Venezuela will become a full member of Mercosur next December, following an agreement with the current four members, Argentina, Brazil, Paraguay and Uruguay, announced in Spain Uruguay's Foreign Affairs minister Reinaldo Gargano.
DESIRE Petroleum plc continues to progress towards exploratory drilling in the Falklands.
High oil prices are causing a contraction in world demand according to the Organization of Petroleum Exporting Countries, (OPEC), latest monthly report issued Monday in Vienna forecasting a 2005 demand increase of 1,4% instead of 1,7% as originally estimated.
New outbreaks of foot and mouth disease in the Brazilian state of Matto Grosso do Sul have been reported and 280 head of cattle have been sacrificed in a farm close to where the first cases were confirmed last week.
The 15th Ibero-American Summit concluded Saturday with the Declaration of Salamanca that in six pages outlines the great challenges facing the region plus 15 special communications of marked social and political content.
The extreme south Patagonian province of Tierra del Fuego in the middle of an institutional crisis and has two governors both claiming the job, one of them is suspended Governor Jorge Colazo and the second his Deputy Hugo Coccaro.
Pope Benedict XVI plans to visit Brazil in 2007 to take part in the Latin American Bishops Conference (CELAM) general meeting, announced Brazilian Catholic Church officials.
Antarctic Dream the first totally Chilean cruise vessel, which will be sailing to Antarctica this summer is currently in Punta Arenas.
The Chinese economy is forecasted to decelerate slightly in the second half although overall 2005 growth will remain at a quick pace given the massive influx of foreign investment and greater credit flexibility, according to the China Securities Journal.
United States budget deficit was down to 319 billion US dollars at the end of fiscal 2005, almost 100 billion less than last year's 413 billion US dollars reported Friday the US Treasury.