Brazilian President Lula da Silva said that emerging market nations like Brazil must have a strong say in developing strict international rules for financial institutions which will help control the anarchy hitting the world economy.
Two United States Treasury Secretaries James Baker and Lawrence Summers spoke out in favour of the need for the federal government to assume partial ownership of US banks during the Sunday morning television show This week.
Chile is interested in purchasing another batch of refurbished F 16 fighter bombers for the Air Force, according to diplomatic sources in Santiago which was partially confirmed by Defence officials.
United States presidential candidate Barak Obama on Friday welcomed a plan by Treasury Secretary Henry Paulson to buy equity in financial institutions if necessary to halt market turmoil.
Former Argentine dictator Jorge Rafael Videla was taken to a military prison Friday, after a federal judge revoked the benefit of house arrest that he had enjoyed for 10 years.

Headlines: Party Conferences : PM Gordon Brown thanks Falklands for support; New airbridge in action; Tornado F3 flies south the easy way; Disappointed shearers return.
Shinning Path rebels ambushed a column of military trucks in the Peruvian south-eastern mountains with bombs and gunfire killing 12 soldiers and 7 civilians said Peru military high command. It's the deadliest rebel attack in years.

The Norwegian Nobel Committee announced on Friday the award of the Nobel Peace Prize for 2008 to former Finnish president Martti Ahtisaari for his important efforts, on several continents and over more than three decades, to resolve international conflicts.

Argentina proposed an urgent meeting of Mercosur country members to coordinate positions which would help address the impact of the current global financial crisis and its possible impact on the region.

The heir to the Belgian throne, Prince Philippe and a delegation of a hundred businessmen are currently visiting Uruguay until Friday as part of a Latin-American trade and investment tour.