Chile called for a quick response from the international community in face of the global financial crisis and emphasized that country members from the G-8 should increase contributions to the Inter American Development Bank (BID) and to the Andean Promotion Corporation (CAF) thus helping with more liquidity for the region.
Peru and Spain signed this week a strategic association agreement during a ceremony headed by King Juan Carlos and Peruvian president Alan Garcia at Government Palace in Lima, the highlight of the royal couple's visit to Peru.
Karl Marx was never so right as now about the current crisis of the capitalist system said Nobel Prize in Literature Jose Saramago during the presentation in Lisbon of the film Blindness, partly filmed in Montevideo, with a script based on his novel.
Chilean presidential hopeful and currently Secretary General of the Organization of American States, (OAS) Jose Miguel Insulza admitted that the Chilean ruling coalition could loose next year's election. But he also proposed closer ties with the Communist party to impede further vote erosion.
Brazilian military exercises along the border with Paraguay are escalating tensions between the South American neighbours. Operation Southern Border II mobilized 3,500 soldiers from the Brazilian armed forces along the border, as part of a larger force of some 10,000 soldiers also deployed along the borders with Uruguay and Argentina.
The Mercosur Council meets Monday in Brasilia to address an agenda of controversial issues: the global financial crisis; commercial asymmetries among country members and Uruguay's veto to former President Nestor Kirchner's for the chair of Unasur.
Chile's conservative opposition collected a string of surprise wins in municipal elections across the country Sunday, delivering a blow to the ruling coalition of President Michele Bachelet as her party heads into next year's presidential race.
The Falkland Islands Legislative Council announced arrangements for Remembrance Day on Sunday 9th November 2008.
Britain's leading Financial Times newspaper threw its weight behind US presidential candidate Barack Obama, saying the campaign had shown that the Democrat was the right choice to lead the US.
A day alter Sunday's municipal election Brazilian president Lula da Silva called for national union and promised to work with the winning mayors and councillors no matter what party they belong to.