Four ministers in President Jorge Batlle's Cabinet have resigned to protest his handling of the economy, escalating a crisis in his ruling coalition.
Luiz Inacio Lula da Silva, Brazil's leftist president-elect, is seeking a broad consensus in order to try to deal with problems as big as his sprawling country.
Headlines: Praise from Wall Street; Crucial FTAA meeting; US record budget deficit; Poverty grows in Latinamerica
I expect financial markets to cool down now that we have the election results, was one of the first remarks of Brazil's elected president Luiz Inacio Lula da Silva.
Former president Carlos Menem is the only pre candidate for the coming Argentine presidential election that seems to be picking up support according to the latest opinion poll published in Buenos Aires last weekend.
Forecasting an upturn in Argentina; Pending differences with the IMF
Mexico could increase oil production in the event of a war in Iraq, the director of state-owned Petroleos Mexicanos (Pemex) said yesterday.
Reconstruction of Mercosur, following its two largest members Argentina and Brazil economic crisis, will become the main priority of our foreign policy, wrote Luiz Inacio Lula da Silva, most certainly Brazil's next president in this coming Sunday's runoff.
Brazilian financial markets rose strongly on Wednesday morning amid growing expectations that an incoming Workers' party (PT) government may be able to maintain economic stability and advance structural reforms.
Chile opens to Argentine beef; Military rattling in Venezuela; Argentina reviews Antarctic operation; Antarctic climbing expedition;
Peronist summit; Confrontation in Venezuela worsens; Chile confident about Lula