
Brazilian government is facing a political backlash over its apparent efforts to force out the head of mining giant Vale, the world’s largest iron ore miner. Opposition leaders on Thursday demanded Finance Minister Guido Mantega explain reports he asked a shareholder of Vale to help seek a replacement for CEO Roger Agnelli.

The International Monetary Fund said Thursday it will send a team to Argentina again next month to continue work on revamping the government's discredited inflation measure, and will provide specific recommendations.

US President Barack Obama expressed concern about the recent incident in which Argentina seized part of the cargo of a US military plane that was carrying supplies for a joint military exercise, according to US newspaper The Miami Herald’s Argentine columnist Andrés Oppenheimer.

Bolivia is prepared to take Chile to the International court of The Hague over its claim to a section of Pacific coast that it lost in a war more than 130 years ago, Bolivian President Evo Morales said Wednesday.

EU leaders are grappling with a new Euro zone threat after Portugal's parliament rejected an austerity budget and PM Jose Socrates resigned. The vote means an international bail-out, similar to those accepted by Greece and the Irish Republic last year, is now far more likely.

Argentina’s organized labour leader Hugo Moyano called on Wednesday for additional workers' presence in the ballots for the coming October election. “It’s not possible that us workers, who created Peronism, are excluded from the ballots” he said.

The Colombian military began using US supplied drones for counter-terrorism and narcotics operations in 2006, U.S. documents released by WikiLeaks indicate.

Cuba’s last prisoners from among the “Group of 75” dissidents rounded up and jailed by the Castro brothers’ regime in March 2003 were freed Wednesday.

The United States must pay more importance to its strategic alliance with Brazil if it really wants to benefit from Petrobras’ recently discovered deep-water oil and natural gas reserves in the Atlantic Ocean, the company’s CEO, Jose Sergio Gabrielli, said.

Guatemalan President Alvaro Colom and wife Sandra Torres have filed a request for “divorce by mutual consent” to allow the first lady to run in September’s presidential election, the judiciary this week.