Former Marxist guerrilla and United States Cold War enemy Daniel Ortega was sworn in as Nicaraguan president on Wednesday 16 years after voters tired of a civil war with Contra rebels threw him out of office.
Chavez's nationalization announcement came in his first speech of the year, a fiery address in which he used a vulgar word roughly meaning idiot to refer to Organization of American States Secretary-General Jose Miguel Insulza.
United States president George W Bush and the European Commission president Jose Manuel Barroso ratified Monday their commitment to seek fresh ways of overcoming differences and reaching an agreement on the Doha Round trade talks.
Brazil has plans to grant economic and trade aid to Bolivia, Paraguay and Uruguay in an attempt to give South America's main trade grouping Mercosur, greater cohesion, according to the financial press of Sao Paulo.
Former Argentine Minister of Economy Roberto Lavagna could become the main opposition candidate but his chances of winning October's presidential elections are slim said a reputed Argentine political analyst and public opinion polls expert
Venezuela called on the Secretary General of the Organization of American States, OAS, Jose Miguel Insulza to retract from censorship statements regarding the controversy over a television station license in Caracas.
Recent corruption cases plaguing the ruling Concertación coalition have had little effect on the public popularity of Chile's President Michelle Bachelet, according to a poll carried out by the Centre for Public Studies (CEP).
Argentina's former Minister of Economy Roberto Lavagna announced Thursday he would be running for the presidency in next October's election with the purpose of offering an overcoming alternative.
After twelve years of undisputed Republican majority in the United States Congress, opposition Democrats on Thursday took control of both houses with Representative Nancy Pelosi becoming the first female speaker ever in the House.
Venezuelan re-elected President Hugo Chavez dismissed Thursday his longtime confidant Vice President Jose Vicente Rangel and former Minister of Interior Jesse Chacón promising to complete his new cabinet by next Wednesday when he takes office for a six year mandate extending until 2013.