The National Statistics Institute (INE) revealed this week that Chile's Consumer Price Index increased 0.9% in June. That figure is nearly double the 0.5% monthly government projection, and it revived calls for higher interest rates to calm inflation worries.
Several outstanding United States officials will be visiting friendly countries in South America to promote political and trade links in the framework of what has been described as the year of the US commitment with Latinamerica.
The first bid in a 5.2 billion-dollar project to widen the Panama Canal was issued on Friday to a Panamanian company, officials said.
Chile's securities regulator on Friday fined a leading right-wing politician and former presidential candidate for insider trading of LAN Airlines SA stock
Pamela Cox, World Bank Vice President for Latin America and the Caribbean, announced the appointment of three new country directors for the region to head the units of Mexico and Colombia; the Andes: Bolivia, Ecuador, Peru and Venezuela; and the Southern Cone: Argentina, Chile, Paraguay and Uruguay, effective July 1st, 2007.
Colombia's guerrilla movement FARC (Colombian revolutionary armed forces) are the main culprits for the death of the eleven local Deputies which they held captive, but so is Colombian president Alvaro Uribe, said on Sunday Melanie Betancourt, daughter of Ingrid Betancourt held at ransom by the Marxist oriented guerrillas.
Venezuelan President Hugo Chavez called for a strategic partnership with Belarus Friday, calling his Belarusian counterpart a "brother-in-arms" and lamenting the pressure he said the United States was putting on Minsk and Caracas
Venezuelan president Hugo Chavez said he's willing to withdraw his country's request to become full member of Mercosur because in his own words it's a mechanism marked by capitalism and ferocious competence, according to an official news release.
Cold winter conditions and the lack of wind are exacerbating air-quality problems in Santiago and Chillán; pollution in both cities has reached extreme levels.
The International Monetary Fund and the World Bank are cooperating unconditionally with Bolivia's government after months of frosty relations, said President Evo Morales during his visit to Zurich, Switzerland.