Latin America

Friday, May 11th 2007 - 21:00 UTC
DAP incorporates new helicopter for oil rig activities

Punta Arenas Aerovias DAP incorporated a refurbished helicopter to its charter fleet of aircrafts and choppers which operate in the extreme south of Chile and once flew regularly to the Falkland Islands.
Friday, May 11th 2007 - 21:00 UTC
Peru optimistic about ratification of FTA with the US

Peru's Ministry of Foreign Trade and Tourism Mercedes Araoz announced that preliminary amendments to the United States-Peru Free Trade Agreement will be ready sometime next week enabling its ratification by the US Congress.
Wednesday, May 9th 2007 - 21:00 UTC
Chile: ASEXMA urges government to act on low dollar

After the U.S. dollar hit a new low last Friday, Patricia Pérez, president of the Export Manufacturing Association (Asexma), warned of the serious threat posed to Chile's exporters and manufacturers.
Wednesday, May 9th 2007 - 21:00 UTC
Petrobras/Bolivia refineries dispute escalates

President Evo Morales said Bolivia would respond in the coming hours to a proposal from Brazil's state-run oil company, Petrobras, regarding compensation for its two refineries in Bolivia recently nationalized.
Wednesday, May 9th 2007 - 21:00 UTC
Brazil's TAM and Chile's LAN implement business alliance

Brazil's TAM Linhas Aéreas and Lan Chile, both airlines with a clear dominating position in their domestic markets have agreed to formalize a business alliance. The agreement to be implemented in the next three months aims to develop partnerships in routes operated in South America, broadening passengers' options to fly to several destinations.
Wednesday, May 9th 2007 - 21:00 UTC
WTO asks Chile do drop tariff barriers on Argentine wheat and flour

The World Trade Organization has ruled that Chile should not apply tariff barriers to the price of Argentine wheat and flour. The ruling was a response Chile's final appeal to the WTO in the lengthy trade dispute with Argentina that began in 2000.
Monday, May 7th 2007 - 21:00 UTC
Australian pop diva Kylie Minogue surprise visit to Chile

When Australian pop diva Kylie Minogue arrived at Santiago de Chile's international airport last Wednesday, she was met by film producer Alexander Dahm, who lives in Mexico with his wife and son.
Monday, May 7th 2007 - 21:00 UTC
New record for copper but US dollar in Chile keeps falling

Copper prices rose to a ten-month record high Friday of US$ 3.73 per pound at the London Metal Exchange. This helped push the value of the U.S. dollar in Chilean money markets to new lows and led speculation about the effects this might have in the country's economy.
Sunday, May 6th 2007 - 21:00 UTC
Venezuelan banks face more regulation

Nationalisation of Venezuela's banks could seriously destabilise Venezuela's economy but it is unlikely that President Hugo Chávez would carry out his threat soon, if at all, analysts said on Friday.
Sunday, May 6th 2007 - 21:00 UTC
Multinational Unitas naval exercise in the South Atlantic

Until next Friday naval units from Argentina, Brazil, Chile, Spain and United States will be participating in the Multinational Exercise Unitas XLVIII in the South Atlantic.