Mercosur

Friday, December 26th 2008 - 20:00 UTC
Jobs opportunities down, lay offs up in Chilean economy

Despite government pleas to the contrary, some of Chile's largest industries have already begun laying off workers en masse, evidence that the global financial crisis is beginning to take serious hold here.
Friday, December 26th 2008 - 20:00 UTC
Lan reduces air fuel surcharge and slashes fares

Chile's leading airline Lan and Sky Airlines have virtually eliminated the fuel surcharge in all domestic flights and slashed fares, in line with the falling prices of fuel, reports the Financial and Business section of Santiago's main daily El Mercurio.
Thursday, December 25th 2008 - 20:00 UTC
Falklands Governor: new Constitution, democracy milestone

Falkland Islands governor Alan Huckle in his Christmas message described the new constitution which becomes effective next January first as a democracy and accountability milestone for the Islands.
Wednesday, December 24th 2008 - 20:00 UTC
Giant Wal-Mart could end up as Chile's main retailer

The world's largest department stores chain Wal-Mart Stores, Inc. announced it will launch a tender offer to acquire all of the issued and outstanding shares and American Depositary Shares of Chile's Distribución y Servicio D&S S.A.
Wednesday, December 24th 2008 - 20:00 UTC
Drought in Argentina and Paraguay threatens soy crops

South America's 2008/09 soy harvest is forecasted to drop from previous estimates because of drought in Argentina and Paraguay according to reports in the Oil World magazine.
Wednesday, December 24th 2008 - 20:00 UTC
Forget Mercosur, sign trade accord with EU says Brazil industry

A leading number of Brazilian businessmen belonging to the country's powerful National Confederation of Industry, CNI, said it was time to sign a bilateral agreement with the European Union, --which would leave out Mercosur--, according to press reports in O Estado de Sao Paulo.
Tuesday, December 23rd 2008 - 20:00 UTC
Chilean tourism expanded 6% in 2008 with 2.65m foreigners

Tourism activity in Chile during 2008 has expanded 6% compared to the previous year according to Oscar Santelices, Chile's head of the Tourist Office, Sernatur.
Tuesday, December 23rd 2008 - 20:00 UTC
Aerolineas subsidiary in Chile files for bankruptcy protection

Air Comet Chile, a unit of Spanish group Marsans, said on Monday it had filed for bankruptcy protection, less than one week after the Argentine Senate voted to expropriate Aerolineas Argentinas, also owned by Marsans.
Monday, December 22nd 2008 - 20:00 UTC
Torres del Paine feeling global pinch and lack of promotion

Chile's renowned Torres del Paine national park in Patagonia is also suffering the consequences of the global slowdown according to visitors numbers released by the regional Forestry and Parks Department, Conaf.
Monday, December 22nd 2008 - 20:00 UTC
Paraguay denies arrival of Venezuelan illiteracy experts

Paraguay does not need teachers from other countries to fight illiteracy in the country said on Monday the country's Education and Culture minister Horacio Galeano Perrone, during an interview with a local station in Asunción, the capital.