Chile, Brazil and Mexico are among the countries which could be visited by United States presidential candidate Barack Obama before the November election, following on recommendations for a Latinamerican tour from his political advisors.
One of the Uruguayan leading opposition presidential hopefuls questioned once again the attitude of Mercosur senior members (Argentina and Brazil) in trade issues adding that the reiterated presence of Venezuela's Hugo Chavez only confirms that the South American trade block has become increasingly and predominantly political.
Uruguay's fishing industry has come under the spotlight of the Montevideo and Spanish police narcotics departments following the arrest of a Spanish citizen and the discovery of containers to be exported with 300 kilos of cocaine hidden among the frozen fish.
New York State's attorney general has threatened to sue Merrill Lynch for misrepresenting certain debt investments as safer than they were. Andrew Cuomo said that legal action against the US bank was imminent after it failed to settle charges of mis-selling with regulators.
The Argentine economy seems to be suffering of fatigue according to the latest official reports and which had been anticipated by President Cristina Fernandez de Kirchner earlier in the week.
During the first seven months of this year Uruguay meat exports totaled 983 million US dollars, 54% higher than the same period in 2007, of which beef represents 84% and lamb 4%, according to the country's Nacional Institute of Meats, INAC.
Chile's Health Ministry quarantined four more pork factories last Thursday after Canadian health officials confirmed high levels of the carcinogenic chemical dioxin in their pork meat products.
The Japanese economy contracted by 0.6% between April and June, prompting fears that it is sliding towards recession. Declining exports and consumer demand were behind the fall - the first for more than a year - which came after a rise of 0.8% in the previous quarter.
As of 2011 all cigarettes sold in the European Union will have to be self-extinguishing in a bid to combat thousands of fire-related deaths and injuries. EC officials said a meeting of experts from all 27 EU member states was expected to endorse proposals by Consumer Protection Commissioner Meglena Kuneva.
Russian tycoon Mikhail Prokhorov paid 300 million Euros for a villa in the French Riviera built in 1902, so grand that it takes a reputed 50 gardeners to tend its gardens, according to the Paris daily Le Monde.