Newly confirmed United States Trade Representative Susan Schwab said it is crucial for negotiators to wrap up the key elements of a global trade agreement by the end of July. However she did not reveal how she planned to overcome major obstacles with Europe and developing nations.
In a veiled warning Venezuelan President Hugo Chavez called Saturday on business community leaders to repatriate ten billion US dollars they hold overseas and invest them in their own country.
Football and politics, politics and football, it's hard to find the leading thread particularly in Brazil that has won the World Cup five times and is considered among the favourites for this edition in Germany.
Brazilian President Luiz Inacio Lula da Silva inaugurated Saturday the lay out of a gas pipeline that will connect the southeast with the northeast of the country, in another step to ensure energy independence.
As of next Monday gasoline prices in Chile will soar to an average 700 pesos a litre, the highest ever, which is equivalent to five US dollars a gallon.
Price of land in Uruguay has soared in the two last years with the average going price for a plot of good grazing selling in the range of 1.400 US dollars a hectare, according to the latest report from the Uruguayan Landholdings Institute.
Chilean high school students agreed Friday to end their nationwide strike and the protests they have kept up for a month demanding a better quality of education, and announced they would return to class next week.
Chile could face power shortages as a result of Bolivia's plan to nationalise its gas sector, energy experts have warned.
Shortage of rainfall and the closing of several dams upstream to retain water have forced the cancelling of nautical tours next to the world famous Iguazu falls, one of the world's most impressive sights.
Rising energy prices are pushing up inflation and increasingly threatening the U.S. economy, former Federal Reserve Chairman Alan Greenspan testified this week before Congress.