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.
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.
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.
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.
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.
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.
The governments of Argentina and Chile are celebrating on Monday almost simultaneously religious services in the Basilica of Lujan and in the Maipu national sanctuary, respectively, to honour the memory of Pope John Paul II and his peace efforts which thirty years ago prevented a full fledged war between the neighbouring countries.
Magallanes Region Public Health Department has set out a warning that red tide has been detected in several points of the area following lab tests of different molluscs and sea food.
Magallanes in the extreme south of Chile is famous for its sea food which is supplied to the rest of the country.

French President Nicolas Sarkozy is expected to sign an arms deal during his visit to Brazil that could help this country build Latin America's first nuclear-propelled submarine, according to the government's official news agency Agencia Brazil.

Argentina's Falklands/Malvinas sovereignty claim support inventory added two more statements this last week during the meeting of Latinamerican and Caribbean leaders in the northeast of Brazil.