In spite of running on a sustained high wave of public opinion support, --the best performance of any leader in the Americas--, Colombia's Alvaro Uribe this week faced a major challenge when his cousin, political ally and former Senator Mario Uribe Escobar was taken into custody for allegedly colluding with rightwing paramilitary groups.
Rice prices have ballooned to fresh heights in Asian trade amid concern that export bans by key producing countries will hit supply. Curbs are in place in India and Vietnam to protect domestic supply and there are fears that Thailand, the world's largest producer, could follow suit.
Elected president Fernando Lugo, who takes office on August 15, pledged to maintain Paraguay's membership in the Mercosur trade block, which includes Argentina, Brazil and Uruguay, and strengthen integration mechanisms. He also announced he would seek relations with Beijing, currently non existent.
The Joint Technical Commission for the Argentine-Uruguay Maritime Front (CTMFM) agreed to open the squid (Illex argentinus) fishery in the bilateral Common Fishing Zone. The resolution was published in Argentina's Official Bulletin of 22 April, and is set to come into force once it is published in Uruguay's Official Bulletin
British Chancellor of the Exchequer Alistair Darling supported on Monday the Bank of England's £50bn plan to help prevent the credit crisis causing more damage to the UK banking system.
Paraguayan president Nicanor Duarte said on Monday he's considering resigning before August 15, when his mandate expires, which means vice president Francisco Oviedo would then be in charge of passing the sash to elected president Fernando Lugo.
Saudi Arabia admitted that petroleum producing countries are concerned with the competition of alternative fuels, such as bio-fuels and with the determination of many countries to ensure their energy independence.
Colombia's President Alvaro Uribe and, to a lesser extent, Ecuador's Rafael Correa were the Latinamerican leaders with the greatest approval rating in March according to the latest public opinion poll from the renowned consultants Mitofsky with results published in the Mexican press on Monday.
The head of the United Nations World Food Programme (WFP) called for urgent action to tackle the silent tsunami of rising food prices which threatens to push more than 100 million people worldwide into hunger.
With the international price of oil closing on 120 US dollars a barrel and the need for greater purchases of oil, diesel fuel and natural gas, Chile estimates the additional cost this year in 2.8 billion US dollars according to the government owned oil corporation ENAP, CEO Enrique Davila.