
Uruguayan president Jose Mujica, 75, formally declared to the Transparency and Public Ethics commission that his entire wealth amounts to a 1987 Volkswagen Beatle valued at about 1.900 US dollars.

The IMF is sending a senior official to Hungary for talks with the new government early next week, amid rising concerns about the country's public finances.

The US government does not consider that there’s an arms race in the Americas and estimates the majority of countries invest more on social areas than in military hardware said Assistant US Secretary of State for Hemispheric affairs, Arturo Valenzuela.

Brazil’s president Lula da Silva confirmed he is seriously considering running again in 2014 when Brazil will be hosting the World Football Cup. The Brazilian president made the announcement during an interview with Bandeirantes television.

A “twitter” opinion poll organized by Paraguay’s main daily newspaper ABC Color to evaluate which Latinamerican presidents are most rejected or less convincing delivered several predictable results but also some surprises.

Freedom House released on Thursday ‘Worst of the Worst 2010: The World’s Most Repressive Societies’, its annual report identifying the world’s most flagrant human rights abusers. at a side panel during the 14th session of the UN Human Rights Council.

Two Royal Air Force Euro Typhoon fighters and their Vickers VC10 refuelling tanker had to land Wednesday afternoon in Punta Arenas, extreme south of Chile, because of adverse weather conditions in the Falkland Islands Mount Pleasant Airport.

Pressure is mounting in Argentina for pickets blocking an international bridge leading to Uruguay to be ordered removed by a court order, following Wednesday’ presidential summit when Uruguay’s Jose Mujica and Argentina’s Cristina Fernandez de Kirchner agreed on a joint agenda of pending issues.

Disagreements over how quickly to reduce inflated budget deficits and restore balance to the global economy risk will be one of the main issues to be addressed at the high-level Group of 20 talks this week in South Korea.

Lending to small businesses inn the United States is declining, thus making it more difficult to come to grips with the persistent problem of high unemployment, admitted Federal Reserve Chairman Ben Bernanke.