Veteran Cuban leader Fidel Castro celebrated the liberation of Ingrid Betancourt and fourteen other hostages and criticized the Colombian FARC guerrillas because he said kidnapping is under no way justifiable.
Brazilian stocks partly recovered (0.16%) on Friday after their worst week in nearly a year with the Sao Paulo Bovespa index falling 7.7%, -below the 60.000 benchmark-, in line with global markets and concerns about oil and inflation.
With considerable delay Argentina's Lower House began late Friday evening to debate the controversial sliding export taxes on grains and oilseeds which triggered a three months-plus stand off between the Kirchner administration and protesting farmers.
Chile's Llaima volcano, one of South America's most active, is spewing lava in southern Chile, the government said on Tuesday, ordering an evacuation just two months after the spectacular eruption of the Chaiten volcano further south.
Headlines: Bay begins her work; 'Government cannot subsidise BAS'; Close eye kept on MoD range; Scheme for school leavers; Wind farm set to grow.
South Korea's president called for an end to an on going dispute over United States beef imports, saying it was time for the nation to concentrate on overcoming domestic and economic difficulties.
Brazil launched the process to buy at least 36 fighter jets as part of a broader plan to modernize its Air Force and in keeping with neighbors that are also in the process of overhauling their fleets.
Chile's Consumer Prices Index rose 1.5% in June accumulating 4.3% in the first half of the year according to the latest release from the country's Statistics Office. This is the highest June inflation since June 1991 (1.8%) and the highest monthly since October 1993 (2.6%).
The first regular, direct flight from mainland China to Taiwan for nearly 60 years landed on Friday at the capital Taipei's airport. China's top official on Taiwan affairs said the flight was a new start in exchanges between Taipei and Beijing.
The Brazilian automobile industry produced and sold a record number of new vehicles in the first half of 2008, with flex-fuel cars leading the surge according to the auto manufacturers' association, Anfavea, said on Friday.