chile figures. The report also revealed that Chile's wine exports fell 4.4% between January and June 2009, compared to the same time last year.
South America's twelve nations on Saturday pledged to respect regional vaccine price ceilings to prevent businesses from exploiting fear of the A/H1N1 flu pandemic, Ecuador's Health Minister Caroline Chang said.
United Kingdom Defence chiefs should not let the war in Afghanistan distract them from the needs of other British soldiers around the world such as the Falkland Islands, warns a Tory MP.
The UK part-nationalised Lloyds Banking Group may raise billions of pounds from shareholders to reduce its reliance on the taxpayer, it has been reported. The bank - which is 43% state-owned - is considering the move to avoid the £16 billion cost of placing billions in toxic debts into a taxpayer-backed insurance scheme, the Sunday Times reports.
An “ethics responsibly” clause for the media and a strong criticism of the current financial architecture in South America and the global crisis are two controversial issues added to the already charged agenda of the Unasur summit which opens Monday in Quito, Ecuador.
One of the last two bidders in the running to buy Britain’s Vauxhall car maker has said it has no plans to close its two UK plants or drop the brand. Belgian investment group RHJ International is vying with Canadian firm Magna International to buy the European arm of ailing General Motors, which owns Germany's Opel as well as Vauxhall.
The interim government of Honduras has said it will not allow a high-level delegation from the Organisation of American States to visit for talks. It said OAS chief Jose Miguel Insulza would not be an impartial observer.
President Barack Obama joined Friday a controversy boiling in South America by denying the United States is planning to set up military bases in Colombia as part of an upgraded security agreement with Bogotá. There have been those in the region who have been trying to play this up as part of a traditional anti-Yankee rhetoric. This is not accurate, Obama told Hispanic media reporters.
A third operator could be joining Lan and Sky Airline in cargo and passenger traffic between Santiago de Chile and Punta Arenas, according to an official request presented before Chile’s Civil Aeronautics Agency last July 24, reports La Prensa Austral.
The Union of South American Nations, UNASUR will debate the creation of four ministerial councils on narcotics-traffic, infrastructure, culture and education and social development during the summit hosted by Ecuador which begins next Monday.