The five foreign hydrocarbons corporations operating in Ecuador said they are willing to overhaul their contracts with the government. President Rafael Correa who is seeking to increase control over the country's key sector said he wants oil firms to strike an agreement in 45 days.
Visitors to Chile's world famous Torres del Paine national park in Patagonia reached a new record in 2007 and in the current summer season an average of over a thousand tourists cross the park's checkpoints daily.
Unemployment in Chile's capital Santiago reached 8.9% in December 2007, according to a report compiled by the Department of Economy at the University of Chile.
This week sixteen British adventurers who have chosen bicycles for sport and pleasure will be arriving in the extreme south of Chile for a sixteen days tour of the Magallanes region including Puerto Natales and Torres del Paine national park, reports Punta Arenas La Prensa Austral.
Political turmoil in the Chilean ruling coalition which has left President Michelle Bachelet without a majority in the Senate has meant that for the first time Magallanes region, in the extreme south of the country, will have a deputy speaker in the upper house beginning March 2009.
Vancouver is the world's best place to live, a survey by the Economist Intelligence Unit (EIU) has found. In Latinamerica although no city manages “ideal living conditions”, Montevideo in Uruguay, Santiago in Chile and Buenos Aires in Argentina offer the region's best conditions.
According to recently released industry data, Chile maintained its status as the world's second largest famed salmon-producer in 2007, although salmon production decreased by about three percent from 2006.
The United Nations Economic Committee for Latinamerica and the Caribbean, Cepal and the Andean Promotion Corporation, CAF downgraded their prospects for the region's growth this year fearing the impact of a recession in United States.
Chile's foreign direct investment in 2007 reached its highest level in the past 10 years, according to the Santiago Chamber of Commerce (CCS). Of 4.689 billion US dollars in Chilean capital invested outside Chile, 26%, or 1.236 billion dollars, ended up in Peru.
Colombian president Alvaro Uribe has an 80% support, the highest since taking office back in 2002, according to the latest public opinion polls released this week. The previous poll in November showed Uribe with a 74% support and 14% negative response.