The drummer for The Police has apologised to the Chilean president after apparently implying that he found her less attractive that her Argentine counterpart.
OPEC froze oil output levels on Wednesday, resisting calls for a hike to help cool sky-high prices that have flirted with 100 dollars and which threaten to dampen global economic growth.
Unskilled workers from countries outside the European Union will no longer be allowed to work in the UK under new immigration rules that the government says represent the biggest change to the immigration system in its history.
Australia signed on Sunday the instrument of ratification of the Kyoto Protocol which means the country will become a full member of the protocol early next year. It was incoming Labor Prime Minister Kevin Rudd first official act of his new government.
Bolivian President Evo Morales has signed into law a contract for India's Jindal Steel and Power to develop the massive El Mutun iron ore deposit through a 2.1 billion US dollars investment, believed to be the largest foreign investment in Bolivia's history.
Latinamerica praised the democratic maturity of the Venezuelan people, the European Union expressed satisfaction and the United States welcomed the defeat of Venezuelan President Hugo Chavez's controversial reform plans in Sunday's referendum.
Two major regional projects are scheduled to be launched on the second week of December in South America, designed to boost economic integration. Chile, Bolivia and Brazil will formally announce the start of construction work on the bi-oceanic corridor linking the three nations on December 11.
Uruguay announced the re-purchase of up to 500 million US dollars in international and domestic bonds in an operation that seeks to reduce its foreign currency debt and extend maturities.
The United States/Peru free trade agreement on Tuesday cleared Congress and was ready for President George W. Bush signature, a victory for the US and Peruvian embattled leaders.
Chilean president Michelle Bachelet on Monday named economist José De Gregorio as the new president of Chile's Central Bank (BC). De Gregorio, currently the BC's vice president, will replace Vittorio Corbo, whose term expires on December 6.