President Alvaro Uribe's hometown newspaper reported Thursday that Colombia's immensely popular leader will not seek a third consecutive term in 2010 elections.
While bankers and politicians met this week in Davos for the World Economic Forum a rival summit in the Brazilian city of Belem challenged them and blamed the capitalist system for the current global crisis.
A Colombian delegation headed by Senator Piedad Córdoba left for Brazil on the first leg of a multi-day journey to obtain the release of six hostages held by the FARC guerrilla group. The first stop is at San Gabriel de Cachoeira in Brazil's Amazon jungle, where the group will coordinate the hostage release
Chile's Party for Democracy, or PPD, named former president and leader of the Christian Democrats Eduardo Frei Ruiz-Tagle as presidential candidate for the December election.
Landlocked Bolivia has declared a health emergency as a dengue fever epidemic spreads across much of the country. Health officials say it is the worst outbreak in 22 years and at least three people are known to have died from the disease.
Mexican migrant remittances fell in 2008 for the first time on record, Mexico's central bank said Tuesday. Remittances are Mexico's second-largest source of foreign income after oil and they plunged 3.6% to 25 billion US dollars in 2008 compared to 26 billion for the previous year.
President Hugo Chavez boasted that Venezuela has more foreign reserves to face the current global crisis that Spain or Germany, following a cabinet meeting which was broadcasted live.
United States Defence Secretary Robert Gates told Senators that although much attention was given to Russia's recent courting of some Latin American countries he is more concerned about new activities of Iran in the region.
Bolivian president Evo Morales described as encouraging the congratulation message from President Barack Obama administration on Sunday's referendum for the approval of a new constitution, according to reports in the Cuban television.
The International Labour Organisation (ILO) says as many as 2.4 million Latin Americans could lose their jobs this year due to the global economic crisis.