
Venezuela’s Central Bank Chairman, Eugenio Vasquez Orellana, resigned Tuesday citing health problems, but the real motive seems to have been differences with some cabinet ministers from the government of Hugo Chavez.

College students opposed to Venezuela’s populist government protested on Tuesday outside the headquarters of state-run VTV television against the network’s “violent discourse.”

Flooding and mudslides near Peru's Machu Picchu archaeological citadel have killed at least seven people and stranded 1900 tourists. An operation to airlift the foreigners out of the south-eastern disaster zone was suspended because of heavy rain after just 75 were flown out by helicopter.

Honduras president elect Porfirio Lobo takes office on Wednesday the same day deposed Honduran leader Manuel Zelaya finally leave the Brazilian embassy where he has been holed up for more than four months.

Ex-Guatemalan President Alfonso Portillo, facing money-laundering charges in the United States was captured Tuesday on a farm on the Guatemalan coast, that country's attorney general said.

Canadian Prime Minister Stephen Harper speaking at the International Conference on Haiti taking place in Montreal conceded Monday that countries are in for a decade of “hard work” to rebuild earthquake-shattered Haiti.

Bolivia’s president Evo Morales began his second mandate with a cabinet reshuffle removing most ministers and complying with the gender parity. The announcement was done over the weekend following his second consecutive inauguration ceremony last Friday.

A new US assessment of Venezuela's oil reserves could give the country double the supplies of Saudi Arabia. Scientists working for the US Geological Survey say Venezuela's Orinoco belt region holds twice as much petroleum as previously thought.
The geologists estimate the area could yield more than 500 billion barrels of crude oil.

Brazil and Argentina are the first countries to be visited by Chilean president-elect Sebastián Piñera, who added he will accept invitations from Spain and France and anticipated one of his first actions would be to de-freeze relations with neighbouring Peru.

Chile announced that the “Integration and Cooperation” agreement with Argentina, which was stamped by Presidents Cristina Kirchner and Michelle Bachelet last October 30, became effective as of Friday January 22nd.