United States shares staged a late recovery on Monday to post only their second positive close of the month. Earlier, European and Asian markets fell on fears that Greece may default. In Latin America results were much in line with the US.
The Secretary-General of the Union of South American Nations (UNASUR), Colombian María Emma Mejía said that the region has shown “more imagination and audacity in the measures applied” than G7 countries, which are debating how to get out of the mess they are currently undergoing.
Emerging markets helped boost Scotch whisky exports by 22% in the first half of this year, according to new figures. The Scotch Whisky Association (SWA) said global shipments between January and June reached £1.8bn, up from £1.47bn achieved during the same period in 2010.
The prestigious British magazine Condé Nast Traveller has nominated the Hotel Salto Chico in Chilean Patagonia among the Americas and Caribbean best hotels.
The Salvador Allende Foundation that the remains of former President Salvador Allende were re-interred last Thursday after being exhumed in May for forensic analysis.
Chile’s Sunday September 11 demonstrations to recall the military coup of 1973 turned violent and left one adolescent with a gun wound, power cuts, dozens of arrests and 350 “outbreaks of violence” in the capital Santiago according to the Carabineros (militarized police) report.
Chilean Patagonia Torres del Paine national park has been nominated as the best place in the world for trekking and outdoor activities according to the latest rating from Wikiexplora, reports Santiago’s El Mercurio.
US ambassador in Brazil Thomas Shannon said the country suffered from “extended corruption” according to a diplomatic cable a year and a half ago referred to former president Lula da Silva administration and which was recently released by Wikileaks.
Impassioned youth across Chile have taken to the streets by the hundreds of thousands this year to demand radical education reform. Yet four months in, the students are no longer just talking about education costs and access.
Latin American shares sank on Friday as global equity markets plunged on fears a Greek default could hobble major European banks and deepen a global economic slowdown.