
Brazil's government will cut 4,2 billion Brazilian Real (approximately 2.4 billion USD) from its 15.17 billion defense budget this year under proposed fiscal tightening, Defense Minister Nelson Jobim announced this week.

Argentine Judge Ezequiel Berón de Astrada requested on Tuesday Foreign Minister Héctor Timerman; Security Minister Nilda Garré; and the US Embassy “all the information they have” on the incident regarding the US Air Force plane seized in Ezeiza international airport.

The Brazilian government confirmed on Tuesday that US President Barak Obama will make an official visit to Brazil on March 19 and 20.

Bolivia prepared to tap its record 10 billion US dollars in central bank reserves to help boost agricultural production and stockpile food staples as a hedge against a looming global “food crisis” Finance Minister Luis Arce said.

Argentina extended the application of LNA non-automatic licenses to a list of new imported products, which include metallurgical products, electronics, some fabrics, high-range automobiles, bicycles and bicycle parts.

The head of Río de Janeiro's state's civil police quit, becoming the latest victim of a drugs and corruption scandal that has shocked the police in Brazil's second city.

France's economy minister Tuesday urged IMF chief Dominique Strauss-Kahn to stay at the global lender, as French conservatives sought to impede his potential bid for the French presidency next year.

At least 44 journalists were killed worldwide because of their jobs last year, with Pakistan the deadliest country to work in, a rights group said Tuesday.

The Spanish media revealed that Spain’s Foreign Minister Trinidad Jimenez will be in London this coming Thursday to meet with her UK counterpart William Hague for a bilateral meeting on various international issues including Gibraltar.

France warned Tuesday that it is following closely European Union/Mercosur trade talks to ensure that farmers from both blocks are strictly subjected to the same rules.