The Cuban government admitted it will have to amend several laws and decrees before implementing a plan of updating the Socialist economic model, the official Granma daily reported this week. This includes eliminating the double currency system.
Russian energy firm Gazprom has joined a growing list of foreign companies searching for oil off Cuba's coast.
Type 42 Destroyer HMS Manchester has become the first Royal Navy ship to make an official visit to Cuba since the country's 1959 revolution. The ship landed at the Sierra Maestra pier in Havana on Monday for the beginning of a five-day visit.
Venezuelan President Hugo Chavez promoted a general criticized for vowing not to cooperate with opposition leaders should they take power after 2012 elections, raising tensions in the run-up toward the vote.
United States president Barack Obama confirmed to his Chilean counterpart Sebastian Piñera an upcoming trip to Chile as part of his next South American tour. The two leaders met at the Asia-Pacific Economic Cooperation (APEC) summit in Yokohama, Japan, this weekend.
With the staring participation of UN Secretary General Ban Ki-moon, the United Nations' Assembly held a special session Monday to pay tribute to former Argentina president and UNASUR Secretary General, Néstor Carlos Kirchner, who passed away on October 27, reported Argentine ambassador to the UN Jorge Argüello.
A new business association promoting Chile’s thermal hot springs hopes to bump visits up 12% to 1 million people by 2015. Last year only 700,000 people visited Chile’s hot springs, which exist in all corners of this mountainous, volcano-rich country.
In spite of healthy economic growth in Latin America, local and foreign companies alike single out one area as deficient, especially compared with Asia: infrastructure.
The nudism and naturism movement in Chile will soon be in the international spotlight, as the country was recently named headquarters for the Latin American Nudism-Naturism Conference, scheduled for March 2012.
A 3.85 billion US dollars pipeline to carry freshwater some 1,000 kilometres from central Chile to the country’s northern desert will provide a cheaper alternative for users now reliant on desalinization of ocean water, a business news Web site said this week.