A special Bolivian constituent assembly approved this weekend a new draft constitution, despite a boycott by the main opposition party. Bolivians will now have a chance to vote on the changes in a national referendum next year.
The South Korean government has declared a state of disaster along a stretch of coastline affected by the country's worst ever oil spill. A fleet of 100 ships are fighting to contain the (66.000 barrels) 10-000 ton spill, but emergency workers have been unable to prevent the oil washing ashore.
Changes in Argentina are an opportunity for closer political links and economic ties with Brazil while the two leading South American countries work in the construction of a Mercosur extending from the Caribbean to Patagonia, said Brazil's Foreign Affairs minister Celso Amorim.
Six South American presidents launched Sunday in Buenos Aires the Bank of the South, the region's answer to the World Bank and the International Monetary Fund as a source for development funds.
A former head of the RAF said he hoped air force gunners would get the credit they deserved after unveiling a monument in Honington to commemorate their contribution in the Falklands Islands, reports the East Anglia Daily Times.
Japan revealed Friday that its economy grew by much less than previously thought in the third quarter of 2007 amid a housing slump and slower investment by firms in new factories and equipment.
Rockhopper Exploration reported Friday that Wavefield Inseis had successfully collected the site survey data over the Ernest prospect in oil exploration license PL024, 100km off the Falkland Islands.
In spite of government restrictions to overseas sales Argentine beef exports expanded 9% in the ten first months of 2007 reaching 1.155 billion US dollars according to data from the country's Health and Agro Food national service, Senasa.
Repsol YPF SA, Spain's largest oil company, discovered natural gas at a field in southeast Bolivia that may be large enough to supply the equivalent of 1% of consumption in its home country.
Argentina authorized sea and air tracking of illegal fishing outside the country's Economic Exclusive Zone, in the 200 miles plus area of international waters and will eventually give notice to FAO (Food and Agriculture Organization) of transgressors, according to the Buenos Aires press.