The director of Brazil's Agencia Nacional do Petroleo (ANP) reports significant interest from operators in Brazil's upcoming 11th bidding round as the country pursues its plans to double its oil and natural gas production. The bidding round is the first since December 2008 and the first under the nation's new hydrocarbon law.
Uruguay’s stubbornly high inflation is as much structural in nature as it is due cyclical factors and to bring it down requires changes in fiscal policy, tackling widespread salary indexation and policymakers need to enhance their credibility according to Capital Economics.
Atomic power agencies from Brazil and Argentina signed an agreement to build two nuclear reactors for research and production of radioisotopes, according to the Ministry of Science and Technology (MCT).
Peru which currently holds the chair of Unasur, Union of South American Nations is promoting a new meeting of country members’ heads of state to address the political situation in Venezuela, Foreign minister Rafael Roncagliolo said on Thursday.
A new international campaign to promote Chile as a tourism destination was launched by the Under Secretariat for Tourism, the institution responsible for the promotion of Chile in overseas markets. The campaign was presented in parallel in Sao Paulo as part of the events at World Travel Market (WTM) Latin America.
More than 23,500 pedestrians were killed on the roads in Latin America and the Caribbean in 2010, making pedestrians the most vulnerable group of road users in the region.
Argentina formalized on Thursday the call for this year's primary and legislative elections which will be held on 11 August and 27 October respectively and will see Argentines aged 16 vote for the first time.
Valparaíso, Chile’s main port will be hosting the continental version of the Sea Trade Fair next May 14/15, a major cruise industry event which is celebrated every three years and for the first time in Chile. The previous meetings were held in Sao Paulo and Buenos Aires.
President Nicolas Maduro said he was a ‘Kirchnerite president’ and the ‘second Peronist president’ of Venezuela during a political rally with Argentine trade unions and militant groups in a packed Buenos Aires stadium to recall the figures of the deceased Hugo Chavez and Nestor Kirchner.
Argentine Foreign minister Hector Timerman said that relations with Uruguay are going through “a good moment”, contrary to recent statements from Uruguayan Vice-president Danilo Astori, and described as ‘false’ the information that two Falklands’ flagged fishing vessels had called into Uruguayan ports.