In comparison to other countries in Latin America, Chile boasts relatively stable political institutions, particularly free and fair elections, and a substantial middle class. As a result, this South American country is widely recognized as a model for democratic development and respect for constitutional procedures throughout the region.
The Union of South American Nations, Unasur will not recognize Sunday’s presidential election in Honduras organized by the de facto regime, announced in Brussels Ecuadorian president Rafael Correa who called on the European Union to adopt a similar attitude.
Costa Rica president Oscar Arias, who mediated in the Honduran political crisis, announced his country would recognize the winner of next Sunday’s election and called on other countries to follow in statements to CNN.
Irish energy firm Mainstream Renewable Power hopes to invest 1.6 billion US dollars in coming years to extend its Chilean wind farm operations. The firm is currently exploring the feasibility of building nine new wind farms across the country, local executive Jose Ignacio Escobar revealed this week.
A dozen tall ships from the Americas and Europe will be participating next year in a regatta that will tour ten Latinamerican countries in the framework of the bicentennial celebrations, which marked the beginning of the end of Spanish colonial rule in the region.
Summer is coming to Chile in less than a month and climatologists predict thermometers will be rising more than usual due to El Niño, the warm ocean current that wreaks havoc on the climates of countries along the Pacific Ocean.
Ecuador and China signed this week three cooperation agreements worth 442 million US dollars including a loan to buy four warplanes, announced the Ecuadorian government. The two countries are also planning joint operations in developing oil fields in the Amazon zone.
Honduras Supreme Court apparently has supported the ousting of deposed President Manuel Zelaya according to judicial sources which makes his reinstatement highly improbable.
Pope Benedict XVI will receive Saturday in the Vatican the presidents from Argentina and Chile to commemorate the 25th anniversary of the peace treaty which avoided a full fledged war between the neighbouring countries over the Beagle channel and three mostly uninhabited islands in the extreme south of Tierra del Fuego.
A record 5.13 million Bolivians are registered to vote in the coming elections of December 6th when President Evo Morales will attempt his re-election. However the electoral battle in concentrated in having control over the Legislative.