The French navy has located the black box flight recorders from the Air France (EPA:AF) jet which plunged into the Atlantic killing 228 people last summer. However, officials said there was still no guarantee the recorders—that could explain the cause of the crash—would ever be brought to the surface.
Brazil’s Catholic bishops rejected statements from their Porto Alegre peer, Monsignor Dadeus Grings who—in the midst of a global scandal over priests’ sexual abuse of minors—argued that modern society is naturally “paedophile”.
Chile's flagship carrier LAN Airlines S.A. (NYSE:LFL) is looking to enter the Colombian domestic passenger market by helping Colombia’s Aeroasis S.A. obtain the necessary permits to operate in the country, Chief Executive Enrique Cueto said on Thursday.
IMF Managing Director Dominique Strauss-Kahn will travel to Brazil and Peru from May 25-28 to meet with government leaders, leading figures from the private sector, and with students and academics as part of efforts to engage more closely with stakeholders in the region.
Brazil on Wednesday announced long-awaited measures to boost exports at a time when the trade surplus in Latin America's largest economy is shrinking rapidly on a yearly basis. The government will create a lender, named EXIM Brasil, to help finance exports.
Paraguayan opposition and media strongly criticized Brazilian president Lula da Silva’s for not keeping his Itaipú dam-controversy promises and allegedly for conditioning further assistance to the approval by the Paraguayan congress of Venezuela’s incorporation to Mercosur.
A Brazilian non government organization which defends the rights of homosexuals launched a campaign to protest President Lula da Silva’s visit to Iran scheduled for next May 15.
Brazil’s ruling coalition president candidate Dilma Rousseff will continue with the current economic policies of the government boosting the role of state corporations if successful in the coming October election, said José Eduardo Dutra, president of the Workers' Party.
The Brazilian Government is expected to announce Wednesday a number of exports' stimulation measures in order to try to compensate the area which claims losses caused by the strong Brazilian currency exchange rate and the drop of global commerce.
Brazilian president Lula da Silva is expected in Montevideo, Uruguay Tuesday afternoon to hold talks with his counterpart Jose Mujica, following the Unasur extraordinary presidential summit in Buenos Aires.