Chile's congress backed a pension reform bill Wednesday to ensure the country's landmark social security program for the first time covers every citizen.
The production of one of Italy's best known exports, mozzarella, is under threat from an infection of brucellosis spreading through herds of water buffalo. The Italian government has set up an emergency commission to try and stop the spread of the disease, which affects milk production.
Cuban leader Fidel Castro, who remains in a convalescent state hospitalized in Havana because of gastrointestinal problems, wrote an essay which became public yesterday where he stated that Argentina and Brazil could be the life-jackets of the Latin America region's economy, because of their production of meat and cereals.
Argentine Malvinas veterans from Tierra del Fuego in the extreme south of Argentina made public their dissatisfaction with the coming visit of Britain's ice patrol HMS Endurance to the port of Ushuaia next January 26.
China has come to the rescue of Argentina's Antarctic effort with the icebreaker Xuelong (Snow Dragon) scheduled to call in Buenos Aires next January 25 and load 200 cubic meters of general cargo for Argentine bases.
Divided Bolivia took a tentative step toward reconciliation as President Evo Morales and opposition governors agreed to seek a compromise between Morales' new constitution and declarations of autonomy by four resource rich eastern states.
Chile summoned home its ambassador to Peru for consultations amid a growing dispute over the countries maritime boundary and lucrative fishing grounds. Foreign Minister Alejandro Foxley said Ambassador Cristian Barros was due in Santiago Thursday or Friday for a long conversation.
Japanese whalers are praising the Australian government for its help to resolve a stand-off with militant conservationists in Antarctic waters. The whalers handed over the Australian and British protesters to Australian officials overnight
Wall Street banking giant Merrill Lynch unveiled on Thursday a huge net loss of 7.8 billion US dollars for 2007, compared to a net profit of 7.5 billion in 2006. The loss includes a massive 14.1 billion write-down on failed investments related to sub-prime mortgages.
Federal Reserve chairman Ben Bernanke on Thursday backed the introduction of emergency economic measures aimed at helping the US economy avoid recession.