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Chile's stock market climbed 1.93% on Thursday but finished the turbulent October 9.57% down. As with most global markets Chile's bounced back following on a better performance in Wall Street and the Sao Paulo Bovespa index.

Elected Councillor Mike Summers is representing the Falkland Islands at the tenth two day meeting of the Overseas Territories Consultative Council (OTCC) which opened Monday in London, presided by Foreign Office Minister Gillian Merron.

The Mercosur Council meets Monday in Brasilia to address an agenda of controversial issues: the global financial crisis; commercial asymmetries among country members and Uruguay's veto to former President Nestor Kirchner's for the chair of Unasur.

Rockhopper Exploration plc the AIM traded (RKH) oil and gas explorer with licences in the North Falkland Basin, notes the report in the Financial Times today entitled Smaller producers get ready for consolidation.

Unite States Democrat presidential candidate Barack Obama has vowed to halt eviction of homeowners defaulting on mortgages, two weeks before the election. He was speaking in Florida, ahead of a joint appearance with his former rival for the nomination, Hillary Clinton.

The Mercosur Council, CNC, the highest political body of the South American customs union will be holding an extraordinary meeting next Monday in Brasilia to consider the current global financial crisis, it was announced in Montevideo.
A long established traditional farm in Chilean Tierra del Fuego in the Timaukel area, has been sold closed gate to a group of Chilean investors for which they paid the equivalent of almost 20 million US dollars.

Chile's government confirmed this week that Infectious Salmon Disease (ISA) virus is present in the Magallanes Region (Region XII), more precisely at a salmon farm from Nova Austral in the Puerto Natales area, north of Punta Arenas.
Chile is in summer time with clocks having advanced sixty minutes during the weekend. This means that Chile's Dalylight Summer time is three hours behind Greenwish mean time.