Over 80% of the world's fisheries are at risk from over-fishing and the World Trade Organisation (WTO) must act urgently to scrap unsustainable subsidies, said the environmental group Oceana.
The New York Times forecasts bad times ahead for President Cristina Fernandez de Kirchner in spite of booming times for the Argentine economy. Mrs. Kirchner is struggling to break free of the curse of Argentine leaders past: the failure to govern successfully in the good times, writes Alexei Barrionuevo from Buenos Aires.
This Wednesday the former Royal Navy HMS Marlborough will officially fly the colors of the Chilean Navy under the name of FF06 Almirante Condell.
Argentina announced that in May 2009 it will be making the official presentation of the outer boundaries of its continental shelf, (including the Falkland Islands) before the United Nations Commission on the Limits of the Continental Shelf in the framework of the Law of the Sea.
Canada is preparing to claim an area of the Arctic Ocean seabed equivalent in size to almost two million square kilometres as part of Ottawa's aggressive effort to defend the country's interests in the North, said Canadian Natural Resources Minister Gary Lunn.
After having formally launched last Friday the Union of South American Nations, Unasur, the region in on track to creating a Central Bank and a common currency announced this week Brazilian president Lula da Silva.
Paraguay expects to see its share of the energy business with Brazil to increase to at least two billion US dollars said an energy expert and advisor to Paraguayan president elect Fernando Lugo.
Argentina's trade surplus narrowed 30% in April from a year earlier to a lower-than-expected 864 million US dollars as surging imports offset high commodities export prices, according to official data from the Argentine government.
Brazilian President Luiz Inácio Lula da Silva reacted against international criticism of his administration's environment policies saying that the world needed to understand that the Amazon belongs to Brazilians.
The Peruvian government will invest an estimated 35.7 million US dollars in archeological research in the Machu Picchu ruins area of influence.