Colombia's Alvaro Uribe, Brazil's Lula da Silva and Uruguay's Tabare Vazquez figure as the leaders with the best performance record according to the 2008 edition of the Ibero-American Governance Barometer 2008.
Peruvian President Alan Garcia announced Saturday that he has appointed a leftist governor as Peru's prime minister, a day after the entire Cabinet resigned amid a brewing oil kickbacks scandal. Longtime politician Yehude Simon, 61, will replace outgoing Prime Minister Jorge del Castillo, Garcia said.
Latin America's governments will have to watch carefully their financial systems liquidity and try to ensure gains in eliminating inflation, said on Friday Anoop Singh, the International Monetary Fund Director for the region.
Chile is interested in purchasing another batch of refurbished F 16 fighter bombers for the Air Force, according to diplomatic sources in Santiago which was partially confirmed by Defence officials.
Shinning Path rebels ambushed a column of military trucks in the Peruvian south-eastern mountains with bombs and gunfire killing 12 soldiers and 7 civilians said Peru military high command. It's the deadliest rebel attack in years.
Following on a joint initiative from United States and Brazil the Group of 20, or G-20, will be holding an extraordinary meeting next Saturday in Washington to address the current financial global crisis and its impact on emerging economies.
The cruise ship business this coming 2008/2009 season is expected to contribute roughly 45 million US dollars to Chile's economy, according to the Southern Cone Ports Corporation.
Latin-American countries moved quickly this week to face the global financial crisis and came out with a battery of measures pumping billions of US dollars to try and contain the threat of recession.
Puerto Williams in Chilean Tierra del Fuego will have its airstrip expanded and facilities improved to allow commercial flights thus helping to increase opportunities for the regional tourism industry.
The 2008 ozone hole over Antarctica is larger both in size and ozone loss than 2007 but is not as large as 2006, according to the European Space Agency.