Venezuela's Hugo Chavez said he felt disappointed that his jumbo gas pipeline proposal to supply the South American continent had been frozen by several of the potential beneficiaries of the multi billion project.
Chile's country risk assessment shot this week to its highest level since August 2003 but is still the lowest in Latinamerica. International volatility with investors selling stocks and higher risk bonds and moving into more stable US bonds is seen as the cause behind the events of last week.
The world's leading and largest producer of methanol, Methanex Corporation said Monday that it had joined Wintersall from Germanay and GeoPark Holdings to bid for natural gas concessions in the extreme south of Chile.
Venezuela and Byelorussia will be signing military contracts for over a billion US dollars before the end of July announced the chair of the Byelorussian Security Council who also heads the bilateral economic cooperation committee.
Political uncertainty and crime are scaring thousands of Venezuelans from their country who are looking for better opportunities overseas according to Mequieroir.com, (iwanttoleave.com) web site which advises people who want to leave the country.
Peru celebrated Sunday Pisco Day promising to improve the quality of the grape distilled alcohol, but above all defend its domestic origin form neighboring Chile, which also claims such a title. The dispute has reached the World Organization of Intellectual Property.
Venezuelan President Hugo Chavez has said he believes unlimited terms in office should only be granted to the president - not to the governors and mayors of Venezuela. If so Chavez could remain in office for 22 years until 2021.
Chile's Central valley fruit and vegetable growers were not prepared for this winter's freezing weather in more ways than one. Agriculture authorities reported that only 8% of the crops destroyed by icy weather were insured against the cold.
Global warming is drying up mountain lakes and wetlands in the Andes and threatening water supplies to major South American cities such as La Paz, Bogotá and Quito, World Bank research shows.
Bolivia signed a 2.1 billion US dollars mining deal with Indian company Jindal Power & Steel Ltd. after more than a year of negotiations for the exploitation of vast iron deposits near the Brazilian border.