A Peruvian initiative to thank countries and international agencies for aid it received in last week's devastating earthquake has turned sour.
Laid-off Brazilian factory workers have their jobs back. Nicaraguan farmers are getting low-interest loans. Bolivian mayors can afford new health clinics.
The 33 countries from the Forum of East Asia-Latin America Cooperation (FEALAC), which was held in Brasilia ratified multilateralism and a more fair international economic order and welcomed the Dominican Republic as a new member of this international organization.
Energy experts and government officials expect household electricity bills will rise twenty percent between now and November. If this estimate turns out to be true, it will represent the most dramatic increase in electricity bills since 2000.
Anglo-Australian mining group Rio Tinto announced Monday that its bid to buy Canada's Alcan for 38.1 billion US dollars has been approved by US antitrust authorities.
A leading Brazilian meat industry group Marfrig acquired an abattoir in Tierra del Fuego belonging to a group of cattle farmers from Magallanes Region, reports La Prensa Austral from Punta Arenas. The operation involved 8.5 million US dollars.
Punta Arenas figures as the second most expensive city in Chile behind the capital Santiago, according to the latest report from the Business School of the Universidad del Desarrollo released this week.
United Nations is bolstering its assistance through the release of almost 10 million US dollars from an emergency fund and an appeal for nearly 40 million to be launched next week to victims of the major earthquake which rocked Peru on 15 August, one of the world body's top humanitarian officials revealed Friday.
Dampening speculation of a growing rift between the two neighboring countries, Peruvian President Alan Garcia this week traveled to a shared Chilean-Peruvian border area to promote further economic integration between Peru and Chile.
Bolivia's President Evo Morales arrived in Pisco today to distribute 19 tons of medicines, blankets and drinking water, the second visit by a Latin American leader to the disaster area. Colombia's Alvaro Uribe traveled to the area last weekend.