Initial data for 2006 shows the world economy continues to experience strong growth, despite disappointing GDP growth in the final quarter of last year, according to the OPEC Monthly Oil Market Report.
The Organization of Petroleum Exporting Countries, Opec believes oil prices are too steep, after setting a fresh record high above 70 US dollars a barrel and the rise is not justified by market fundamentals, a senior Opec delegate said on Tuesday.
The International Monetary Fund permanent representative in Argentina, Andrew Wolfe abandoned last weekend Buenos Aires signaling the definitive closure of the local office following a request from the Argentine government.
Paper pulp mill workers in Uruguay returned Monday to work after a 10-day break over the Easter holiday.
Venezuelan President Hugo Chavez will be the key speaker Wednesday in Asuncion, Paraguay when introducing a plan to lay a large transcontinental gas pipeline to the benefit of Paraguay, Bolivia and Uruguay.
Chile is prepared to restore diplomatic relations with Bolivia and sign a free trade accord with Peru regardless of who wins that country's presidential election, the foreign minister said in comments published yesterday.
The Canadian government said Sunday that it has confirmed a case of mad-cow disease in a cow in British Columbia.
In his first Easter message as pontiff, Pope Benedict XVI urged countries yesterday to use diplomacy to defuse nuclear crises, apparently alluding to Iran.
Goldman Sachs CEO Henry Paulson has come under fire from irate shareholders who say he is using company assets to further his own personal environmental goals in Chile.
Santiago is under its first environmental alert of the year Monday in an effort to reduce air pollution and protect the health of the Chilean capital's nearly 6 million residents.