
The Brazilian dictatorship mediated before London in 1982 to have Navy Captain and notorious repressor Alfredo Astiz, repatriated to Argentina from Britain, where he had been flown after he surrendered the South Georgia garrison to the British Task Force.

Brazilian media toughened up its opinion about President Cristina Fernandez ahead of the general elections on Sunday. Several news vehicles have run stories on CFK use of alleged populism and of political icons such as Juan Domingo Péron and Eva Perón and the Peronism to draw in more votes.

Leaders from India, Brazil and South Africa on Tuesday urged the world's rich countries to contain their financial crises and prevent the global economy from slipping into a double dip recession.

The Secretary General of Ibero-America Enrique Iglesias praised the “courage” displayed by Brazilian president Dilma Rousseff who has been challenged by serious corruption allegations involving members of her cabinet.

President Dilma Rousseff said Monday that her administration plans to invest 30 billion Reais (17 billion dollars) in urban transportation projects across Brazil.

Brazil could experience a flight of capital should the European sovereign-debt crisis worsen, and the country may use interest rates and US dollar reserves to combat contagion, an International Monetary Fund director said.

Argentina's 8th International Oil & Gas Expo, sponsored by the Argentine Institute of Petroleum and Gas is taking place this week in Buenos Aires.

Brazil’s largest circulation magazine Veja, claimed in its last edition that the Sports Minister Orlando Silva has been involved in corruption actions totalling millions of dollars originally destined to promote sports among children from poor households.

BHP Billiton , the world's biggest miner, is close to launching a £2-billion-pound bid for Brazilian iron ore miner Ferrous Resources, the Sunday Times reported. The newspaper, without citing sources, said talks between BHP and Ferrous Resources started earlier this year and had stepped up in recent weeks.

Operators interested in running Brazil's largest airport will be required to make a minimum bid of 1.3 billion dollars, Brazil's aviation authority said on Thursday.