Stories for August 27th 2010

Friday, August 27th 2010 - 16:30 UTC
Chile Looks to Relax Casino Laws to Cater Cruise Ship Tourism

The Ministry of the Economy is planning to send a bill to Chile’s Congress that would allow cruise ships to operate their casinos while in Chilean waters. This would repeal a section of the 2005 Casinos Act that requires all cruise ships to shut down their casinos when they pass within 13.8 miles of Chile's shoreline.
Friday, August 27th 2010 - 08:28 UTC
Timerman flies to Montevideo and will announce scientists for joint-river monitoring

Argentine Foreign Affairs Minister Héctor Timerman informed via Twitter that he will fly to Montevideo next Monday to meet his Uruguayan counterpart, Luis Almagro in the framework of the recent agreement regarding the dispute over the UPM/Botnia pulp-mill.
Friday, August 27th 2010 - 08:25 UTC
Malvinas: Argentina working for more than “a gesture of support” from Unasur

Argentina is working with Unasur (Union of South American Nations) so that in the future the South American forum offers more than “a gesture of support” to Argentina’s claim over the Falkland/Malvinas Islands and helps bring the United Kingdom to the sovereignty negotiations table, said Argentine ambassador before United Nations, Jorge Argüello.
Friday, August 27th 2010 - 08:18 UTC
Mexico to impose strict limits on cash transactions to fight organized crime

Following the discovery of 72 bodies in northern Mexico, allegedly illegal immigrants heading for United States killed by one of the country’s main drug-cartels, Mexican President Felipe Calderon proposed Thursday a new package of measures against money laundering to help fight organized crime.
Friday, August 27th 2010 - 08:13 UTC
Cuba promotes luxury golf courses by giving state-land for 99 years

The cash-strapped Cuban government will allow foreign investors to use state-owned land for up to 99 years in a change that is likely to bring developments of luxury golf courses to the communist island.
Friday, August 27th 2010 - 08:05 UTC
Argentina’s hotel building boom: “symbol of climb back from global downturn”

Argentina’s hotel building boom can be held up as a symbol of South America’s climb back from the global downturn. The country has 15 projects in the development pipeline representing 1,700 rooms, according to STR Global. Of those 1,700 rooms, 68.9% or 1,172 are currently in the in-construction phase of development.
Friday, August 27th 2010 - 08:02 UTC
Peru combats the inflow of capital raising banks’ reserve requirements

Peru’s central bank will raise the reserve requirement for foreign banks depositing local currency in the domestic banking system after the Sol rose to a two- year high.
Friday, August 27th 2010 - 07:59 UTC
European Southern Observatory In Chile Discovers New Solar System

Some 127 light years away in the constellation of Hydrus, a new solar system has been discovered by a team of astronomers at the European Southern Observatory (ESO) on Cerro La Silla in Chile’s Coquimbo Region (IV).
Friday, August 27th 2010 - 07:54 UTC
Dilma Rousseff forecasted to take “bold actions” including budget cuts

As public opinion polls confirm the growing commanding gap between Brazil’s ruling coalition presidential candidate Dilma Rousseff and her main contender Jose Serra, analysts have begun to ponder on her policies.
Friday, August 27th 2010 - 07:51 UTC
Air France To Increase Flights Between France and Chile

Air France announced that beginning September 6, it will add more flights between Paris and Santiago. The airline currently offers five flights per week, but by September plans to increase that number to seven.