The Argentine government asked on Thursday a judge to appoint an administrator for the country's main airline and flag carrier Aerolineas Argentinas, a move seen as a possible step toward a state takeover of the company and a potential controversy with the Spanish government.
Headlines: A Royal gift; Ships to sound horns in protest; New policy man joins Falklands government; Inside Penguin News
The Consumer Prices Index in Argentina increased 0.6% in June and 4.6% in the first half of the year. Wholesale prices jumped 1% in June totaling 6.3% in the first six months of 2008, both percentages according to the official Statistics and Census Office, Indec
Workers from Brazil's government managed oil corporation Petrobras confirmed on Friday they will begin a five-day strike at the country's main fields in the off shore Campos basin on Monday, regardless of whether the company presents a proposal before then.
President Hugo Chavez of Venezuela and his Colombian counterpart Alvaro Uribe signed several agreements to promote closer ties, after months of political tension.
Colombia guerrilla group FARC said on Friday it was betrayed by its own men in last week's military rescue of the former Colombian presidential candidate Ingrid Betancourt and 14 other hostages that added to a string of recent setbacks.
Brazilian president Lula da Silva visiting Vietnam described the war against the United States which ended with the country's union and full independence as a victory of the oppressed.
A remarkable new book outlining the history of the Falkland Islands and South Georgia through the lives of people has been published by a former Governor of the Islands, Mr David Tatham. The Dictionary of Falklands Biography (including South Georgia) is the culmination of six years of writing and research by 170 contributors from about 15 countries around the world.
Climate change is already impacting the world's oceans and will have serious consequences for the hundreds of millions of people who depend on fishing for their livelihoods, according to the United Nations Food and Agriculture Organization (FAO).
The Brazilian Consumer price index unexpectedly slowed in June from May, though on an annual basis inflation remains at its fastest pace since November 2005, according to the latest report from the country's IBGE (Brazilian Geography and Statistics Institute) released on Thursday.