The Brazilian Senate narrowly voted Wednesday to absolve the embattled higher house president Renan Calheiros, a key ally of President Luiz Inacio Lula da Silva, who faced expulsion over corruption allegations.
The crisis of confidence in credit markets is likely to last longer than previous financial shocks of the past two decades warned United States Treasury Secretary Henry Paulson in an interview with the Financial Times.
The Brazilian economy expanded 0.8% in the second quarter over the first quarter reported Wednesday the Brazilian Geography and Statistics Institute. This represents a 5.4% increase over the same period a year ago.
The United Nations Economic Committee for Latinamerica and the Caribbean, CEPAL, recommends Latinamerica and MERCOSUR to have closer links with the Association of South East Asian nations, ASEAN.
Paraguay's government declared a national state of emergency on Wednesday amid the worst ever forest fires there.
Scientists are trying to find the cause of the latest foot-and-mouth outbreak and establish whether it is the same strain which infected herds last month.
Several Chilean cities have offered to take in as many as 100 Palestinian refugees that are currently living in refugee camps along the Iraqi border. These include the cities of La Calera and San Felipe in Region V, and Ñuñoa in the Metropolitan Region.
In six months time Uruguay will have an idea if there are hydrocarbons in the River Plate Punta del Este basin, and based on this data move into the exploratory phase, announced Wednesday the chairman of the country's government managed oil company Ancap.
Russia is interested in closer political and economic relations with Mercosur said on Wednesday Russian visiting acting Foreign Affairs minister Sergei Lavrov in Uruguay one of the several countries included in the current South American tour.
The United Nations General Assembly today adopted a landmark declaration outlining the rights of the world's estimated 370 million indigenous people and outlawing discrimination against them – a move that followed more than two decades of debate.