Brazil’s Finance Minister Guido Mantega returned home early from the IMF/World Bank meetings in Washington this weekend, after a plunge in the Real extended the world’s biggest currency slump over the past month.
BAL Chile SA is dedicated to farming algae on the island of Chiloé and in a second stage, plans to produce bio-fuels for industrial use, announced the company’s CEO Benjamin González.
Bolivia's Defence minister resigned on Monday to protest a police crackdown and arrests on anti-highway demonstrators which according to unconfirmed reports also caused the death of a baby and several disappeared.
The Falklands Governor praised the Chilean members of the Islands community, described them as well integrated and good workers and said he hoped to further increase and consolidate the good longstanding relations with Chile and its people.
Venezuela’s Democratic Unit Panel, MUD, which brings together most opposition forces, has requested Unasur observers for the 2012 presidential election and for the different parties’ primaries.
A Uruguayan government delegation will begin talks on Tuesday in Brazil to address the latest restrictions imposed by Mercosur largest member and which threaten several manufacturing sectors, particularly the auto industry, said Foreign Affairs minister Luis Almagro.
Greek Finance Minister Evangelos Venizelos dismissed reports that he has discussed a scenario of an orderly default by Athens with International Monetary Fund Chief Christine Lagarde and European Central Bank head Jean-Claude Trichet.
Spanish Prime Minister Jose Luis Rodriguez Zapatero dissolved parliament on Monday, but pledged more measures to tackle Spain's economic crisis before a November election that is expected to hand power to the conservative opposition.
Rockhopper Exploration is in talks with Diamond Offshore about lining up another drilling slot as it spuds a well off the Falkland Islands. Diamond Offshore are the owners of the Ocean Guarding drilling rig contracted by Desire Petroleum and involved in the current hydrocarbons exploration round.
Argentine Economy Minister Amado Boudou urged countries in the region to “seize the opportunity created as a result of the crisis affecting developed nations and implement their own solutions.”