
Argentine president Cristina Fernández presented on Monday evening a doll made to her image, “Cristinita” which is on sale at a museum next to Government House, Casa Rosada, in downtown Buenos Aires.

Brazil's government is studying measures to boost the country's exports in the face of a still-difficult global trade environment, Deputy Trade Minister Allessandro Teixeira said on Monday.

The formal incorporation of Venezuela to Mercosur next July will benefit mainly Brazil and Argentina since they could considerably increase their exports to the oil-rich country at the expense of the local production sector weakened by the economic policies from the administration of President Hugo Chavez, according to analysts.

The Uruguayan government revealed on Monday its disagreement with the way Venezuela’s incorporation to Mercosur was decided last Friday at the summit held in Mendoza, Argentina, and said “it was not the last word” since the process must be reviewed from a juridical point of view.

Rio do Janeiro's iconic landscape, marked by soaring granite facades that drop into the ocean and white-sand beaches that go on for miles, is now an official world heritage site.

Brazilian government extended domestic tax breaks on home appliances and furniture, emphasizing efforts to help ailing Brazilian industries.

Less than two-thirds of Brazilians identify as Catholics, marking a record decline in what is considered to be the world's largest Catholic country, new figures showed Friday.

The world's number two mining company, Brazil’s Vale Doce said it received an environmental license to build its biggest-ever iron ore mine, an Amazon region project that holds about one trillion dollars of reserves at current prices.

Brazilian businessman Rubens Barbosa, head of the foreign trade council of the Sao Paolo Federation of businessmen said on Sunday that in the last six months, the Argentine presidency of the bloc implemented measures that practically killed the Mercosur.
“Argentina will be responsible for the end of Mercosur,” he predicted.

Mercosur high representative Samuel Pinheiro Guimaraes resigned because of “political reasons”, following the presentation of a report warning on the future of the regional block in the framework of the international crisis.