Federal Reserve Chairman Ben Bernanke and his colleagues are still worried about inflation, even while hinting that an interest rate cut may be needed to help boost a weak economy.
The Argentine government rejected this week calls from the head of Brazil's government owned oil company, Petrobras, for changes in energy pricing in Argentina, where gasoline and diesel prices have been virtually frozen for more than four years.
The Falkland Islands Government views any abuse or maltreatment of fishing vessel crews very seriously and, in addition to considering issues of criminal liability, where appropriate, will take any action available to it as necessary to ensure that the responsibilities for the efficient management of the fishery on behalf of the Falkland Islands are properly discharged.
President Nestor Kirchner will reaffirm Argentine legitimate and imprescriptible sovereignty over the Falkland Islands next April 2 in Ushuaia when he leads the main commemoration of the 25th anniversary of Argentina's 1982 military landing in the Islands, reports the Buenos Aires press.
A senior international banker predicted a further shake-out in emerging markets, particularly Latinamerica, arguing that asset prices in the region, (the best performing market last year) have run ahead of economic fundamentals in many cases and the market needs some sort of adjustment.
Argentine and British officials are scheduled to meet next week in London to continue talks on the removal of land and anti personnel mines planted in the Falkland Islands during the 1982 conflict by Argentine forces.
Brazil ranks as the world's tenth economy, ahead of South Korea, Holland and Australia, according to a GDP new calculation system announced by the government and which a majority of Brazilians economists consider more in line with reality.
United Airlines has decided to cease operations in Uruguay beginning next June 7 which means the end of the company's flights to Montevideo. However United will continue to operate from Argentina and Brazil.
Uruguay's economy expanded 7% in 2006 boosted by the communications and transport sectors according to the latest release from the country's Central Bank.
Heradlines: World's windiest marathon; Tourism work permit denied; FIDF remember; Rotterdam's on her own
Fishing news: Licence revoked; Squid return to zones; SAFC: another non-starter