The Monetary Council of the Chilean central bank surprised markets on Monday by deciding to increase the basic interest rate 75 base points to 1,5%, the highest jump since August 2001. According to a bank release, the decision from the council was unanimous, and well beyond market expectations that had estimated an increase of 25 to 50 base points.
Disruptions of global maritime transport and major rivers struck by insufficient water flow to allow vessels to navigate are threatening beef exports Mercosur, including Brazil, Uruguay and Paraguay, when prices for food commodities are rising all over the world.
Chile presented on Monday a Plan to combat Drought to increase the provision of water and improve its efficient use thus ensuring the supply for human consumption and the production of food.
Royal Caribbean's Wonder of the Seas has returned to Saint Naizaire after completing four days of sea trials including seven dozen tests, which apparently have been successful or up to expected standards.
The multinational Pfizer-BioNTech consortium has reached a deal with Brazilian laboratories Eurofarma to produce its famous COVID-19 vaccine in the South American country, it was announced Thursday.
Following a horizon scanning exercise that identified marine invasive species as a key threat, the Government of South Georgia & the South Sandwich Islands (GSGSSI) is embarking on a marine bio-security project with the Falkland Islands based South Atlantic Environmental Research Institute (SAERI).
Argentina faces possible embargoes after holders of debt resulting from the expropriation of flag carrier Aerolineas Argentinas brought the case to a New York court on Wednesday for an amount of approximately US $ 320 million.
The All Blacks, in their black colours, is mighty and feared New Zealand rugby national team, which during the last two decades have been an almost unbeatable side collecting trophies in the northern and southern hemispheres.
Royal Navy aviators are helping to survey the devastation in Haiti as they fly dawn-to-dusk flights over the earthquake-hit Caribbean country. A helicopter from support ship RFA Wave Knight has been in the air since Friday, flying over parts of the Tiburon Peninsula – epicenter of the quake which struck on August 14 – to locate villages, towns and infrastructure urgently in need of help.
The biding conditions and process for the construction the International Antarctic Center in Punta Arenas, should be ready before the end of the current government of president Sebastián Piñera, according to Magallanes governor Jorge Flies and Jennifer Rogers, presidential delegate for the region.