The Latinamerica economic climate dropped to its lowest level since July 2005 because of the United States mortgage and banking situation according to the joint indicator from the University of Munich Economics Research Institute, Ifo and the Getulio Vargas Foundation from Brazil, FGV.
Brazilian President Luiz Inacio Lula da Silva said the computers and hard drives stolen from the state oil company Petrobras last month contained information considered a state secret.
Brazil and Argentina are considering the joint manufacturing of different types of arms both for regional defense and for export, according to the Buenos Aires press. Next Friday Brazilian president Lula da Silva will make an official visit to Cristina Fernandez de Kirchner and one of the several accords to be signed refers to the production for defense.
German Chancellor Angela Merkel announced on Monday her first visit to the Latin American continent since taking office in 2005. Ms Merkel is scheduled to participate in the European Union-Latinamerica leaders' summit scheduled for next May in Lima, Peru.
Spain is interested in further promoting its fishing fleet in the South Atlantic using Montevideo as an operational port for the area, said Spanish Minister of Agriculture, Fisheries, and Food (MAPA), Elena Espinosa during her visit to Uruguay.
Brazil reiterated it does not have the capacity to give up a percentage of the contracted Bolivian gas provision thus helping to improve the Argentine energy situation.
Ailing leader Fidel Castro resigned as Cuba's president from nearly a half-century early Tuesday, saying in a letter published in online official media that he would not accept a new term when the newly elected parliament meets on Sunday.
VISITING British Members of Parliament have congratulated the Falkland Islands Government on their high standard of administration.
Six months after having planted the tricolor flan in the geographic North Pole, Russia has done the same in the southern Pole in a clear expression of its renewed ambitions in Antarctica and its natural resources.
Scientists investigating the icy waters of Antarctica said this week they have collected mysterious creatures, including giant sea spiders and huge worms in the murky depths.