Brazil, once almost completely dependent on imports for oil, early next year, Brazil will begin producing as much oil as it consumes, and shortly thereafter it'll join the ranks of the world's net oil exporters.
Thousands packed Saint Peter's Basilica for Pope Benedict's first midnight mass at the Vatican. Outside the church, in the square, many more braved the cold night air and watched the ceremony on giant screens.
The Peruvian government has formally approved 12 of the 17 charges that it plans to present in the extradition case against former president Alberto Fujimori
Former Argentine president Fernando De la Rua accused Friday president Nestor Kirchner of taking Argentina to the dangerous threshold of fascism for having disrespected and poked fun of presidential institutions.
With the vote count almost completed and no prospects of dropping below the 50% benchmark, coca growers' leader Evo Morales will become next January 22 Bolivia's first even Indian president.
Brazilian government owned oil-company Petrobras confirmed Thursday the acquisition of Anglo-Dutch oil giant Royal Dutch Shell assets in Colombia, Paraguay and Uruguay totalling 140 million US dollars.
Argentine Beef Packers opened its first lamb export plant in 2002 in Esquel which was very successful, despite the long distance in bringing lambs up from Santa Fe.
The first exports flight carrying 16 tons of shrimp processed in the Argentine Patagonian province of Chubut left the Comodoro Rivadavia airport en route to Europe.
London's winning bid for the 2012 Summer Olympics could have been helped by an International Olympic Committee member pressing the wrong button during the voting process, according to a BBC report.
Peru's president declared a state of emergency in six jungle provinces and promised to stamp out the nation's remaining Shining Path guerrillas after suspected rebels killed eight police officers in an ambush.