Figures recently released by Chile's National Chamber of Commerce and Tourism (CNC) show tourism investment in 2006 to be the highest in five years. Investment last year reached 2.1 billion US dollars, up 4.7% over 2005.
President George W. Bush arrived in the Mexico's Yucatán capital of Mérida late Monday on the last leg of his five-nation Latin American tour. He is set to meet President Felipe Calderón Tuesday to talk trade, migration and security, all highly controversial issues for the neighboring countries.
February has been a quiet month for South Georgia island with visits from only eight cruise ships, the Fisheries Patrol FPV 'Pharos SG' and yacht 'Adele' reports GSGSSI.
Argentina and Bolivia signed an agreement for the construction of the Northeast Argentina Gas Pipeline, a project that will require an investment of 1.1 billion US dollars
Stock markets in Europe and much of Asia extended a rally overnight after a week of losses in global equities but Wall Street faltered as investors pulled back. European markets steamed ahead following on Asia's rebound although Tokyo and Hong Kong turned lower.
Uruguay's summer season (December/March) attracted 650.000 foreign tourists of which 412.000 Argentines and 115.000 Brazilians according to an official release Thursday from the Ministry of Tourism. Overall the season was described as good but less promising than 2005/06.
With the summer season almost over Argentina had a record year in the number of tourists and money spent according to the Tourism Secretary in Buenos Aires.
Four European cities are the most expensive in the world claims a survey from the Economist Intelligence Unit's worldwide cost of living survey. Latinamerica on the other hand has the cheapest average cost of living.
Over 640,000 foreign tourists visited Chile this summer contributing more than 345 million US dollars to the economy, reported Chile's state tourism office ÃÂ¢€” SERNATUR- last week.
British Airways and Virgin Atlantic have criticised a new open skies deal between the European Union and US that aims to open up their airline markets.