Australia's food bowl along the Murray-Darling rivers basin, which accounts for the country's 41% agriculture produce faces an unprecedentedly dangerous situation if it does not rain in the next six to eight weeks warned Australian Primer Minister John Howard.
Latin American economies have improved fiscal positions and achieved better shape than they have in decades, and risks to that stem mostly from the United States and China, according to a World Economic Forum report issued this week.
Bolivia's president Evo Morales denied having squabbled with Brazil's Lula da Silva during the recent energy summit in Venezuela but admitted having discrepancies over how much Bolivia must pay for the two nationalized oil refineries from Petrobras.
The Chinese economy grew an impressive 11.1% in the first quarter of 2007, but inflation in March rose to 3.3% and fears that rapid expansion will drive interest rates higher weighed on stock markets.
A second Argentine officer allegedly involved in the abuse of conscripts, including the death of several of them, during the 1982 Falkland Islands conflict has been identified by one of the victims, reports this week the Argentine press.
Venezuelan President Hugo Chávez raised the idea of buying a nuclear power plant from Argentina yesterday and playfully suggested to his Colombian colleague Alvaro Uribe that it could be set up near Venezuela's border with Colombia.
Chilean former president Ricardo Lagos denied the existence of Chavism (President Chavez ideology) both in Venezuela and in the rest of Latinamerica but rather a charismatic president with a lot of money available and who lacks a solid political support.
Uruguayan engineer Guillermo Colman will probably not want to tell about his odyssey during the Monday Virginia Technical University carnage when he saved his life on two occasions playing dead.
Spain's Foreign Affairs Minister Miguel Angel Moratinos cautioned Wednesday that no big news can be expected from the first direct dialogue round between Argentina and Uruguay in Madrid regarding the controversy over the construction of a pulp mill in shared waters.
Argentina has guaranteed the supply of natural gas for residential consumption in the coming winter announced Chile's Energy Minister Marcelo Tokman following a meeting in Venezuela with Argentina's energy czar Julio De Vido.