Switzerland's parliament has voted to approve a deal which would see information on suspected tax-evaders be passed to US authorities. The Lower House of the Swiss parliament backed the agreement 81 to 61 with 53 abstentions, reversing its earlier decision to reject the agreement last week.
The Union of South American Nations (UNASUR) Secretary General Néstor Kirchner said on Tuesday he hopes for the block to create profound policies in the region but without overlapping on other regional organizations such as Mercosur.
The Argentine Gendarmerie following instructions from a federal judge notified Monday an estimated twenty Gualeguaychú picketers that a civil and criminal case was filed against them by the Argentine government for the roadblock of a bridge linking with neighbouring Uruguay.
Falkland Islands member of the Legislative Assembly Glen Ross said the Islands are interested in reaching a business agreement with Brazil for the maintenance of the oil rig currently involved in a round of exploratory drilling.
Ecuador President Rafael Correa said over the weekend that a new hydrocarbons bill is ready and will be sent to the National Assembly. The bill will allow the government to speed the shift from production contracts to service contracts for oil companies operating in Ecuador.
An extraordinary reunion, linked to the Falkland Islands conflict of 1982 is scheduled this week in Buenos Aires: a former paratrooper will return to an Argentine soldier the trumpet he seized from his 28 years ago.
A senior Royal Navy officer stressed that the new British government remains committed to keeping a strong naval presence around the Falkland Islands, reports the Portsmouth press.
Greek government bonds have been downgraded four notches to junk status from A3 to Ba1 by Moody's credit rating agency. The agency said Monday there was still considerable uncertainty surrounding the impact of measures introduced to cut the country's high budget deficit.
The Bank of England may need to hike interest rates soon as inflation has remained far stickier than expected, rate-setter Andrew Sentance warned in The Sunday Times.
While 850,000 Chileans lived abroad in 2005, now, just five years later, Chile’s consulates estimate the number has soared to two million.