Brazilian opposition candidate Jose Serra has become the top presidential contender in Brazil, according to the latest public opinion poll by Ibope. Almost 36% of respondents said they would vote for the current Sao Paulo mayor and Brazilian Party of Social Democracy (PSDB) member in the next election.
Maoist guerrilla Shinning Path threatened to boycott Peru's general election next April and the Peruvian government promised it will combat all armed groups endangering the electoral process.
Argentina and Chile will sign this week an agreement for the creation of a combined regional military force in support of United Nations peace efforts worldwide.
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.