With high Andean peaks and a humid tropical forest, Bolivia is a country of ecological extremes. But during the Southern Hemisphere's recent winter, unusually low temperatures in part of the country's tropical region hit freshwater species hard, killing an estimated 6 million fish and thousands of alligators, turtles and river dolphins.
The UK economy grew by more than initially thought in the second quarter of 2010, boosted by a strong performance by the construction sector. The economy grew by 1.2% in the quarter, the Office for National Statistics (ONS) said, revising up its initial estimate of 1.1% growth.
Federal Reserve Chairman Ben Bernanke said the economic recovery has softened more than expected and the Fed is ready to take further steps if needed to spur the stumbling economy.
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.
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.
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.
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.
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.
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.
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.