
President Barack Obama has cancelled a public speech he was scheduled to deliver Sunday in Rio’s main square during his visit to Brazil, the US embassy in Brasilia said.
The speech in the historic plaza known as Cinelandia, in the heart of Rio de Janeiro, is cancelled said an embassy spokesperson.

Brazil’s President Dilma Rousseff said that Barak Obama’s visit this weekend strongly consolidates the perception that Brazil “could be an important partner” for the United States, during a press interview.

By President Barack Obama
In recent weeks, we've seen how turmoil and tragedy around the globe can affect our own prosperity and security; how events abroad often have implications for everything from markets on Wall Street to families' wallets on Main Street. And as a nation, we will continue to do everything we can both to promote stability and democracy in the Middle East and help the people of Japan recover from the devastating earthquake and tsunami.

The fourth round of European Union/Mercosur negotiations for a trade agreement concluded in Brussels Friday with no major advances which could be a setback for the original plan to have a deal sealed by the end of the year.

United States President Barack Obama called his British and French counterparts on Thursday and the three agreed Libya must comply with a new U.N. Security Council resolution, the White House said.
Obama, British Prime Minister David Cameron and French President Nicolas Sarkozy also agreed that violence against the civilian population of Libya must cease.

Argentina’s powerful truck drivers’ union called for a strike to be held on Monday to show their support to the head of the CGT Labour confederation, Hugo Moyano and his family that are being investigated in Switzerland for alleged money laundering.

Disappointed and shocked with the self-centred performance of President Cristina Kirchner at the G-20 summit in Washington in 2008, a group of powerful countries seriously considered kicking Argentina out of the industrialized and emerging countries’ Group of Twenty.

The Argentine senate unanimously approved Wednesday a bill that bars companies and persons from participating in hydrocarbons exploration and exploitation activities in the Argentine continental platform (which includes the Falkland Islands), and proscribes fines for infractions and barring periods of time from 5 to 20 years for companies that violate the law.

Hugo Chavez became president of Venezuela in 1998 on the strength of his promises to stamp out corruption. Venezuela had been a democratic showcase for the hemisphere from 1958 to the early 1970’s but after receiving a huge oil income in the mid-1970 the quality of government deteriorated and waste and corruption set in. By 1998 most Venezuelans were deeply disappointed and wanted a radical change. They got it with Hugo Chavez. What they never imagined was that the change would be for the worse.

The Argentine congress ratified this week the free trade agreement between Mercosur and Israel. The accord subscribed in 2007 and already passed by the Senate, was approved in the Lower House by 144 votes, 8 nays and 10 abstentions.