Bicentennial celebrations winds arrived in Buenos Aires this week with the imposing figure of eleven tall ships, wonderfully crafted relics of the past that will be docked until next Tuesday when they sail on to the South Atlantic.
The head of Chile's hydrographical and oceanographic service has been sacked following the earthquake and tsunami that killed about 500 people last week.
Another strong aftershock jolted Chile nearly a week after the deadly 8.8 magnitude earthquake caused widespread destruction. In the badly-hit city of Concepcion, some residents ran into the streets Friday as the magnitude 6.6 tremor shook the area.
Argentine Interior Minister Florencio Randazzo assured on Friday that it's not the Senate's prerogative to designate the Central Bank Governor, and informed that their only task is to check whether the person appointed by the Executive is suitable for the seat or not.
Argentina will make an offer to restructure the 20 billion US dollars of defaulted debt by the end of this month, Economy Minister Amado Boudou said on Friday.
Brazilian annual inflation rose above government target (4.5%) levels for a second consecutive month in February reaching 4.83%, up from 4.59% in January, Brazilian Census and Geography Bureau, or IBGE, said Friday.
Chinese Premier Wen Jiabao has said China must reverse its widening income gap between rich and poor. He said benefits of a growing economy - expected to expand by 8% this year - should be distributed more fairly.
British MPs are to get a 1.5% rise from next month bringing their salaries to £ 65.737. The increase of nearly £1,000 is likely to spark fury in the wake of revelations about expenses abuse and with millions of workers across the private and public sectors facing freezes or even cuts.
Uruguayan president Jose Mujica has confirmed his attendance to the inauguration of Chilean president elect Sebastián Piñera next March 11. However news from Sao Paulo indicates that President Lula da Silva will not be participating at the very austere ceremony to be held in Valparaiso.