Repsol has made a significant new oil find in the deepwater area of the Gulf of Mexico, in US waters. The discovery was made in the Buckskin well in Keathley Canyon, 300 kilometres offshore Houston.
Mexico's central bank and finance ministry confirmed that the bank had intervened on Wednesday to prop up the ailing peso currency by selling dollars directly to market players.
The discovery of fossilised remains belonging to the world's largest snake has been reported in Nature journal. Titanoboa was 13 meters long - about the length of a bus - and lived in the rainforest of north-east Colombia 58-60 million years ago.
Trade, investment and other cooperation between developing countries – so called ”South-South exchange – could soften the blow of the economic crisis on vulnerable economies, the head of the United Nations agency that promotes commerce to fight poverty said on Wednesday.
Bolivia's Public Health Minister Ramiro Tapia admitted Wednesday that the mosquito transmitted dengue epidemics which has extended to the whole territory is out of control and said a total 8.152 cases had been reported of which 7 deaths.
Punta Arenas in the extreme south of Chile will be taken over by 4.175 cruise visitors when two huge vessels, Star Princess and Radiance of the Seas call in on Saturday. Carnival Splendour with 3.700 visitors is expected at the end of the month.
Colombia's biggest guerrilla group freed Tuesday former Governor Alan Jara, a captive for almost eight years, in what it called goodwill gesture even as the rebels step up terror attacks on the nation's cities.
Brazil's president Lula da Silva had a stunning 84% approval during January the highest since taking office in 2003, according to the latest public opinion poll published this week in Sao Paulo. Meanwhile his Chilean counterpart Michelle Bachelet is recovering from low records and now has a 53% support the second highest since December 2006 (54.3%).
Chile will be hosting at the end of March the Progressive Leaders' summit which is organized by the British think-tank Policy Network. The previous event was in London, last April hosted by Prime Minister Gordon Brown as head of the Labour party.
Venezuelan President Hugo Chavez has declared a national holiday to mark his 10 years in power. The capital, Caracas, was quieter than usual, as workers and children stayed away from offices and schools.