Chilean authorities anticipate that for the season 2012/13, Punta Arenas will be in favourable conditions to compete with neighbouring Ushuaia in Argentina. This follows on Chilean initiatives to cut operation costs for cruise vessels dramatically and the lifting of the ban on floating casinos.
Peru and the European Union will be signing the final documents for a bilateral free trade agreement (FTA) in mid March, said Peruvian Trade and Tourism Minister Eduardo Ferreyros in Lima.
Unemployment across Chile grew 0.2% in the last quarter (Oct-Dec) to stand at 7.3% nationally. That equates to 22,000 extra people who are without an income from the end of last year.
By Nicolás Eyzaguirre (*) Building on recent successes, Latin America now has a chance to raise its profile in the global marketplace. “There is nothing so joyous as a Mexican fiesta, but there is also nothing so sorrowful,” wrote Nobel-Prize-winning poet Octavio Paz, in The Labyrinth of Solitude. “Our fiestas are explosions. Life and death, joy and sorrow, music and mere noise are united.
King Momo” opened the Rio de Janeiro Carnival on Friday at a festive ceremony where he was presented with the keys to the city, which for five days will dance to the beat of the samba to celebrate Brazil’s most iconic festival.
The cost of producing energy keeps going up in Chile, as the drought in the north drags on and the international price of petroleum increases.
Automobile production in Brazil rose 18.7% in February from January, setting a record for the month, as exports surged on the back of increased global demand for automobiles, industry data showed on Friday.
Argentine dock workers reached a wage deal on Friday and called off a three-day-old protest that paralyzed two major soy export terminals and stopped 20 grains ships from loading, a union leader said.
The U.S. economy added 192,000 jobs in February while the unemployment rate fell to 8.9%, the lowest in nearly two years, the Labour Department said Friday. Last month’s jobs gain was the best since May.
Argentina's construction activity grew at a slower pace in January, with many builders away on summer vacation, according to the national statistics agency, Indec.