
The Organization of American States (OAS), Secretary General Jose Miguel Insulza will be sworn Monday for a second five year term. Chilean born Insulza will take the oath at a special meeting of the OAS Permanent Council in Washington DC.

Venezuelan President Hugo Chavez announced that the arrival of the rainy season will help eliminate power rationing on weekends and on weekdays at non-peak hours. Chavez made the announcement during a meeting of an electricity advisory group at the Miraflores presidential palace that was aired by state-run VTV television.

Investments by Spanish firms are protected in new Bolivian regulations, but companies involved in plots against the government will not be forgiven, said President Evo Morales on Sunday during a fence-mending speech.

Cuban dissident Guillermo Fariñas said on Sunday that the Catholic Church notified him that Raul Castro’s regime on Monday will begin taking “preliminary steps” regarding ill political prisoners and that a meeting is scheduled for this week “to speak about releases”.

Colombia’s former Defense Minister Juan Manuel Santos and Green Party candidate Antanas Mockus appear to be neck and neck for the May 30 presidential vote, and Mockus would have an edge in a June run-off.

This week Malaysia became the 59th country to sign a free trade agreement with Chile. It is the first free trade agreement (FTA) for President Sebastian Piñera's government and it is Malaysia’s first FTA with a Latin American nation.

Chile fell from number 25 to number 28 on the World Competitiveness Yearbook that includes 58 countries. This is Chile’s worst position since 2000, when it ranked number 30. The highest position it has had is 18, in 2005.

Tourism operators from the extreme south of Chile in Punta Arenas are demanding that the regional representative of the national Tourism Office, Senatur, Christian Miranda resign and be immediately replaced.

Peru’s Ministry of Energy and Mines (MEM) said this week that the country would rank among the world’s top 5 gold producers before 2015 thanks to the production potential and increased investment in the sector.

The specialized publication Oil World raised its forecast for the world 2009/2010 soy beans crop in 47.6 million tons compared to the previous season, totalling 258.9 million tons. The upward estimate is boosted by the South American crop which will be 37 million tons larger than the 134 million tons of the 2008/09 harvest.