
Chilean authorities investigating bribery and embezzlement charges against former dictator Gen. Augusto Pinochet hope a plea bargain agreement between British arms manufacturer BAE systems and judicial authorities in the U.S. and U.K. will provide them with fresh evidence.

Cuban President Raul Castro has announced a five-year plan that he hopes will ease the country's economic problems and reliance on food imports. Basically the agricultural reform this time will be to surround cities with small urban farms so private citizens can raise animals and grow fruits and vegetables.

Venezuela is facing the worst drought in a century and needs to be placed under an electricity emergency, President Hugo Chavez said Monday in his new, any-time radio program Suddenly With Chavez.

Union of South American Nations, Unasur, leaders meet Tuesday in Quito, Ecuador to discuss the continent’s response to the crisis in earthquake devastated Haiti. The extraordinary summit’s initiative was sponsored by Ecuador’s president Rafael Correa following his visit to Haiti where he met with President René Preval.

Laura Chinchilla, a protege of Nobel peace laureate President Oscar Arias, won a landslide election victory in Costa Rica on Sunday to become the country's first woman elected president.

The International Institute for Strategic Studies (IISS), a British research institute focusing on international security, revealed that Russia in 2009 became the main exporter of weapons to Latin America thanks to the purchases made by Venezuela, but also to Brazil, Mexico, Peru and Colombia.

Costa Verde Aeronautica SA, the holding company owned by Chile’s Cueto family, plans to raise 1 billion US dollars in a move analysts say will finance the purchase of Lan Airlines SA shares from President-elect Sebastian Piñera.

Mercosur presidents have confirmed attendance to the inauguration next March first of Uruguayan president-elect Jose Mujica who will be heading a second consecutive government of the catch-all centre left coalition Broad Front.

Costa Rica next Sunday will be electing a successor to president Oscar Arias out of nine hopefuls among which leading public opinion polls is his sponsored candidate, Laura Chinchilla, followed by Conservative Otto Guevara and Socialist Ottón Solis.

Chilean president Michelle Bachelet promulgated this week a bill with sweeping changes in the Defence ministry and Armed Forces structure including the creation of a post equivalent to that of chairman of the Joint Chiefs of Staff.