Argentine farmers announced a temporary truce in a 16-day strike on Friday, but marathon talks with the government failed to yield an immediate agreement over disputed export tax hikes.
A huge offshore oil discovery could raise Brazil's petroleum reserves by a whopping 40 percent and boost this country into the ranks of the world's major exporters, officials said.
Five youths are accused of attacking nine German soldiers and taking them hostage in this Chilean port city, police said.