
Large capital inflows to Latin America have resumed in recent months, which may result in a threat of overheating and asset price bubbles if they continue, according to a Capital Economics report.

The apparent change in Argentine policy towards the Falkland Islands by offering three direct flights to the Islands from Buenos Aires instead of cutting the air link with Chile, as had been anticipated, was described by Chilean diplomatic sources as “an attempt to collect international support and look less mean”.

Uruguay's economy is poised to expand 4% to 4.5% this year, a moderate slowdown from the growth of just over 6% seen in 2011, the president of the central bank Mario Bergara told reporters during an IMF conference held in Punta del Este.

President Hugo Chavez said he will need radiation treatment for cancer in the run-up to Venezuela's October presidential poll though he insisted there was no metastasis after the removal of another tumour.

The Union of South American Nations, Unasur presidents have been invited by Argentina to a ceremony in Ushuaia, Tierra del Fuego, next 2 April when the official beginning of the Malvinas war three decades ago.

Surgeons completely removed a lesion from Venezuelan President Hugo Chávez's pelvis and the populist leader is in good physical condition after the operation in Cuba, Venezuela's vice president said on Tuesday.

Seven out of ten Argentine cars that cross to Chile return home with electronic devices and home appliances bought in some Chilean city, according to a report from the Buenos Aires daily La Nación.

Another British cruise vessel had to cancel its visit to a South American port, this time in Chile but not because of political disputes with the UK, but rather as a direct consequence of local protests against the national government.

Santiago de Chile has the highest skyscraper in South America: the Gran Torre Costanera reached this condition when it surpassed the 300 metres height. The 107.125 square metres block has been designed by Chilean architects Alemparte, Barreda & Associates together with Pelli, Clarke, Pelli Architects, responsible for the Petrona Towers in Kuala Lampur.

Venezuelan President Hugo Chavez came out of cancer surgery overnight in Cuba and is recovering in a hospital, two sources said on Tuesday, but there was still no official word on the leader's condition.