Venezuelan President Hugo Chavez hiked an oil windfall tax in a move that raises government income ahead of the 2012 presidential election, but puts a heavy load on oil companies.
Mexico's antitrust commission confirmed Sunday that it has fined the country's biggest mobile phone operator over 1 billion US dollars on grounds that it used its market weight and interconnection fees to displace competitors.
Security forces have reportedly shot dead at least three people and injured others in north-west Syria, days after the worst bloodshed since unrest began. Police and soldiers opened fire from rooftops in the coastal town of Jabla, though no protest was being held at the time, witnesses said.
Venezuela formally exited the Andean Community of Nations, CAN, Friday when it stopped belonging to the free trade zone which for 38 years eliminated a full range of tariffs among its members (Peru, Ecuador, Bolivia and Colombia), announced the Venezuelan Foreign Affairs ministry.
Argentine and British lawmakers held a bilateral meeting in the framework of the Inter Parliamentary Union 124th meeting which took place in Panama, according to Argentine sources.
The Chilean Army is currently clearing four fields planted with anti-personnel mines in Tierra del Fuego and will move to another four once the job is finalized, reported the Commander Gonzalo Echeverria, from the 5th Engineers Battalion seated in Punta Arenas.
South American countries, particularly Mercosur members remain as top priority of Brazil’s foreign policy confirmed this week President Dilma Rousseff.
Leading figures in Chile’s government were caught up in conflict of interest charges this week, with opposition Dep. Enrique Accorsi accusing President Sebastián Piñera and several of his cabinet ministers of “serious conflicts of interest” when they gave a green light to the Mina Invierno coal mine on Isla Riesco.
Argentina reached an agreement with the French conglomerate Peugeot-Citroen and the importers of Italy’s Alfa Romeo, to balance imports-exports value, following on Argentina’s latest regulations for the country’s auto industry.
Cuba's Communist Party selected President Raúl Castro and hard-liners from the old guard to steer wide-ranging reforms of the island's crumbling economy. As expected, Raúl Castro, 79, was chosen at a four-day party congress to replace his older brother Fidel Castro as first secretary of the ruling party's Central Committee.