Both Heads of State highlighted the effective collaboration in the fields of astronomy and astro-engineering which will allow the operation of the LSST and ALMA telescopes in the northern Chile, involving an investment of 1.5 billion dollars, with a close collaboration between public and private academic and research institutions in both countries.

WHITEHOUSE: President Obama on the United States and Latin America

Global costs: GM has been trying for years to knit together its vast, disjointed engineering operations into an efficient global operation so that it can become more efficient.

FORBES: Leadership, Not Another Bailout, Will Fix GM (And No, It Is Not Going Bankrupt)

But, ironically, the Japanese automaker would never consider outsourcing a quality-sensitive operation like a body shop or paint shop, says Jeffrey Liker, a University of Michigan engineering professor and author of The Toyota Way.

FORBES: Saving Chrysler