Venezuela is catalogued to be the world's riskiest sovereign credit, followed by Argentina, in the table of countries whose debt is the costliest to insure, credit default swap monitor CDS DataVision said this week.
The secretary of Vatican State Cardinal Tarcisio Bertone arrived in Chile this week for an extended visit which includes a meeting with President Sebastian Piñera.
Fonterra, the world's biggest dairy exporter, has said that a seasonal squeeze on Australasian milk supplies is behind a 21% jump in prices to their highest in nearly two years.
United States agricultural exports to Cuba declined by more than 180 million USD in 2009, down from a record 715 million USD in exports set in 2008, according to a Texas AgriLife Extension Service economist.
The significant and numerous attendances to the World Economic Forum, Latin American chapter, taking place in Cartagena, Colombia, shows that “the Democratic Security policy has gained back confidence in Colombia” said Colombian President Álvaro Uribe during a radio interview.
Fishing production in Chile’s central south BioBio region (Region VIII) is still reeling in the aftermath of the Feb. 27 earthquake and tsunami.
Bolivia and Brazil are considering a vast joint investment program to industrialize natural gas and for the exploitation of strategic minerals in the salt plains of the land-locked Andean country.
Colombian President Alvaro Uribe spoke out against the danger of entering into an arms race that could be hugely damaging, following news that Russia may sell 5 billion US dollars of weapons to Venezuela, reports the Colombian press.
Colombian Trade Minister Luis Guillermo Plata said that the World Economic Forum on Latin America (WEF), which was inaugurated by President Alvaro Uribe in the coastal city of Cartagena, demonstrates confidence in Colombia as an investment destination.
Landslides and floods set off by the heaviest rains in decades killed at least 100 people in the Brazilian state of Rio de Janeiro, making hundreds homeless, flooding roads and paralyzing Brazil's second city, officials said.