
Mexico’s Carlos Slim remains the world’s richest person for a second year with estimated assets of 74 billion US dollars, according to Forbes magazine’s annual global ranking of billionaires.

“There is no evidence that Argentina has learnt the lesson from the 2001 crisis”, said Carmen Reinhart one of the most influential US economists and an expert in Latin America, who has worked for the IMF, in Wall Street and teaches at the University of Maryland.

The permanent headquarters of Unasur, (Union of South American Nations) in Quito, Ecuador will be named after its first Secretary General, deceased Argentine former president Nestor Kirchner, the government of Ecuador officially announced Wednesday.

The United States will step up efforts for free, open and transparent trade across the Asia Pacific region as it seeks to double US exports in five years, Secretary of State Hillary Clinton said.

While offering a press conference in Washington DC, US Assistant Secretary of State for Public Affairs Philip Crowley refused to comment on the recently released Wikileaks cables that mention Argentina and said his government would refrain from doing so in the future.

Former Uruguayan Industry and Energy Minister, Jorge Lepra (*), described Néstor Kirchner’s government as ”fascist”, during a meeting with the US Embassy Chargé D'Affaires at Uruguay, James Nealon, in February 14, 2006, according to a cable revealed by Wikileaks in which Nealon reported to Washington the minister’s harsh words.

Oil dropped for a second day in New York as members of the Organization of Petroleum Exporting Countries considered talks about increasing production because violence is disrupting supplies from Libya.

Next October Argentines will be going to the polls to vote for president and renew Congress which anticipates a rough political eight months, but before that the administration of President Cristina Fernandez de Kirchner has to weather a round of labour contracts which will be demanding strong adjustments because of the “prices distortion and dispersion” since the word ‘inflation’ has been erased from the official jargon.

Wikileaks cables last week revealed that the U.S. Embassy in Santiago pressured Chilean government officials in 2009 to change environmental rules so that a controversial thermoelectric plant could be built.

Mining and Energy Minister Laurence Golborne met with the Citizens’ Assembly of Magallanes Region (ACM) (extreme south of Chile) after the first of a series of meetings intended to resolve the Magallanes’ gas subsidy controversy.