Brazilian inflation remains strong in spite of the extremely tight monetary policy with the basic interest rate (Selic) standing at 19,75%.
New Zealand Governor General Dame Silvia Cartwright is currently on an official visit to Chile where she held talks with President Ricardo Lagos.
Brazil's Congress will for the first time investigate alleged corruption cases in the administration of President Luiz Inacio Lula da Silva following a congressional agreement between the opposition and some groups of the ruling coalition.
Tens of thousands of protesting Indians flooded central La Paz and blocked routes to the city on Tuesday to demand that Bolivia's natural gas riches be nationalized and its constitution rewritten.
One of the women vying to become the presidential candidate for Chile's ruling coalition has quit the race.
Venezuela's government has started test transmissions for a new Latin American television network, Telesur, intended as an ideological rival to CNN.
Chile's peso rose against the dollar as higher prices for copper, the country's top export, and faster growth than Latin America's largest economies boosts inflows.
While reaffirming the United Kingdom's government commitment to Falkland Islanders' right to self-determination, Governor Howard Pearce said there's little positive to say about the Islands relations during the last twelve months with the Argentine government.
We expect Lan Chile to be fully committed to Argentina and not consider the country as simply another market, cautioned Aerolineas Argentinas CEO Antonio Mata who drastically marked the competing rules for the incoming airline during an interview with the Buenos Aires press.
Argentina_The Federal Fisheries Council (CFP) will ask the Enforcement Authority to proceed with the closure of the squid (Illex argentinus) fishery south of parallel 42º 15' S as of next 28 May.