Stories for 2010

Thursday, September 2nd 2010 - 06:57 UTC
Average tourist visiting Chile is 50 years old and from the Americas

More than 3.6 million foreigners from all over the world visit Chile spending nearly two billion US dollars every year. To better understand the growing tourism industry in Chile, the country’s national tourism service, Sernatur, has just released a study called “Type of Potential Tourists and Demands in Chile” which categorizes and analyzes tourists’ behaviour while visiting the country.
Thursday, September 2nd 2010 - 06:55 UTC
Minutes confirm Fed ready to purchase more government bonds to prop economy

United States Federal Reserve will buy up more debt if the outlook worsens “appreciably”, minutes from its August meeting have revealed. The central bank preferred to purchase US government bonds, but did not rule out buying further mortgage debts.
Thursday, September 2nd 2010 - 06:50 UTC
Caterpillar expands manufacturing operations in Brazil to cater Mercosur

Caterpillar Inc. (NYSE: CAT) announced Wednesday the expansion of its manufacturing operations in Brazil capitalizing on the expected growth of demand in the Mercosur regional block and Latin America.
Thursday, September 2nd 2010 - 06:44 UTC
NASA experts: “hopelessness”, the worst enemy of trapped miners

A group of NASA specialists arrived Tuesday in Santiago to help the Chilean rescue team and Health and Mining ministers to assure a successful rescue mission for the 33 miners who have been trapped 700 meters underground since August 5.
Thursday, September 2nd 2010 - 06:39 UTC
First time ever Argentine purchase of Russian military hardware

Russia has signed a “historic” contract to deliver Mi-17 helicopter to Argentina, a member of a Russian delegation said on Wednesday according to a report from Russian news agency RIA Novosti.
Thursday, September 2nd 2010 - 06:31 UTC
Tiny marine animals reveal a possible ancient sea passage in Antarctica

Scientists have found evidence for an ancient sea passage linking currently isolated areas of Antarctica. The evidence comes from a study of tiny marine animals living either side of the 2km thick Western Antarctic ice sheet.
Wednesday, September 1st 2010 - 19:56 UTC
Rapid recovery and strong copper demand sustain Chilean Peso appreciation

The Chilean peso rose on the first day of September, --and now stands at 500 to the US dollar--, as accelerating manufacturing growth in China improved the outlook for Chile’s raw material exports, mainly copper.
Wednesday, September 1st 2010 - 19:34 UTC
Chinese sovereign fund takes control of 10% of Morgan Stanley’s

The U.S. Federal Reserve Board announced it has approved the application by China Investment Corporation (CIC) to buy up to 10% of voting shares of investment giant Morgan Stanley.
Wednesday, September 1st 2010 - 19:28 UTC
Alarm in Ushuaia: cruise calls are forecasted to drop 20% this season

Tierra del Fuego province, in the extreme south of Argentina, and its capital Ushuaia is anticipating a 20% fall in the cruise business this coming season 2009/10 compared to 2008/09 according to the president of the regional tourism institute.
Wednesday, September 1st 2010 - 19:21 UTC
Argentine-Japanese couple takes top prize in Tango World contest

An Argentine-Japanese couple beat 400 dancing pairs to take top prize in the Mundial de Tango world competition held this year in Buenos Aires' Luna Park amusement centre.