Brazil's economy expanded 2.9% last year compared to 2.35% in 2005 according to the latest official release on Wednesday. In the fourth quarter GDP increased 1.1% over the third quarter and 3.8% over the same period in 2005, reported the Brazilian Institute of Geography and Statistics.
Mining companies may be required to pay a windfall tax in South Africa if the recommendations of finance minister Trevor Manuel's task team are implemented, South African daily Business Day reported this week.
The promises and expectations of improved relations between Uruguay and Brazil and for Mercosur following the presidential summit in Colonia, Uruguay, don't seem to have convinced the Brazilian press.
Faced with 100.000 cases of dengue infection which have also caused several deaths Paraguayan Congress declared this week a 60 days national emergency and voted funds to combat the Aedes agypty mosquito which transmits the disease.
Chinese stock markets rebounded Wednesday following their deepest fall in a decade but most markets in Asia and Europe kept sliding for a consecutive second day amid fears of a slowing of China and the United States economies.
As Bob Dylan once sang, The times they are a changing and so, it seems is the typical Falkland Islander.
Brazil would like to see the current relation with United States become something positive for South America and expects that Washington's renewed interest in the hemisphere is based on cooperation and not in the old intervention style, said Friday Brazilian Foreign Affairs minister Celso Amorim.
Marine Biologists from Chile's Blue Whale Center (CBA) have embarked on a new project to record the noises made by endangered blue whales off the coast of southern Chile. They hope to use their recordings to identify individual whales and learn more about how whales communicate with each other.
United Nations Secretary-General Ban Ki-moon called Friday on the world's younger generation to take better care of Planet Earth in the face of global warming than his own.
The Brazilian initiatives proposed by President Lula da Silva during his Monday summit in Uruguay with his counterpart Tabare Vazquez were previously considered with Argentina, according to reports in the Buenos Aires press.