Two major South American airlines announced on Friday plans to merge and create the biggest carrier in the region. Brazil's largest airline TAM Linhas Aereas will be teaming up with Chile's LAN.
The Union of South American Nations, Unasur, Argentina and Venezuela were among several to condemn the car bomb attack perpetrated Thursday morning in the Colombian capital, Bogotá that left at least nine people injured and which President Juan Manuel Santos described as a “terrorist action”.
As China is gaining ever wider economic influence, Argentina runs the risk of losing the opportunity to benefit from the trend by keeping discriminatory measures against Chinese products, an Argentine expert warned.
Chilean president Sebastián Piñera called for the resignation of top officials from the national mining regulatory body (the National Geologic and Mining Service of Chile, Sernageomin) as a result of last Thursday’s mine collapse in northern Chile, where 33 miners remain trapped. Sernageomin’s national director, the regional director and the sub-director of were all named in the announcement.
The Inter-American Development Bank approved a 6.85 million USD grant to expand access to better sanitation and water services in Uruguayan rural communities and schools.
Four Indian warships are being dispatched for a two-month-long overseas deployment along the African coast this week, which will culminate in complex trilateral war games among Indian, Brazilian and South African navies.
British newspaper The Financial Times has run a story focusing on Argentina's wheat production, explaining that due to export limits and taxes, farmers have slashed the land sown with wheat to a 111-year low and cereal exports have been halved over the past five years.
Brazil's oil regulator said on Thursday it halted operations of state oil company Petrobras' (PETR4.SA: Quote) offshore P-33 platform, citing safety concerns. The announcement follows oil workers union claims that the rig was “dangerous”.
Senators from Chile’s coalition junior partner announced they support the approval of the Unasur, Union of South American Nations charter previous compliance with several ‘basic conditions’.
In the nineties most Argentine companies were purchased by companies with headquarters in New York or Madrid but in this decade they come from less glamorous countries: China, India, Brazil, Russia and unsuspected places such as Mexico, Peru and Colombia.