Peru, one of the International Monetary Fund, IMF, clients has announced it has no intention of renewing the stand by agreement that extends until February 2009.
South Korea and Bolivia have agreed to jointly develop a copper mine in the Andean highlands estimated to have at least 15 million tons of the natural resource, according to a government release from La Paz and Seoul.
With exports valued at 70 million US dollars a year, Chile is now the world's fourth largest producer of mussels. The country currently has 63 seed beds, 1,132 growing centres and 40 processing plants, 90 percent of which are in the south of the country.
Colombian rebels announced Tuesday they will release three hostages, including Clara Rojas, kidnapped in 2002 alongside French-Colombian politician Ingrid Betancourt, and her son born in captivity, a Cuban news agency said.
France is willing to admit imprisoned Colombian guerrillas as part of a deal to secure the release of hostages held in the South American country, the French prime minister said Wednesday.
Chile is the second most expensive country in Latin America, according to a preliminary report released Monday by the World Bank's International Comparison Program (ICP). Of the 11 Latin American countries included in the study, only Mexico was found to be more expensive than Chile.
Standard & Poor's this week raised its credit rating on Chile by one notch to 'A+', classifying the country as the most credit-worthy emerging market and placing it on a par with Italy.
An influential The Washington Post columnist criticized José Miguel Insulza last Friday, questioning the increasingly clear presidential ambitions of the Chilean secretary general of the Organization of America States (OAS).
With a letter - the contents of which were broadcast on Cuban TV - Fidel Castro, 81, implied that he would be stepping down as leader and would not put obstacles in the path of a younger leader.
The presidents of Bolivia, Brazil and Chile met here Sunday to clinch a deal for South America's first east-west highway, linking Brazil's Atlantic coast to Chile's Pacific coast via Bolivia.