
According to a recent audit commissioned by the Bolivian government and conducted by US-based consulting firm Ryder Scott allegedly shows that the country has only 8.3 trillion cubic feet of proven gas reserves, sharply lower than the range of 12.8 trillion to 26.7 trillion that has appeared in contradictory official versions.

Brazil’s presidential opposition candidate Jose Serra promised substantial changes to the country’s foreign policy if elected next Sunday. He specifically mentioned Brazil’s lobbying for a seat at the UN Security Council, the functioning of Mercosur and relations with Cuba and Iran.

Nevertheless it admits that Dilma Rousseff, with the help from outgoing president Lula da Silva, (and his extraordinary political gifts and innate pragmatism), will most probably be the winner.

The Falkland Islands will continue to be defended by one of the most capable military forces in the world and Mount Pleasant remains configured to allow for rapid reinforcement should it become necessary to deal with external aggression, according to the British Forces South Atlantic Islands HQ, BFSAI.

After leading the global recovery for a second year, Asia’s economic outlook remains positive but, in its latest report on the state of the region’s economy, the IMF cautions that inflationary pressures are emerging.

Bolivian president Evo Morales is considering the purchase of naval vessels to operate from the port of Ilo on the South Pacific coast helping the country to develop for the first time in 130 years its maritime resources.

The Group of 20 (G20) nations reached in Korea a dramatic deal on Saturday as China, the United States agree to avoid “currency war” and to refrain from having too much trade surplus or deficit.

Uruguayan president Jose Mujica insisted that the best regulation for the media is no regulation, although admitting that many times he feels disappointed, when not furious with some of the articles published.

For the first time in more than 130 years, the Bolivian Navy will have access to the Pacific Ocean, after the heads of state of Bolivia and Peru signed an agreement to grant Bolivia access to the sea near the Peruvian port of Ilo.

Brazil’s ruling party candidate Dilma Rousseff is pulling ahead in the presidential run-off as the focus of the campaign shifts away from controversial social issues and back to the economic gains of recent years.