
The Venezuelan government is organizing a massive turnout for Thursday January 10 in support of re-re-elected president Hugo Chavez with the attendance of several Latinamerican leaders in what has been described as a “virtual taking office” ceremony.

Government expenditure in Chile expanded an estimated 5% last year while the economy grew 5.5%, making it the second consecutive year in which the economy outperforms outlays.

The Argentine government confirmed on Monday that President Cristina Fernandez would be flying on Thursday to Cuba to visit her Venezuelan peer Hugo Chavez, fighting for his life after a fourth cancer surgery with complications, and on the day which he should be taking office after October’s re-re-election.

Venezuela’s Catholic Church issued a veiled warning to the government on Monday against overriding the constitution by delaying cancer-stricken Hugo Chavez's inauguration for a new term as president.

President Sebastián Piñera is considering declaring the state of emergency in the Araucanía region, in southern Chile, where six arson attacks which cost the lives of two people took place since Friday, Interior Minister Andrés Chadwick said.

Consumer prices in Uruguay ended the year at 7.48% after recording the lowest December percentage in forty years: a negative 0.73%. However analysts and consultants anticipate that inflation in the first quarter of 2013 will remain above an annualized 8%.

North-east Brazil is suffering its worst drought in decades, threatening hydro-power supplies in an area prone to blackouts and potentially slowing economic growth in one of the country's emerging agricultural frontiers.

Venezuelan President Hugo Chávez' formal swearing-in for a new six-year term scheduled for January 10 can be postponed if he is unable to attend due to his struggle to recover from cancer surgery, his vice-president said on Friday.

Competitors are putting the final touches to their motorcycles, quad bikes, cars and trucks ahead of the start of one of the world’s most extreme races. The Dakar Rally returns once again to South America, beginning in Lima, capital of Peru on Saturday January 5, before making its way to Santiago de Chile for a grand finale outside La Moneda on January 20.

The European Union expects to advance cooperation and trade discussions with Mercosur late this month in Chile in the sidelines of the EU/Celac (Community of Latin American and Caribbean States), said EU ambassador in Chile, Rafael Dochao Moreno.