Stories for January 20th 2011

Thursday, January 20th 2011 - 23:52 UTC
Sixty Percent of Visits Cancelled to Southern Chile

Seven days of protests and demonstrations, widespread international coverage, and dramatic warnings of violence in the Magallanes Region took their toll on the tourism industry in southern Chile’s Punta Arenas.
Thursday, January 20th 2011 - 23:35 UTC
Chilean Commission Finds Mines Owners Responsible for Collapse

The Chilean commission investigating the mining disaster in the Atacama desert last year, has found the owners of the San Jose mine and the National Service of Geology and Mines responsible for the accident and the Chilean government free of any blame.
Thursday, January 20th 2011 - 23:05 UTC
Uruguayan Low Unemployment Causing Problems

To have low unemployment is something most countries would be proud of and not moan about. However, in Uruguay unemployment is at an all-time low of 6.1% and is causing concern among economists, human resource companies and businesses, reports the BBC.
Thursday, January 20th 2011 - 18:35 UTC
Chile and Peru Best Time in Bilateral Relations

Chilean President Sebastian Piñera and Peru’s Alan Garcia agreed on Wednesday to downplay Lima’s suit against Santiago over maritime boundaries in favor of economic integration to combat poverty and underdevelopment. They instead outlined that bilateral relations are going through the best ever time, in term of relations.
Thursday, January 20th 2011 - 17:17 UTC
Brazilian and Uruguayan Foreign Ministers to Meet every Three Months

Brazilian and Uruguayan Foreign Ministers Antonio Patriota and Luis Almagro have agreed to hold bilateral meetings every three months they announced during a press conference in Uruguay. The ministers met to discuss the forthcoming meeting between Uruguayan President Jose Mujica and his Brazilian counterpart Dilma Rousseff, scheduled for the first week of February.
Thursday, January 20th 2011 - 16:52 UTC
UK Unemployment at Record High

The latest figures from the Office of National Statistics show that the number of unemployed in the UK has increased by 49,000 to 2.5 million, with a record number of young people out of work.
Thursday, January 20th 2011 - 16:44 UTC
Brazil Raises Interest Rate to 11.25%

Brazil’s Central Bank has increased its key interest rate to 11.25% in the hope of halting inflation. The rate has gone up from 10.75% and is the first under the Government of President Vilma Rousseff, who came in to office earlier this month.
Thursday, January 20th 2011 - 16:40 UTC
Argentine Economic Activity Increases 8.2% in 2010

Economic activity in Argentina increased 8.2% during 2010 and in December grew 9.3% compared to the previous year, a private report says.
Thursday, January 20th 2011 - 16:37 UTC
LAN Chile To Merge With TAM Soon

The Chilean airline Lan announced that it has agreed with the Brazilian airline TAM the terms for the merge of the two airlines, which will take place in the next six to nine months
Thursday, January 20th 2011 - 03:42 UTC
Argentina Farmers Threaten Second Strike of 2011

Argentine farmers threatened to go on strike for a second time this year if the government does not change their policy towards them. At a meeting in Buenos Aires province city, Bahia Blanca, farm workers leaders met to discuss the week-long strike, which began last Monday. Farmers have stopped the sale of wheat, corn and soybean over export curbs.