Divided Bolivia took a tentative step toward reconciliation as President Evo Morales and opposition governors agreed to seek a compromise between Morales' new constitution and declarations of autonomy by four resource rich eastern states.
Chile summoned home its ambassador to Peru for consultations amid a growing dispute over the countries maritime boundary and lucrative fishing grounds. Foreign Minister Alejandro Foxley said Ambassador Cristian Barros was due in Santiago Thursday or Friday for a long conversation.
Japanese whalers are praising the Australian government for its help to resolve a stand-off with militant conservationists in Antarctic waters. The whalers handed over the Australian and British protesters to Australian officials overnight
Wall Street banking giant Merrill Lynch unveiled on Thursday a huge net loss of 7.8 billion US dollars for 2007, compared to a net profit of 7.5 billion in 2006. The loss includes a massive 14.1 billion write-down on failed investments related to sub-prime mortgages.
Federal Reserve chairman Ben Bernanke on Thursday backed the introduction of emergency economic measures aimed at helping the US economy avoid recession.
HMS ENDURANCE breaking through the ice North of James Ross Island, the ship is currently transferring scientist to Mount Haddington where they will be carrying out ice drilling for the next 2 months.
Ed. Note: This opinion piece, which first appeared in the Chilean daily La Tercera, gives the background to Chile's looming energy problems and then proceeds to pitch the line that is touted by Chile's media and business establishment: build dams in Chile's water-rich Patagonia area to solve the energy problem; build the HidroAysen project. 'HidroAysen' is joint venture involving Spanish-Italian electricity giant Endesa and Chilean energy company Colbún.
OPEC is ready to increase its output if the fundamentals of supply and demand justify such a move, but does not believe there is a current shortage of oil in the market, the cartel's secretary-general Abdallah el-Badri said on Wednesday.
Cuban leader Fidel Castro is lucid and healthy enough to resume a political role in Cuba, Brazilian President Luiz Inacio Lula da Silva said on Tuesday at the end of a 24 hours visit to the island during which ten bilateral agreements were signed.
The fossilized skull of the largest rodent ever recorded has been described by scientists for the first time. The remains of the one-ton beast, found in Uruguay, indicate that it would have been as big as a bull.