
Venezuelan President Hugo Chavez and Colombian counterpart Juan Manuel Santos agreed Tuesday to strengthen ties through energy projects as they sought to improve relations and leave behind recent bitter disputes.

China’s sovereign wealth fund has urged the Obama administration to spend 1trillion US dollars on infrastructure over the next five years, to create jobs and improve US competitiveness.

Cuban President Raul Castro told unionists to accept layoffs and reforms that open the way for private enterprise as necessary for the survival of socialism.

Brazil’s Lula da Silva could implement a series of austerity measures and spending cuts during the last two months of his presidential period in order to leave an easier scenario for president-elect Dilma Rousseff, reported Folha de Sao Paulo newspaper.

After years of political division, Europe's two biggest military powers have come together to sign a historic defence-sharing agreement.

Dilma Rousseff became on Sunday Brazil’s first woman president and the first former guerrilla to reach the highest post in the country. In spite of being described by her mentor Lula da Silva as “a first class (electoral campaign) warrior and excellent manager” Ms Rousseff faces phenomenal challenges, not least the legacy of who handpicked her.

Argentine President Cristina Fernández de Kirchner spoke Monday at Government House and addressed, for the first time, the death of her husband and ex President Néstor Kirchner.

Argentina and Brazil have signed a letter of intent to jointly develop the KC-390 twin-engine military cargo aircraft, announced Argentina’s Defense minister on Monday.

Brazilian President-elect Dilma Rousseff named a market-friendly transition team on Monday as she prepares to take the helm of a booming economy threatened by heavy government spending and an overvalued currency.

The new head of the British armed forces has said it makes absolute sense for the United Kingdom and France to work together on defence, ahead of a summit on Tuesday. PM David Cameron and French President Nicolas Sarkozy are expected to sign a defence treaty improving collaboration between the two countries.