
Uruguay will consult with Iran the possibility of exporting rice in exchange for oil, the government of President Jose Mujica said on Friday.

The Argentine government spent 1.225 billion Pesos (307.8 million dollars) in 2010 on public advertising campaigns, noting an increase of 25 times since 2003, according to a recent study (*) released by Poder Ciudadano, the Argentine national chapter of Transparency International.

The Economist argues that with the latest legislation, the Argentine central bank has lost its legal independence and become the piggy bank of President Cristina Fernandez government.

European governments called for a bigger global financial emergency fund after engineering a firewall to fight the region’s debt crisis that tops the symbolic 1 trillion dollars mark.

India and Brazil on Friday decided to step up efforts to push the UN reforms, particularly the Security Council and signed half a dozen agreements in areas ranging from science and biotechnology to cultural exchanges.

Brazil will extend a payroll tax break to some manufacturers as part of a package of new measures to help struggling industries in a move to help the recovery of Latin America's top economy, a senior government source revealed to the local media.

Argentina is considering applying measures to restrict the import of Mexican cars, which could include unilaterally denouncing the Economic Complementation Agreement (ACE) 55, which regulates bilateral trade, Argentine government sources told local media, ámbito.com.

Brazilian authorities identified a small oil leak off the shores of Rio de Janeiro on Saturday, the latest in a series of spills that has raised safety concerns over the development of some of the world's largest petroleum reserves.

Former Argentine president Carlos Menem was ordered Friday to stand trial for obstruction of justice in a probe of the 1994 bombing of a building housing Jewish charity that killed 85 people.

By Jimmy Burns - ‘La Presidenta’ relishes a battle – not least with the old enemy over the future of the Falklands. But is she losing her grip at home in Argentina?