Canada's Methanex Corportion blamed its poor performance during the third quarter to the serious natural gas restrictions from Argentina which means its main methanol plant in Punta Arenas is working at 25% of its potential.
Venezuelan President Hugo Chavez said U.S. foreign policy is in part responsible for soaring oil prices and predicted that crude will continue its upward spiral rapidly closing in on the 100 US dollars per barrel benchmark.
Chilean appellate court has dropped corruption charges against the widow and children of the late former dictator Augusto Pinochet. The general's family was alleged to have assisted him hide more than 30 million US dollars in offshore accounts during his 1973 to 1990 rule.
The official opening of the Bank of the South, a development-promotion financial institution with the support of most South American countries has been delayed until December 5, announced Venezuela's Foreign Affairs minister Nicolas Maduro.
Chile's president Michelle Bachelet announced this week that the country's armed forces plan to expand to 5,000 professional solders by 2010, and, ultimately, depend fully on professional and voluntary troops. This new initiative will include all three branches of the military: the army, the navy and the air force.
Petroleos Mexicanos, Pemex, state-owned oil monopoly, said at least 10 workers were killed when an oil rig hit a drilling platform during a storm this week in the Gulf of Mexico, and 18 are still missing or in lifeboats.
Twenty leaders of Ibero-America will be participating in the coming XVII Ibero-American summit scheduled for next November 8/10 in Santiago announced Chilean Foreign Secretary Alejandro Foxley on Tuesday.
Three Chilean expeditions with strong political emphasis are ready to land in Antarctica before the end of the year with the purpose of asserting Chilean sovereignty following on the Foreign Office's off-Antarctica territory claim.
Sergio Gonzalez, one of four Chileans working with the United Nations Intergovernmental Panel on Climate Change (IPCC), warned this week that the economic future of Chile's mining industry cannot be sustained unless the nation deals seriously with its growing water shortage.
The abundance of cuttlefish along the Chilean coast and the constant threat to hake and other commercial marine species are some of the possible consequences of global climate change mentioned in a recent scientific gathering held Santiago.