Headlines: New oil basin in Brazil; Chilean fisheries exports; FAM scare in Chile; Nothing to celebrate.
Brazilian President Luiz Inacio Lula da Silva, asked Brazilians for patience and criticised those who are in a hurry and the cry babies, because I'm not planning to be muddled or precipitated into the needed changes. Mr. Lula's remarks follow protests from the radical Landless Movement, a group hoping for mass land ownership reform in the country.
Chile is in the midst of another major financial scandal involving government officials, private agents and a possible loss of over a hundred and ten million US dollars.
With clear signs of farmers' optimism and promises of even more government assistance, the 51st Agriculture and Livestock Show organized by Magallanes Region cattle breeders was officially inaugurated last weekend by the Chilean Agriculture Secretary Jaime Campos.
Former dictator Gen. Augusto Pinochet underwent tests to determine whether doctors should replace the pacemaker he has had for seven years, an aide said. No decision was immediately announced on whether the 87-year-old former ruler will need a new device to control his heart beat.
Venezuelan oil production, which fell to 150,000 barrels per day at the height of a two-month opposition-led strike, will reach 2.7 million bpd by the end of March, state oil company chief Ali Rodriguez said yesterday.
Argentines will have to choose from among 15 politicians, four of them from the Peronist party, in the April 27th presidential election.
The Supreme Court today overturned a government decree that forcibly converted dollar-denominated bank accounts to the Argentine peso.
The Chilean cabinet reshuffle anticipated last week will officially take place this Monday when eight new Ministers and heads of Departments are instated in office.
With 56 days left for Argentina's crucial April 27 presidential elections, the three ruling Peronist party candidates are leading in opinion polls with Santa Cruz governor Nestor Kirchner at the top with 19,5%, followed by Adolfo Rodríguez Sáa, 17,3% and former president Carlos Menem 15,6%.