An estimated 9 billion US dollars left Argentina between late March and the end of June on fears of growing uncertainties about the country's economy and the on going stand off with farmers who are protesting President Cristina Fernandez de Kirchner administration policies towards the camp.
Argentina's lower house of Congress finally approved on Saturday after a marathon session a controversial package of grain-export taxes that have sparked months of nationwide farm strikes and food shortages since they were first implemented in March.
Chile and Uruguay are scheduled of sign on Monday in Montevideo a strategic association agreement in the framework of Chilean President Michelle Bachelet's two day official visit. Ms Bachelet arrived in Montevideo late Sunday.
An overwhelming majority of Colombians, 77%, support a second reelection of President Alvaro Uribe following the rescue of fifteen hostages last Wednesday including former presidential candidate Ingrid Betancourt, according to a public opinion poll released by the top circulation magazine Semana.
Chilean President Michelle Bachelet is promising to nominate rescued Colombian hostage Ingrid Betancourt for the Nobel Peace Prize.