COCHILCO, Chile’s copper commission, estimates that by the end of this decade, India’s demand for copper will rise from the current figure of 610,000 tons to between 2.4 million and 3.6 million tons annually.
Cruise ship “Carnival Splendour” carrying 4,500 passengers and crew members is being slowly towed towards San Diego, California after an engine room fire disabled its ability to move on its own.
The Cuban government is proposing the orderly elimination of the rations’ card according to a document prepared for the ruling party Communist Congress scheduled for April 2011.
The main securities exchanges in Chile, Colombia and Peru plan to begin trialling cross-border stock trading in an arrangement that may lead to the creation of Latin America’s second-largest bourse by market value.
The Falkland Islands dispute must not get in the way of Britain boosting its relations with Latin America, Foreign Secretary William Hague said Tuesday. London has neglected its ties with the region for too long and Britain must re-launch its relations with Latin America as its importance on the global stage grows, Hague said.
In spite of Uruguay’s good macroeconomic performance there are weak points and a productivity shock, fiscal austerity plus regional coordination to address external surprises should be considered, said Enrique Iglesias, economist, former banker and currently Ibero-America Secretary General.
The crew of a Mexico-bound cruise ship “Carnival Splendor” battled an engine room fire for three hours which left the vessel adrift, officials said. On Tuesday the vessel was waiting to be towed to the Mexican port of Ensenada.
Uruguay ranks third, behind Argentina and Chile, as the Latin American countries with the highest Human Development Index (HDI), according to the United Nations Development Program (UNDP) 2010 Report, which shows that, despite the significant progress many countries have made, the region continues to register the greatest inequality rates in the world.
A recent study shows Chileans’ low sensitivity to one of the nation’s biggest problems—poverty. Despite that 58.8% of Chileans say they believe poverty to be one of the country’s biggest problems only 15.3% say they feel responsible for the low quality of life of those who have limited resources.
Latin American media leaders warned Sunday that press freedoms in the region are under threat from narco-violence in Mexico and political repression in Venezuela, Bolivia and Ecuador.