The first ever summit between the European Union and Brazil is taking place in Portugal marking the start of what both sides hope will become a new strategic partnership on issues such as energy, climate change and human rights.
Brazilian president Luiz Inacio Lula da Silva said he was looking forward to talk with his Venezuelan counterpart Hugo Chavez to discuss the latest Mercosur misunderstandings but he also emphasized that there are rules to become a member of the trade group, but none to leave.
Argentine president Nestor Kirchner denied emphatically on Wednesday that his administration was assessing the rationalization of electricity supply to homes and insisted that those versions are only looking to destabilize his government.
Increased demand for bio-fuels is causing fundamental changes to agricultural markets that could drive up world prices for many farm products, according to a new report published by the Organization for Economic Cooperation and Development, OECD, and the United Nations' Food and Agriculture Organisation.
The United Nations High Commissioner for Refugees welcomed an offer by Brazil to resettle an estimated 100 Palestinians formerly living in Iraq starting in mid-September.
Argentina has requested energy assistance from Brazil to overcome the very extreme winter the country is suffering, according to sources in Brasilia reports the Brazilian press.
Foreign visitors to Brazil last year left an estimated 4.3 billion US dollars, up 11.77% over 2005, in spite the number actually dropped and the recurrent air traffic problems in Brazilian skies.
Pamela Cox, World Bank Vice President for Latin America and the Caribbean, announced the appointment of three new country directors for the region to head the units of Mexico and Colombia; the Andes: Bolivia, Ecuador, Peru and Venezuela; and the Southern Cone: Argentina, Chile, Paraguay and Uruguay, effective July 1st, 2007.
Colombia's guerrilla movement FARC (Colombian revolutionary armed forces) are the main culprits for the death of the eleven local Deputies which they held captive, but so is Colombian president Alvaro Uribe, said on Sunday Melanie Betancourt, daughter of Ingrid Betancourt held at ransom by the Marxist oriented guerrillas.
United States and South Korea signed a controversial free trade agreement, which still has to be ratified by Congress where some Democrats have expressed concern for job losses in the US car industry.