The acceleration of the Chilean economy and the increased purchasing power of Chileans have lead to record sales of cars and computers this year.
US oil giant Chevron has launched a legal appeal against a 9.5 billion US dollars fine by an Ecuador court for polluting much of the country's Amazon region.
The Cuban government has freed one of the country's leading dissidents, but he says he will keep protesting against the government.
Foreign Affairs ministers from the Union of South American Nations, Unasur, gathered in Ecuador Friday for their first meeting as a legally constituted organization agreed on the names to fill the post of Secretary General, vacant since the death of former Argentine President Nestor Kirchner.
Emerging markets face a “definitive danger” from accelerating inflation and should resist the temptation to impose capital controls to stem currency gains, said Arminio Fraga, the head of Brazil’s stock exchange and a former central bank president.
This week’s strong statement from the European Parliament warning about concessions that ‘can adversely affect European farmers’, precisely a week before Mercosur and EU delegates meet in Brussels to advance trade discussions has caused a certain degree of uncertainty among the South American group delegates.
Union of South American Nations Foreign Affairs ministers meet Friday in Quito to formally launch the group’s treaty and charter and begin discussions on a successor for deceased former Argentine president Nestor Kirchner who was the first Secretary General of Unasur.
The enrolment of foreign students in Chilean universities has grown by 700% this past decade, with North American students leading the pack. Many students are attracted by the opportunity to travel, to learn Spanish and to experience a different culture.
The permanent headquarters of Unasur, (Union of South American Nations) in Quito, Ecuador will be named after its first Secretary General, deceased Argentine former president Nestor Kirchner, the government of Ecuador officially announced Wednesday.
Wikileaks cables last week revealed that the U.S. Embassy in Santiago pressured Chilean government officials in 2009 to change environmental rules so that a controversial thermoelectric plant could be built.