President Jose Mujica said on Sunday that his peer from Brazil Dilma Rousseff will make a strong declaration in support of Uruguay when the next G20 summit to counter French President Nicholas Sarkozy recent statements in Cannes describing one of Mercosur junior members as a “fiscal haven”
Anglo American is jeopardizing its future in Chile by trying to prevent state-owned copper giant Corporacion Nacional del Cobre, Codelco from acquiring a 49% stake in its AAS subsidiary, warned Codelco’s CEO.
State-owned oil company Petroecuador said it broke its daily production record on Tuesday 15 November, pumping 156.359 barrels of crude on that day. Production from Jan. 1 to Nov. 8 totalled 47,096,086 barrels of crude, Petroecuador said in a report.
The new ferry that links extreme south ports of Chile was officially presented in Puerto Williams and is already fully operational ahead of the summer season.
Argentina announced its full support to make the tip of the South American continent ‘a free movement of peoples’ area’ that would include Chile’s Magallanes region in the extreme south of the country and Tierra del Fuego, shared by the neighbouring countries.
The Inter-American Development Bank (IDB), the World Tourism Organization (UNWTO) and the government of Ceará, Brazil, will bring together international and national experts to debate the impact of tourism on development, social inclusion, and regional integration in the Americas.
The Managing Director of the IMF Christine Lagarde will be making her first official tour of Latin America when she visits Peru, Mexico and Brazil at the end of November and beginning of December according to spokesperson David Hawley.
Chilean Public Works minister Laurence Golborne announced this week a 500 million dollars plan to revamp Santiago’s air terminal to address the ever growing number of national and international passengers.
Colombian President Juan Manuel Santos warned the new FARC rebel chief ‘Timochenko’ to reconsider waging war or risk the same fate as his predecessor, who was shot dead by Special Forces this month.
The Latin American economy has entered a declining phase and will further slow down in coming months according to a report from the Brazilian think-tank Getulio Vargas Foundation, FGV.