Magallanes region in the extreme south of Chile has a new provincial governor, Liliana Kusanovic Marusic, a well known tourism entrepreneur in Punta Arenas who last year was distinguished among the top 100 “Women Leaders” of Chile.
Venezuelan president Hugo Chavez faces a major power shortage that could severely damage the country’s economy and plunge his popularity, but he is confident sufficient rainfall is on the way to fill the lake of a crucial dam because “God is Bolivarian”.
Chinese inflation hit a 16-month high in February, causing economists to call for the government to tighten the economy to prevent overheating. The annual rate of consumer price inflation rose to 2.7% in February, up from 1.5% in January, and ahead of analysts' expectations of 2.3%.