The governing Council of the European Central Bank meeting Thursday in Madrid decided to increase the key interest rates by 25 basis points from 2.5 to 2.75% reflecting the upside risks to price stability over the medium term.
Chilean president Michelle Bachelet following a meeting Thursday with President George Bush in the White House categorically denied any US pressure to vote against Venezuela becoming a non permanent member of the United Nations Security Council.
The founder and chairman of the party that lent its banner to nationalist Ollanta Humala for his failed presidential bid said Tuesday that the unsuccessful hopeful no longer leads the Union for Peru, or UPPO.
Paraguay's former president Luis Gonzalez Macchi was convicted to six years in prison on for embezzling 16 million U.S. dollars from two collapsed banks, according to reports from Paraguay's capital Asuncion.
Since the early fifties United States was aware on the whereabouts of Adolf Eichmann, one of the architects of the Nazi Holocaust, but chose to keep the matter secret, fearing that the arrest of the Nazi fugitive might lead to embarrassing revelations about links between senior West German officials and other Nazis.
After three years of sustained growth the economies of Latinamerica (including Argentina and Venezuela) will be expanding at a more moderate rate according to estimates from the World Bank and Wall Street analysts.
United States scientists discovered in Antarctica a massive crater which could have wiped out more than 90 % of the species on Earth 250 million years ago, an American geologist said Wednesday.
The contest for Mexico's presidency next July 2 has become a two horse race between populist Andres Manuel Lopez Obrador and Conservative Felipe Calderon, who according to public opinion polls seems to have won the campaign's second and last televised debate Tuesday evening.
The Organization of American States meeting in Santo Domingo for its annual assembly called Tuesday on Argentina and the United Kingdom to resume Malvinas/Falkland Islands sovereignty negotiations, but the British Embassy in Buenos Aires said the decision belongs to the Islanders.
High school students were arrested and journalists injured in central Santiago during Monday's national strike.