Brazil's oil and gas industry already represents 9% of the country's GDP and should be reaching 10% some time next year, according to Haroldo Lima head of the Oil, Gas & Biofuels Nacional Agency.
The Canadian Parliament formally recognized this week French speaking province Quebec as a nation within Canada following a motion presented by Conservative Prime Minister Stephen Harper.
The United States economy appears healthy and likely to continue growing at a moderate rate over the next year or so, causing price pressures to gradually ebb, but risks of inflation and a worse than expected housing slump could complicate said Federal Reserve Chairman Ben Bernanke in New York.
United States Treasury Secretary Henry Paulson said Tuesday in London that the need for greater currency flexibility is a short term issue facing US-China relations.
Argentine fisheries exports are forecasted to reach over a billion US dollars this year according to Fisheries and Aquaculture Under Secretary Gerardo Nieto.
Chile begun last Friday de-mining operations in a strategic area of Tierra del Fuego, the first chapter of a project to free the area from the 130.000 antipersonnel and anti tank mines dating back thirty years in the peak of tension with Argentina.
President Hugo Chavez told hundreds of thousands of red-clad supporters Sunday that he will win re-election next weekend by an overwhelming margin and dedicate his victory to ailing Cuban leader Fidel Castro.
Argentina is planning to limit beef exports by 30% and to make cattle's slaughtering weight more flexible in an attempt to increase domestic supply, according to press reports in Buenos Aires.
Brazil could be forced to abandon its comfortable neutrality and help finding a negotiated solution to the Argentine/Uruguay dispute over the pulp mills, if its regional leadership role is not be eroded, argues Monday the Sao Paulo financial daily Valor.
Spanish airline Iberia carried out landing and take off tests in the Gibraltar airport runway over the weekend in anticipation of the first formal flight scheduled for next December 16.