Argentine president Cristina Fernandez de Kirchner will celebrate the May Revolution National Day in a city bordering Brazil and Paraguay where she expects to hold a presidential meeting with her peer-neighbours, according to the Buenos Aires press.
The Spanish economy slid deeper into recession in the first quarter of this year, official data showed on Thursday revealing that output shrank by 1.8% from the level in the previous quarter. On an annualized basis the contraction was a record 2.9%, the steepest in half a century.
The Argentine government announced on Thursday it would lift a ban on direct flights from Mexico imposed over two weeks ago due to an outbreak of the new H1N1 flu in that country.
Bolivia's president said relations with Peru are at high risk after the neighbouring nation gave refuge to two more former Bolivian officials accused in the 2003 army killings of dozens of protesters.
Colombia's senate has delayed a vote on scheduling a referendum that could let President Alvaro Uribe seek a third term. Lawmakers had been expected to vote Wednesday but the body put off consideration of the measure until May 19 for lack of quorum.
Spain's state television sacked its head of sports coverage on Thursday, saying it was a mistake not to have shown a soccer crowd from Catalonia and the Basque Country booing the Spanish national anthem during the country's Copa del Rey final.
Argentina is tightening fisheries conservation in the South Atlantic. The Secretariat of Agriculture, Livestock, Fishery, and Food (SAGP&A) announced it will establish catch limits, intended to last 15 years, for polaca (Micromesistius australis), hoki (Macruronus magellanicus) and Patagonian toothfish (Dissostichus eleginoides).
British Prime Minister Gordon Brown has suspended ex-minister Elliot Morley from the Parliamentary Labour Party and an aide to Tory leader David Cameron quit his post as the Westminster expenses scandal claimed its first scalps.
The United States Treasury wants more regulation of derivatives - the complex financial instruments that brought down some of Wall Street's biggest names. Proposals to be set out by Treasury Secretary Timothy Geithner will call for an electronic system to monitor buying and selling in the market.
New York City's Lincoln Center for the Performing Arts, the largest in the world, officially launched this week a year long celebration of its 50th Anniversary with a commemorative ceremony at Alice Tully Hall.