London's Mayor Ken Livingstone signed an oil deal with Venezuela providing cheap fuel for London's buses and giving cut price travel for those on benefits, reports the BBC.
Bolivian President Evo Morales vowed to continue what he called his ''peaceful, democratic revolution'' and insisted that his job is to take care of the poor.
The Peruvian government has decided to auction the presidential aircraft as part of its austerity policy announced cabinet chief Jorge del Castillo. Earlier in the week President Alan García described the aircraft as a frivolity symbol.
The number of hotel bookings and passengers this season in Punta Arenas has not been homogeneous according to a survey among the main hotels and published in the local La Prensa Austral.
Chile's oil corporation ENAP began drilling for natural gas last February 15 in continental Magallanes Region in an area identified as Dorado-Riquelme to the north east of Punta Arenas.
The possible strike comes only a week after the new transit system was inaugurated and caused widespread confusion and public outrage after getting off to a slow start. Fenattrans president Sergio Cifuentes said the union was protesting the government for not responding to seven requests that the union sent to the government on January 8.
The free trade agreement which the George Bush administration signed with Colombia is stalled in the US Congress and could face further delays because of the alleged links of the Colombian President Alvaro Uribe administration with para military forces.
Venezuelan President Hugo Chavez announced Friday plans to reduce the value-added tax and reform the currency, in an effort to curb inflation and product scarcity.
Latin America's current drift to the political left suggests voters are uncertain, and in some cases dissatisfied, with their economies, said on Friday the head of the International Monetary Fund Rodrigo de Rato addressing a business conference in New York.
Venezuela will reinforce security measures after a branch of al Qaeda called for attacks on suppliers of oil to the United States, the defence minister said on yesterday.