For the second year in a row, Chile leads in information and communication technology development in Latin America, according to the most recent report from the World Economic Forum.
Cuban president Raul Castro has held talks with members of Congress in his first face-to-face meeting with US politicians since he became president last year. State television showed Mr Castro talking to members of the delegation, which is in Havana to explore ways of improving US-Cuban relations.
Argentina, Paraguay, Bolivia and Ecuador signed Monday in Asuncion an agreement for cooperation in security matters which not only involves “associating” for the procurement of equipment, but defence of sovereignty and territorial integrity and preannouncement of military exercises.
The prize of farmland in Paraguay has fallen significantly because of insecurity and the slide in international prices for oil seeds, mainly soybeans, according to a report from the head of the Agronomy Department at the University of Asunción, Ricardo Garay.
Chilean-based LAN Airlines recently announced it will reduce the consumption of combustible fuel by 16.6 million gallons each year with the installation of “winglets” on all 37 of its Boeing 767-300 aircrafts as part of the airline’s endeavor to improve flight efficiency.
The G-20 summit decision to inject 1.1 trillion US dollars to the global economy to prop trade and overcome the financial collapse can be beneficial for Latinamerica but measures have to be implemented and proven efficient, according to experts from the region.
Mexico asked the International Monetary Fund for a 47 billion US dollars credit line which is to be added to the 30 billion swap line with the Federal Reserve to help shore up the economy and end market volatility.
Latin American financial markets recorded their best monthly performance during March in more than 15 years, as signs of stabilization in the global financial system encouraged investors to take on risk.
Latinamerican countries must standardize security norms in airports but without this meaning an obstacle for staff and passengers, said IATA (International Air Transport Association) regional vice-president Patricio Sepulveda during the Latinamerican Civil Aviation Conference, CLAC, and currently held in Chile.
The Japanese government is planning to combat unemployment by sending back to their countries of origin 400.000 South American immigrants of Japanese stock. The idea is to pay them a small subsidy and a one way ticket to South America, an initiative that has generated some controversy in the Japanese press.