Argentina is forecasted to become a net importer of crude by 2008/2010 if the absence of oil exploration persists according to Argentine consultants.
Argentina's tourism boom boosted by a weak local currency and relatively cheap assets and real estate by international standards has prompted construction of scores of new hotels, including some particularly luxurious properties.
Over half of Brazilian workers make their livings in the informal economy, estimated in 122 billion US dollars, according to an official report published Sunday in O Globo by the Brazilian Geography and Statistics Institute, IBGE.
Brazil and United States still believe it's possible to salvage global trade liberalization talks and agreed on the urgency of reaching a deal before the end of the year.
Venezuela is considering cutting the oil supply to United States if Washington persists with its current hostile policy towards the President Hugo Chavez regime.
Mexico's populist candidate Andres Manuel Lopez Obrador organized this Sunday another massive political rally in the heart of Mexico City to demand a vote by vote recount of the July 2 presidential election ballot.
Chile's government owned petroleum company ENAP teamed up with Chilean group Copec and British Gas for the building of an electricity generating plant with an estimated investment of 300 million US dollars.
Argentina's former Minister of Economy Roberto Lavagna took distance from the current state oriented and market intervention policies of President Nestor Kirchner's administration
Based on information from Falkland Islands censuses, the recently created Argentine Parliamentary Observatory argues that Great Britain is not entitled to claim the self determination principle in the Islands since the population was implanted.
A group of stunning Brazilian stewardesses from the former airline Varig are negotiating a contract with Playboy magazine for the publication of nude photographs.