The most trusted secretary of Chile's Central Bank president and her lover a Santiago stock exchange broker, were sentenced to jail on several accounts of bribery, fraud and violation of electronic data secrecy.
Argentina and Uruguay Ministers of Tourism Daniel Scioli and Pedro Bordaberry signed a Memorandum of understanding by which they commit both countries to a joint promotion of the area and its attractions without loosing national identity.
United States said it was deeply concerned with the violent incidents of last week in Bolivia involving police forces and the Army that have left at least twenty seven dead and much damage to property as a result of civilian vandalism.
Former Peruvian Economy Minister Jorge Francisco Baca Campodonico, who stands accused of being a part of the corruption network run by former presidential advisor Vladimiro Montesinos, was arrested Thursday by Interpol in Buenos Aires.
Shares of Brazil's Embraer, the world's fourth-largest commercial jet manufacturer, fell on Thursday after it cut its aircraft delivery targets for this year and next.
The Brazilian government announced draconian cuts in this year's budget on Monday but sought to highlight efforts to resolve social and economic problems with a series of emergency measures.
U.S. President George W. Bush on Thursday spoke out against the latest outbreak of violence in Bolivia and expressed his support for President Gonzalo Sanchez de Lozada.
After a lengthy congressional session, Paraguayan legislators on Tuesday voted against impeaching President Luis Gonzalez Macchi, who stands accused of administrative malfeasance and corruption.
The death toll from Wednesday's clashes between troops and striking police outside Bolivia's presidential palace has risen to 13, according to hospital personnel, who said that another 79 people were wounded.
The Brazilian government announced draconian cuts in this year's budget on Monday but sought to highlight efforts to resolve social and economic problems with a series of emergency measures.