
Chile and Argentina pledged Thursday to deepen bilateral relations with visiting president Sebastian Piñera saying that “the best of our relationship is yet to come” and Cristina Fernandez de Kirchner anticipating that “ideological differences” won’t be an impediment to keep advancing in cooperation and joint projects.

Chinese Deputy Foreign Minister, Li Jinzhang, assured that China is highly enthusiastic about reaching an agreement to unlock the trade soybean oil conflict between Argentina and the Asian giant, according to Chinese media.

Britain and Gibraltar will use different legal arguments in challenging the European Commission’s decision to twice approve a Spanish nature site with British Gibraltar waters. While Gibraltar is focusing on British sovereignty of the waters, Britain itself has centred its case on the issue of control, reports the Gibraltar Chronicle.
The Uruguayan default model of 2003, under the auspices of the IMF, is a possible way out for the Greek situation according to Professor Reinhart (*), a world authority in sovereign defaults. The idea surfaced in an interview with the Telegraph.co.uk, Ambrose Evans-Pritchard who has covered world politics and economics for 25 years, based in Europe, the US, and Latin America.

Prime Minister Gordon Brown’s bid for a fourth Labour term received a boost this week with a forecast that the UK would pull out of recession faster than many major international rivals.

Chile’s Ministry of Education has ordered an administrative and criminal investigation into the disappearance of laptops to be distributed among school children.

Chile’s passion for soccer appears to be fading, notwithstanding the national “La Roja” team’s recent success in making it to this year’s World Cup games in South Africa.

Venezuelan President Hugo Chavez offered Wednesday to help Uruguay expand a refinery and supply it with crude oil. Chavez and visiting Uruguayan President Jose Mujica signed several accords pledging to deepen trade and energy ties between the two nations.

Brazil and the United States will sign a defence-cooperation agreement next week, Defence Minister Nelson Jobim said Wednesday. This would be the first major bilateral military cooperation agreement since 1977.

Heavy downpours that have swept away two people and flooded homes in central Venezuela were hailed by President Hugo Chavez as an early start to the rainy season that may mark the end of an extended electricity crisis.