Mercosur is forecasted to become a world cellulose production pole with investments in three plants and forests, from one company only equivalent to 3,75 billion US dollars.
The Venezuelan government expropriated this week a corn silos plant belonging to the country's main agro-business corporation as part of its campaign to take over idle companies and farmland and hand them to workers and peasants.
The extent of the disillusion with the corruption scandal involving the Brazilian administration of President Lula da Silva is taking its toll in the ruling Workers Party, four Deputies resigned and 400 grass root leaders have left.
Risk assessment agencies anticipate that political rattling in the coming eighteen months when elections will be held in fourteen Latinamerican countries could delay the implementation of structural reforms in some of them.
There will be another influenza pandemic and failure to prepare for it appropriately will have catastrophic consequences, the head of the United Nations health agency warned Tuesday, calling for national control plans worldwide and massive international collaboration to prevent the potential deaths of millions of people.
The Argentine government announced over the weekend in Washington that it seeks a credit accord with the International Monetary Fund and advanced it's willing to address the hold outs of the massive sovereign bonds restructuring program officially closed.
According to Rick Hall, a representative of the electronics company Cable & Wireless, the Falkland Islands should, by December this year, join the rest of the world by having a mobile telephone system.
Colombia president Alvaro Uribe would be elected in the first round by 56% of the vote if his re-election bid is accepted by a special tribunal and if polling was now, according to a prestigious political and business magazine La Semana.
Members of a Chilean expedition believe they have found Robinson Crusoe's legendary hidden treasure of jewels and gold coins dating back to XVIII century with an estimate value of 10 billion US dollars, reports the Chilean press.
World Bank members reached an agreement this weekend to condone 55 billion US dollars of debs owed by the world's poorest countries to multilateral credit organizations.