
Brazilian President Dilma Rousseff reached out to political allies to stem a growing rebellion within her coalition after the resignation of a fourth minister threatened to further tense already strained relations.

US ratings agency Standard & Poor's downgraded Venezuela's foreign and local currency sovereign ratings by one notch Friday, citing the country's political risk as a credit weakness.

US Vice President Joe Biden rejected views that US power is waning and said Washington would never default, wrapping up a China visit that has played down tensions between the world's two biggest economies. He also anticipated 2012 was a ‘transition year” both for the US and China

Venezuela’s central bank has requested its 99 tons of gold holdings from the Bank of England, according to a bank statement sent by e-mail, citing the institution’s president Nelson Merentes.

One the men arrested for the July murder of two French tourists in Argentina's Salta province has confessed he was at the scene of the crime, his lawyer said Saturday.

A convoy of Libyan rebels rolled early Monday morning into central Tripoli past celebrating crowds after a day of heavy fighting in and around the capital. Crowds on Green Square cheered them, waving flags and firing salutes.

Last Sunday’s landslide victory of Argentine president Cristina Fernandez not only showed her domain of the political stage but also weakened some of her ‘inevitable’ allies that challenge her authority: such is the case of the powerful CGT organized labour leader Hugo Moyano.

Peru has temporarily halted the eradication of coca plants used to make cocaine as it works to redesign its anti-drug programs, the country's interior ministry announced this week.

The following feature piece from Reuters written by Hillary Burke and Malena Castaldi gives an idea of Uruguay’s international standing.

The United States economy is growing so slowly that it will take years to wrench lofty unemployment rates back to normal levels, Cleveland Federal Reserve Bank President Sandra Pianalto said.