
Venezuelan President Hugo Chavez said that former Polish president and Nobel Prize winner Lech Walesa won't be allowed to visit his country.

Four foreign companies are interested in mining lithium in Salar de Uyuni, the world's largest known deposit of that metal, with the aim of producing automobile batteries, a Bolivian government official said this week.

Cuban dissidents expressed disappointment that Chilean President Michelle Bachelet is not interested in meeting with them during her official visit to the island, adding that her personal history as victim of political persecution makes the issue even more regretful.

Chilean President Michelle Bachelet began Wednesday a three day official visit to Cuba, the first such visit by a Chilean leader in almost four decades.

Colombian state oil company Ecopetrol and its South Korean counterpart, Korea National Oil Corporation, have acquired Peruvian private oil firm Petro-Tech Peruana S.A. for 900 million US dollars.

Bolivia and Russia signed a long term agreement on investment and cooperation in the area of gas and petroleum research which is estimated could reach 3 billion US dollars, it was announced in La Paz.

United States Agco Corp. warned that industry-wide farm-equipment sales in South America could fall by almost a third this year due to drought and tough credit conditions.
Chile's trade surplus plunged 70% to 667 million US dollars during January compared to the previous month according to the latest release from the Central Bank. This also compares negatively with the 2.3 billion US dollars of the same month a year ago.

Germany was the world's biggest goods exporter for a sixth straight year in 2008, staying just ahead of China by shifting nearly 1.5 trillion US dollars worth of merchandise, the World Trade Organisation (WTO) said on Monday.

Bolivia and Venezuelans, South Africans and citizens from Lesotho and Swaziland visiting the United Kingdom will need a visa, under new rules issued by the Home Office. The named countries failed a test of the threat posed by their citizens in terms of security, immigration and crime.