
A United States federal judge ruled in favour of seizing 105 million US dollars from the Argentine Central Bank deposits in New York in order to pay the debt the country holds with two investment funds.

United States Federal Reserve Chairman Ben Bernanke cautioned the US economy still faces significant headwinds, including a housing sector that has yet to recover convincingly and an ailing employment market.

The secretary of Vatican State Cardinal Tarcisio Bertone arrived in Chile this week for an extended visit which includes a meeting with President Sebastian Piñera.

Bolivia and Brazil are considering a vast joint investment program to industrialize natural gas and for the exploitation of strategic minerals in the salt plains of the land-locked Andean country.

Colombian President Alvaro Uribe spoke out against the danger of entering into an arms race that could be hugely damaging, following news that Russia may sell 5 billion US dollars of weapons to Venezuela, reports the Colombian press.

Colombian Trade Minister Luis Guillermo Plata said that the World Economic Forum on Latin America (WEF), which was inaugurated by President Alvaro Uribe in the coastal city of Cartagena, demonstrates confidence in Colombia as an investment destination.

The story of an indigenous boy from the extreme south of Chile captured and taken to England, and who years later faced trial in Falklands, plays out this week in a Santiago theatre.

Following on Uruguay’s successful experience, the Argentine government announced this week the distribution of three million laptops in government high schools.

Colombian Foreign Affairs minister Jaime Bermudez visited Russia to promote bilateral cooperation and prepare the visit of President Álvaro Uribe. “The visit will coincide with the 200th anniversary of Colombia’s independence and 75 since the establishment of diplomatic relations between Russia and Colombia”, said Andrei Nesterenko, spokesperson for the Russian ministry.

South Africa’s National Nuclear Regulator (NNR) has approved a visit by a British nuclear submarine to Simon’s Town Naval Base, near Cape Town, despite opposition from environmental groups.