Peru's most treasured archaeological site, Machu Picchu, is due to be formally re-opened after it was closed for two months.
LOCAL investors – reputedly one in ten of the population – saw the value of their oil shares plummet this week as Desire Petroleum confirmed media speculation that the first oil found by the Ocean Guardian rig was of poor quality.
The historic February 27th earthquake left more than 90 percent of Chile’s hotels and tourist services without structural damage. The same can’t be said about Chile’s tourism industry. A huge number – perhaps as much as half – of all upcoming reservations made by foreigners have been cancelled.