
Argentina’s Statistics Institute controversy was joined Sunday by a most reputable newspaper, the Washington Post that called Indec numbers a ”manipulation (...) done under pressure from above”.

The United States has seen the biggest bank failure of 2009 with Colonial Bank, which had assets worth 25 billion US dollars as on June 30, closing operations last week after hit by the financial turmoil.

Former Brazilian dictator Emilio Garrastazú Médici and ex US president Richard Nixon agreed on the need to oust Chilean peer Salvador Allende and Cuba’s Fidel Castro during a meeting at the White house in 1971, when then advisor Henry Kissinger wrote the minutes, according to declassified documents published Sunday.

A new study from the libertarian CATO Institute concludes that legalizing the more than eight million undocumented workers in the United States would have significant economic benefits for the country, while simply enhancing border enforcement and applying restrictive immigration laws would actually hurt the US economically.

Colombia would like to increase its military ties with Brazil and other South American countries, President Alvaro Uribe said on Friday after the Foreign Affairs ministry announced it had completed talks with Washington on allowing US troops to use seven Colombian military bases.

The Unasur (Union of South American Nations) extraordinary summit to address the US forces in Colombian bases controversy, and which was agreed in Ecuador, will take place in Bariloche at the end of the month announced the Argentine presidency.

Ousted Honduran President Manuel Zelaya and Brazilian President Lula da Silva called on Wednesday on the United States to use more political influence to help solve the Honduran crisis.

The Federal Reserve left US interest rates un changed between 0% and 0.25% describing the current situation as “levelling off” although economic activity is “likely to remain weak for a time”.

The percentage of US homeowners who owe more than their house is worth will nearly double to 48% in 2011 from 26% at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday.

The United States economy has hit the bottom and the current quarter will see positive growth because of the government's stimulus spending, according to billionaire financier George Soros.