
The United Nations’ food agency, FAO, elected Brazil’s Jose Graziano da Silva as its Director General, the first new leader in almost two decades as the world faces near-record food prices that are driving millions into poverty.

Australia and Canada said they support Mexican central bank Governor Agustin Carstens for the top job at the International Monetary Fund over his rival Christine Lagarde, the French finance minister.

Mercosur summits have become a display of empty rhetoric, full of protocol and ‘family photos’ but with no full hearted willingness to achieve a solid, fair integration, claimed the head of the Paraguayan delegation before Parlasur, the Mercosur Parliament.

Hedge funds are behind land grabs in Africa to boost their profits in the food and bio-fuel sectors, a US think-tank says. In a report, the Oakland Institute said hedge funds and other foreign firms had acquired large swathes of African land, often without proper contracts. It said the acquisitions had displaced millions of small farmers.

One of the great clubs of South American football, River Plate was relegated on Sunday from the Argentine first division for the first time in their 110-year history triggering clashes between enraged fans and the police that left dozens hospitalized and arrested.

Provincial voting in the extreme north and extreme south of Argentina confirmed on Sunday support for the administration of Cristina Fernandez de Kirchner and her ‘development model’ to be tested next October when she will be running for re-election.

Hundreds of thousands of people dancing and wearing costumes packed on Sunday the streets of Sao Paulo, South America's biggest city to celebrate June 26 gay pride day and call for an end to homophobia.

Venezuela’s Deputy Foreign Affairs minister Temir Porras said on Saturday President Hugo Chavez was rapidly recovering from surgery and described reports to the contrary published in the Miami press as ‘day dreaming’

Ecuador’s bonds are rewarding investors with the best performance in Latin America as Chinese loans and higher oil prices boost confidence in the economy two years after the country defaulted on 3.2 billion US dollars in debt.

Argentine president Cristina Fernandez de Kirchner picked Economy minister Amado Boudou to be her running mate in the presidential ticket for the October 23 election praising his loyalty and capacity to understand and accept change.