Chile's National Statistics Institute (INE) reported 2.6% inflation for 2006, well within the goal set by Chile's Central Bank.
The value of cellulose rose to 735 US dollars per ton this week, according to industry indicators, the highest price for cellulose since February 16th, 1996
Chile receives its fair share of high-profile visitors, from heads of state, to world famous rock musicians to Hollywood movie stars. Rarely, though, does the country play host to true royalty, much less to a key member of Great Britain's House of Windsor.
Bolivian President Evo Morales renewed his pledge to nationalize his country's mining industry, saying he would complete the task this year.
The Office of the U.S. Trade Representative (USTR) announced this week that Chile has been elevated from its Watch List to its Priority Watch List for alleged failure to comply with U.S. standards for intellectual property rights protection. The USTR cited the software and pharmaceutical industries in Chile as presenting the greatest threats to American business interests.
Investors scared by President Hugo Chavez's nationalization plans rushed to sell off Venezuelan stocks Tuesday, while U.S. officials and financial analysts warned that increasing government control in the power, telecom and oil sectors is a mistake.
Organization of American States Secretary General Jose Migule Insulza received on Tuesday full support from country members' representatives during a debate promoted by Venezuela following the controversy with Venezuelan president Hugo Chavez.
Chile decided on Tuesday to increase to 33%, and during three months, safeguard tariffs on Argentina wheat flour, reported in Santiago the Minister of Agriculture Alvaro Rojas.
Venezuelan President Hugo Chavez was sworn in for another six years on Wednesday, promising to press ahead with a sweeping socialist agenda: Fatherland. Socialism or death †I swear it” said Chavez, holding his right hand in the air as he invoked Cuban leader Fidel Castro's famous call to arms.
Latinamerica and the Caribbean trade surplus with the United States in November dropped 11.5% in November to just over 7 billion US dollars according to the US Department of Commerce.