A study by MasterCard published this week ranked Santiago de Chile as the best place in Latin America for doing business.
A recent study conducted by Vanderbilt University's Latin American Public Opinion Project (LAPOP) found that Chileans have a mixed take on their government: the government has been successful at protecting human rights and promoting democracy, but has not been as effective in dealing with crime and unemployment.
The latest poll on Socioeconomic characterization of the Chilean population shows that since 1990 the number of Chileans living in poverty conditions has dropped to almost half, but still over two million continue to be poor including half a million indigent.
A new multi purpose vessell, specially built for the rough waters of the extreme south of Chile is to be incorporated this spring to the tourist industry in Porvenir, Tierra del Fuego.
Peruvian president Alan García said that new promising copper mining projects could in a near future put Peru next to Chile as the world's leading exporters of the metal. Currently Chile is number one with an annual production of 5.37 million tons and Peru figures third with just over a million tons.
A Chilean judge placed former Peruvian president Alberto Fujimori under house arrest Friday ahead of a Supreme Court ruling on his extradition to Peru, the court said.
Chile invited on Friday local and foreign companies to invest in the exploration and production of oil and natural gas at 10 promising blocks in the Magallanes region, on the southern tip of South America.
Venezuela will abandon the International Monetary Fund and the World Bank at the right moment said President Hugo Chavez on Wednesday.
The Chamber of Deputies of Chile this week approved an initiative that designates both Easter Island (Rapa Nui) and the Juan Fernández archipelago as special territories.
Representatives from five Andean nations have signed a declaration in Bolivia opposing Fifa's ban on high-altitude international football.