
Chinese military officials have confirmed that the country is completing work on its first aircraft carrier, based on the hull of Russian carrier Varyag.

When the sun began to set on Thursday evening, the Mapuche people prepared for one of the most ancient celebrations in their history: the We-tripantu, or the New Year.

Brazilian and Spanish candidates are leading the field for the Sunday June 26 upcoming election for the next head of the Food and Agriculture Organization in Rome, the UN agency leading the struggle against global hunger.

Bolivia’s government estimates that 85,000 cars will benefit from its new amnesty program that allows undocumented vehicles to register without prior paperwork. Chileans are not pleased about the path to immunity.

Former member of the Falkland Islands Legislative Assembly, Mike Summers has been voted back into the government by a substantial margin. Voting took place in Stanley on Thursday in a by-election, which saw 51% of the electorate going to the polls.

Oil rose in New York, recovering from a plunge sparked by an International Energy Agency announcement that its members will release crude from strategic reserves.

Brazilian president Dilma Rousseff said she is convinced of her Argentine peer Cristina Fernandez de Kirchner re-election victory next October 23. Argentina is Brazil’s main associate in Mercosur and third trade partner.

The G20 farm ministers’ summit in Paris agreed on Thursday measures to tackle high food prices in a deal that steered clear of divisive details and paved the way to greater international cooperation on sensitive agricultural issues.

The European Parliament formally endorsed on Thursday Italy's Mario Draghi to be the next president of the European Central Bank. European Union leaders are expected to give their formal backing to the appointment at a summit allowing Draghi, 63, to take over as head of the bank when Jean-Claude Trichet steps down at the end of October.

Argentine president Cristina Fernandez de Kirchner has a 42% vote intention and in some districts of the country her support soars to 70%, according to consultants Public Opinion Studies, Centre, CEOP, released on Wednesday. Similarly Cristina Fernandez has at least a 25 points lead over her closest runner up.