Stories for August 27th 2010
Chile Looks to Relax Casino Laws to Cater Cruise Ship Tourism
The Ministry of the Economy is planning to send a bill to Chile’s Congress that would allow cruise ships to operate their casinos while in Chilean waters. This would repeal a section of the 2005 Casinos Act that requires all cruise ships to shut down their casinos when they pass within 13.8 miles of Chile's shoreline.
Timerman flies to Montevideo and will announce scientists for joint-river monitoring
Argentine Foreign Affairs Minister Héctor Timerman informed via Twitter that he will fly to Montevideo next Monday to meet his Uruguayan counterpart, Luis Almagro in the framework of the recent agreement regarding the dispute over the UPM/Botnia pulp-mill.
Malvinas: Argentina working for more than “a gesture of support” from Unasur
Argentina is working with Unasur (Union of South American Nations) so that in the future the South American forum offers more than “a gesture of support” to Argentina’s claim over the Falkland/Malvinas Islands and helps bring the United Kingdom to the sovereignty negotiations table, said Argentine ambassador before United Nations, Jorge Argüello.
Mexico to impose strict limits on cash transactions to fight organized crime
Following the discovery of 72 bodies in northern Mexico, allegedly illegal immigrants heading for United States killed by one of the country’s main drug-cartels, Mexican President Felipe Calderon proposed Thursday a new package of measures against money laundering to help fight organized crime.
Cuba promotes luxury golf courses by giving state-land for 99 years
The cash-strapped Cuban government will allow foreign investors to use state-owned land for up to 99 years in a change that is likely to bring developments of luxury golf courses to the communist island.
Argentina’s hotel building boom: “symbol of climb back from global downturn”
Argentina’s hotel building boom can be held up as a symbol of South America’s climb back from the global downturn. The country has 15 projects in the development pipeline representing 1,700 rooms, according to STR Global. Of those 1,700 rooms, 68.9% or 1,172 are currently in the in-construction phase of development.
Peru combats the inflow of capital raising banks’ reserve requirements
Peru’s central bank will raise the reserve requirement for foreign banks depositing local currency in the domestic banking system after the Sol rose to a two- year high.
European Southern Observatory In Chile Discovers New Solar System
Some 127 light years away in the constellation of Hydrus, a new solar system has been discovered by a team of astronomers at the European Southern Observatory (ESO) on Cerro La Silla in Chile’s Coquimbo Region (IV).
Dilma Rousseff forecasted to take “bold actions” including budget cuts
As public opinion polls confirm the growing commanding gap between Brazil’s ruling coalition presidential candidate Dilma Rousseff and her main contender Jose Serra, analysts have begun to ponder on her policies.
Air France To Increase Flights Between France and Chile
Air France announced that beginning September 6, it will add more flights between Paris and Santiago. The airline currently offers five flights per week, but by September plans to increase that number to seven.
