
United States expects the Egyptian government to honour previous peace agreements with Israel regardless of who is in power, the White House said Friday.

Paul Merle Eischeid, one of the United States 15 most wanted fugitives, was captured in Buenos Aires by local authorities. He was living in the posh county of San Isidro with his Argentine girl friend.

Argentine security officials acknowledged that, “an armed group” was responsible for the “intentional derailment” of the freight train incident that occurred Thursday in the province of Buenos Aires causing a violent outbreak between locals and police, with at least two people killed and various injured.

The Paraguayan political system is willing to consider the incorporation of Venezuela to Mercosur as a full member if there is a “significant gesture or compensation” from the government of President Hugo Chavez, according to congressional sources in Asunción.

President Sebastian Piñera described Antarctica as the continent of the future and confirmed Chile’s commitment to the values of peace and environment conservation represented by the southern pole mass.

The Brazilian city of Rio do Janeiro, host of the Olympic Games in 2016 presented on Friday its new weapon to combat organized crime and drug dealers that have control over urban shanty towns: an armoured US manufactured Bell Huey II helicopter which can transport 13 troops and two crew members.

Argentina’s attempts to return to global credit markets nine years after its 2001/02 default received this week mixed results. New York Federal Judge Thomas Griesa has issued a ruling urging Argentina to pay 54.33 million Euros (US$75.1 million) to the Capital Ventures International Fund.

Brazilian President Dilma Rousseff will discuss with her U.S. counterpart Barack Obama ways to counteract the threat posed by an undervalued Yuan and cheap imports from China, a Brazilian official said.

The US economic recovery still needs help from the Federal Reserve despite signs of improvement, the central bank's chairman Ben Bernanke said.

France and the U.N. food agency FAO warned on Friday about the risk of a new global food crisis and ensuing riots, calling for greater regulation to curb speculation on commodities markets.