Two biannual reports revealed Chile as one of the countries with the worst pension statistics and the highest citizen out-of-pocket expenditure on health among Organization for Economic Cooperation and Development (OECD) nations.
Attracted by Chile’s positive economic climate a trade mission for North West England will be arriving in Santiago on 2nd-3rd December. The delegation from one of the most dynamic areas of the UK economy has representatives from Covering Cheshire, Lancashire, Cumbria and the cities of Manchester and Liverpool.
President Nicolás Maduro has sent clear messages to the Venezuelan central bank arguing that following the 'economic war' he declared on big business and hoarding with the mandatory cuts in prices, November should register 5% deflation and not inflation.
Brazilian Finance Minister Guido Mantega said on Tuesday the government will remove some subsidies and delay tax breaks to keep the country's fiscal policy sound. Likewise the state development bank, BNDES, will stop funding lines for regional government next year.
By R Viswanathan (*) The Leftist coalition candidate Michelle Bachelet won 47% of the votes in the presidential elections held on 17 November while her rightist rival Evelyn Matthei got just 25% votes.
The agreement reached by the world powers with Iran regarding its nuclear plans could have a positive impact for Uruguay, (and the region) since the regime of Teheran has been for years a strong client of Uruguayan rice and other products.
Three years of study in Patagonia have produced what researchers describe as most important paleontological findings in Chile in the last 10 years. The discovery of leaf and dinosaur fossils in South America has revealed the continent was connected to Antarctica 20 million years more recently than previously believed.
The high operational costs in the ports of the region is having a negative impact for the cruise industry and some of the companies have already withdrawn vessels from the South Atlantic routes, warned Mediterranean Shipping Company, MSC and Royal Caribbean during a regional conference on the industry sponsored by Uruguay's Ministry of Tourism.
Both leading presidential candidates in crime-wracked Honduras declared victory late Sunday, setting the stage for a possible round of street protests and violence in one the world's deadliest countries. With more than half the votes counted, conservative Juan Orlando Hernandez was ahead with 34% against 29% for populist Xiomara Castro.
Hundreds of scientists from all over the world under the umbrella organization World Science Forum, WSF, meets this week in Rio do Janeiro to discuss their role in the 21st century and to emphasize the importance of scientific advice in political and economical decisions.