
Brazil's former President Lula Da Silva blasted the protectionist measures of the developed countries and called for the alliance between businessmen from his country and Argentina's, as he highlighted that Brazil grows, but with a controlled inflation rate.

When Argentina proposed a brutal 65% haircut to holders of its defaulted sovereign bonds in a 2005 restructuring, one argument the country’s officials used to justify the offer was that the country could not take on more debt than it could reasonably expect to pay. As painful as the loss might be, the argument went at least the new bonds the government would issue would be creditworthy.

In one of her latest surprise moves to prop gender and culture, President Cristina Fernandez has named soft-core porn film star Isabel Sarli, as the country’s official ambassador of pop culture.

Almost a week after winning the Nobel Peace Prize, the European Union has finally decided who will collect the award. Rather than one person making the trip to Norway on Dec. 10, the EU has decided it will send three people: one to represent each of its main institutions: the European Commission, the European Council and the European Parliament.

Uruguay's Congress voted narrowly to decriminalize abortion under certain circumstances, mainly during the first 12 weeks of pregnancy. The Senate voted 17 to 14 in favour of the controversial bill, which was passed by the lower house last month after 14 hours of debate. President Jose Mujica said he would sign the bill into law.

US voters say that President Barack Obama performed better than Republican rival Mitt Romney by a substantial margin in their second debate, according to a Reuters/Ipsos poll released on Wednesday.

Members from the indigenous Mapuche community in Patagonia protested angrily at the south Argentina resort of Bariloche demanding that a statue in honour of President General Julio A Roca be removed since “he was responsible for the greatest genocide in our history”.

Mexican President-elect Enrique Peña Nieto called in London this week for expanded “cooperation and trade” between his country and Britain based on their shared vision of “free trade”.

Brazil's deeper-than-expected economic slowdown is amplifying the deceleration already being experienced by Argentina and Uruguay as a result of the global slowdown, according to a new Fitch Ratings report.

By 2022 if all works out as planned the Aconcagua Bi-Oceanic corridor should link the Atlantic with the Pacific coast of South America facilitating trade and business opportunities.