Argentina's GDP expanded 8.7% in 2007, after having grown 9.1% in the fourth quarter, up 1.9% from the previous quarter announced Thursday in Buenos Aires the country's Statistics and Census Office, Indec.
Brazil and Spain have agreed to a truce on migration controls following a stand off between both countries regarding Brazilian and Spanish tourists.
United States Secretary of State Condoleezza Rice arrived in Brazil on Thursday for a two-day visit to South America which also includes Chile but leaves out Argentina in spite of the fact President Cristina Fernandez de Kirchner in her inaugural December speech promised to improve relations with Washington.
United Kingdom is legally obliged to continue to send annual reports on Gibraltar until the UN General Assembly votes to remove the territory from its list of non self-governing territories, even if the UK believes that a territory has been decolonized.
Chilean President Michelle Bachelet officially re-opened on Wednesday the Arturo Prat base in Antarctica which was the first to be established by the Chilean Navy in 1947 but was later closed in 2004.
The world's largest passenger aircraft, Airbus 380 will be landing in Chile at the end of the month to participate in the International Air and Space Fair, FIDE.
Argentina's ambassador in Italy Victorio Taccetti has been named Deputy Foreign Affairs minister to replace Roberto Garcia Moritán who resigned amid a growing scandal over illegal car imports. Minister Jorge Taiana's number two insisted his resignation was for personal reasons.
An investigation is underway after 280 foreign tourists had to be rescued on Thursday when their cruise ship ran aground in the Aegean Sea, Greek officials said.
A Russian first deputy prime minister said this week that Russia has no territorial claims to Antarctica, and will strictly abide by an international convention on the continent, reports Novosti agency.
The world's largest central banks have launched their latest coordinated action to calm jittery credit markets. The US Federal Reserve, the European Central Bank and central banks in the UK, Canada and Switzerland will inject billions of dollars into money markets.