
Brazil's Environment Institute ordered US oil giant Chevron to pay another fine related to the early November oil spill off the coast of Rio de Janeiro.

MercoPress wishes a happy holiday season to all its readers.

In an Opinion piece, “Time to talk about the Falklands”, The Independent suggests the time might have come to defuse the situation in the South Atlantic and take up last year’s offer from US Secretary of State Hillary Clinton to broker between Britain and Argentina.

President Hugo Chavez called on Barack Obama to stop meddling in Venezuelan affairs, “leave us alone” and described the US leader as a clown and an embarrassment. Chavez is currently in Montevideo for the Mercosur summit.

President Barack Obama has accused the government of Venezuela of threatening basic democratic values ahead of elections next year. He added that close relations with Iran and Cuba did not serve the interests of the Venezuelan people.

United States Trade Representative Ron Kirk announced that the administration of President Barack Obama is intent in reaching a free trade agreement with South America and called for a greater opening of the Brazilian economy.

US consumer prices were flat in November as Americans paid less for cars and gasoline, while the 12-month inflation reading fell for the second straight month, which could give the Federal Reserve more room to help a still-weak economy.

The US military officially ended its war in Iraq, rolling up its flag at a low-key ceremony with Defence Secretary Leon Panetta nearly nine bloody years after the invasion that ousted Dictator Saddam Hussein.

President Felipe Calderon criticized its powerful neighbour, United States during a speech in which he outlined the G20 agenda for the next twelve months, including the summit, which is under the presidency of Mexico.

United States continues to dialogue with Venezuela, Bolivia and Ecuador, countries where it has no ambassadors in an attempt to normalize relations, said State Department spokesperson Victoria Nuland.