World

Navy confirms presence of one submarine while local media reports claim two may have been detected, including a nuclear-powered US vessel.

In a statement released Thursday, the Chilean Navy confirmed that a squadron performing exercises detected a foreign submarine off the coast of Antofagasta on May 14. The Navy said that the submarine came close to entering the Andean nation’s territorial waters, and was tracked by the squadron until it left the area.

Leaders from Chile, Colombia, Peru and Mexico gathered Wednesday for a Pacific Alliance trade summit.

Representatives from the four Pacific Alliance nations — Chile, Colombia, Peru and Mexico — met in Santiago de Cali, Colombia, Thursday to discuss initiatives to strengthen ties within the trading bloc.Commerce, technology, social development and the future participation of other countries were all on the agenda in the seventh meeting of the alliance.

Piñera addresses Chile’s regional integration and confrontation with its neighbors in the international arena in his May 21 address.

As President Sebastián Piñera stood before his countrymen giving his May 21 address, it came as no surprise that Chile’s growing place among the world’s developed economies and the Andean nation’s ongoing dispute with its neighbor Bolivia, were among the major talking points.

Ecuador becomes the only South American country to reject the race, raising questions about its environmental and archaeological impact.

Ecuador rejected Amaury Sport Organization’s (ASO) offer to co-host the 2014 Dakar Rally on Wednesday, claiming the country would not benefit from the race.

Negotiations break down between Chilean airline and Argentine company Intercargo.

More than 100 LAN flights have been disrupted this week as a result of an ongoing dispute between the airline and Intercargo, the company owned by the Argentine state that operates various maintenance services in the country’s airports.

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