Colombian President Alvaro Uribe has scrapped his plan to rerun the 2006 election in which he won re-election, the government announced, a move that could set the stage for him to seek a third term in 2010.
The Paraguayan government confirmed the existence of oil deposits in an inhospitable area to the north of the country. However one long year must elapse before the deposits can be considered commercially exploitable.
Mercosur is an idea which involved a fantastic but frustrated will power according to former Spanish Socialist president Felipe Gonzalez. A previous common infrastructure commitment is more important for integration that having political groupings such as Mercosur.
THE 'Britishness' of the Falkland Islands is to be underlined in its new constitution, by a change that insists all individuals applying for Falklands status must first become a British citizen.
A US Senate subcommittee accused banks in Switzerland and Liechtenstein of helping wealthy US citizens commit massive tax evasion, and urged the establishment of tougher laws to combat offshore tax havens around the world.
The first two, of a total of four, SAAB 340B aircraft acquired by Argentine Air Force for passenger transport operations in Patagonia will arrive in Buenos Aires by the end of the year it was announced in Buenos Aires.
Colombia and Brazil agreed on a cooperation and defense pact aimed at controlling the one thousand mile lawless common border which is regularly used by drugs and arms dealers as well as the cocaine-funded FARC rebel group.
The European Union has offered to cut its farm tariffs by 60% to kick-start trade talks in Geneva. EU trade commissioner Peter Mandelson urged Brazil, India and China to reciprocate by slashing their industrial tariffs. The EU previously offered to cut farm tariffs by 54%.
Experts from all over the world are discussing in Brazil about the rapid disappearance of the world's wetlands and its potential effect on global warming. The event organized by United Nations and Brazil's Federal University of Matto Grosso are taking place in Matto Grosso, next to what is considered the world's largest wetlands in the heart of South America, the Pantanal.
Greenpeace activists on Monday morning brought their concerns over a controversial Spain's Endesa HidroAysen dam project in Chilean Patagonia directly to the company's doorstep, scaling its headquarters building in Madrid, draping an attention-grabbing, several-story-high protest banner, reports Patagonia Times.