The International Monetary Fund called on Uruguay for more fiscal discipline and reforms to the pensions and finance systems in the latest edition of its World Economic Outlook.
Brazilian president Luiz Inacio Lula da Silva will announce Friday that the country has become self sufficient in oil with a daily production of 1.9 million barrels per day.
Latin America will continue on its growth track and the regional economy should expand 4.3% in 2006 according to the International Monetary Fund (IMF) Economic Outlook released Wednesday.
The planned expansion of the Panama Canal, to be financed by users, is expected to create some 240,000 jobs, said the water-way deputy manager Manuel Benitez.
Argentine president Nestor Kirchner once again called on the European companies, Finnish Botnia and Spanish Ence, building pulp mills in Uruguay to temporarily suspend construction.
Forty-five years after the Cuban communist regime successfully defeated a Untied States supported invasion in the Bay of Pigs, Fidel Castro accused Washington of continued harassment and pledged he would never beg the US for peace.
Tierra del Fuego Senator Mario Daniele presented a bill proposing stronger sanctions on those foreign flagged fishing vessels caught in Argentina's EEZ operating with illegitimate licences extended by the Falkland Islands government.
Conservative Member of the European Parliament for the South West and Gibraltar Mr Neil Parish visited his constituents on the Rock last week and was briefed on the latest developments in Gibraltar.
Venezuelan Vice President Jose Vicente Rangel said Wednesday that the United States military exercises in the Caribbean are not going to intimidate us.
Uruguayan president Tabare Vazquez said that Mercosur is not useful to his country's aspirations and proposed deep changes in the functioning of the South American block which also includes Argentina, Brazil and Paraguay.