Paraguayan President Nicanor Duarte and Mercosur ministers of Economy and Foreign Affairs decided Tuesday the creation of the Bank of the South, --an idea promoted by Venezuela—that should act as an alternative for world multilateral organizations such as the World Bank, IMF and the Inter American Development Bank.
Brazilian President Luiz Inacio Lula da Silva has given the green light to build a long-delayed third nuclear plant in Brazil, reported the Sao Paulo press.
Argentina's international reserves reached this week a record 40 billion US dollars according to the latest release from the Central Bank underlining that the strong position effectively helps to reduce financial vulnerability, grants certitude to investors and reduces the country risk.
Argentine President Nestor Kirchner rescinded a private company's concession to operate two major rail lines on Tuesday, a week after commuters rioted over delays at the main station in Buenos Aires.
Strategies should be found for determining the future of each of the world's 16 remaining territories that are not yet self-governing Secretary-General Ban Ki-moon told a United Nations seminar on decolonization in the Caribbean island of Grenada on Tuesday.
Cutty Sark, a London landmark and the world's last surviving 19th century tea clipper that made its name in the China trade, was severely damaged in a blaze Monday.
The twenty-fifth anniversary of the landing of British Forces, at the start of the campaign to free the Falkland Islands from occupation by Argentine forces, was celebrated today, 21st May, at San Carlos.
Chilean president Michelle Bachelet, suffering from a significant downfall in her popularity caused by a controversial (and collapsed) public transport system in Santiago admitted Monday people had the right to be angry but promised that the problems will be overcome.
Argentina will drop from fourth to seventh place among world beef exporters this year, after having climbed in 2005 to the third position according to the latest information from the country's Ministry of Agriculture, Livestock, Fisheries and Food.
Next June 14 two sets of stamps, aptly entitled Lest We Forget, will be officially released in coincidence with the 25th anniversary of the Falkland Islands Liberation Day, which marked the ousting of Argentine forces from the Islands and the end of the 1982 South Atlantic conflict.