José Pablo Arellano, CEO of Chile's state-owned CODELCO copper company, this week questioned the utility of a Pinochet-era law that gives 10% of CODELCO sales to the Chilean military.
Ecuador will not resume diplomatic ties with Colombia after the latter decided to postpone renewal of relations, Ecuadorian Foreign Minister Maria Isabel Salvador announced this week in Quito.
President Hugo Chavez said that Venezuela will continue to strengthen its military power following the announcement that vice president Ramon Carrizalez and Defence minister General Gustavo Rangel Briceño would be traveling to Russia to intensify military cooperation.
Six months into office Argentina's president Cristina Fernandez de Kirchner honeymoon with the electorate is over and under. Her standing is also at the bottom rock of a list of Latinamerican and US leaders according to the latest public opinion poll from the renowned Mexican consulting firm Mitofsky.
Venezuela will replace Chile as the country with the region's highest GDP per capita and Argentina as the region's third-largest economy, according to a Latin Business Chronicle analysis of data from the International Monetary Fund (IMF).
Punta Arenas in the extreme south of Chile is suffering a critical shortage of staples mainly sugar, rice and flour as a direct consequence of the Argentine farmers conflict that has been dragging for over 100 days.
Venezuelan President Hugo Chavez's nationalization of three foreign-owned cement businesses took effect on Thursday with the publication of the resolution in the Official Gazette according to the government run Bolivarian News Agency.
The European Union agreed to lift limited sanctions against Cuba, a hotly contested move designed to encourage the country's new government under Raúl Castro to liberalize
Roughly 60% of the Chilean population is in debt, according to a study published this week by the country's Central Bank. And perhaps surprisingly, middle class Chileans account for about 67% of the debt.
Chile announced on Tuesday that the northern port of Iquique will be of free transit for Bolivia and suggested advances on the bilateral negotiation agenda for ending Bolivia's landlocked condition which dates back to 1879/1883 when the so called Pacific or Saltpeter war (*).