The Argentine government confirmed Mercedes Marco del Pont as president of the Central bank. She supported and executed the controversial use of international reserves to pay sovereign debt, an issue which forced the ousting of her predecessor in the post, respected banker Martin Perez Redrado.
The number two leader of the Colombian FARC guerrilla group has been killed in a military raid, President Juan Manuel Santos said Thursday. Victor Julio Suarez Rojas, also known as Jorge Briceño Suarez and by his nom de guerre Mono Jojoy, was the military leader for the Revolutionary Armed Forces of Colombia.
Santos called the rebel leader's death a historic event.
President Barack Obama has told the UN a revamped US foreign aid policy will help lift nations out of poverty by focusing on good governance and encouraging trade and investment.
Landlocked and Mercosur member Paraguay will formally complain to its peer Argentina the non consulted and unilateral decision to build a canal adjacent to a shared river that acts as a natural border and provides both sides’ agriculture and ecosystems with a vital water supply.
Argentina leading business associations representing agriculture, industry, banking and construction sectors rejected point blank the bill out lined by a Kirchnerite lawmaker for the distribution of company profits among workers and employees.
The Venezuelan opposition is certain to make gains in Sunday’s legislative elections but not enough to wrest legislative control from President Hugo Chavez in the 12th year of his socialist revolution.
The US Treasury Department official in charge of overseeing the government's Troubled Asset Relief Program (Tarp) is stepping down. Herb Allison said that he was resigning now that the US bail-out programme was winding down.
President Lula da Silva’s comments on freedom of the press are “something dangerous” and put him on the tracks of “Venezuelan leader Hugo Chavez” said the president of the Inter-American Press Association (SIP), Alejandro Aguirre in an interview published in Brazilian newspaper O'Globo.
President Raul Castro sacked his energy and resources minister, the last remaining minister from his brother Fidel cabinet. Minister for basic industry, Yadira Garcia, was fired late Sunday for shortcomings, specifically exerting weak control over resources set aside for investment and production, an official declaration read on state television said.
In anticipation of a new round of Mercosur/European Union trade talks to take place in Brussels, EU Trade Commissioner Karel De Gucht confirmed he remained hopeful a deal could be struck in the coming twelve months, following the recent experience with South Korea.