Sergio Massa, Argentina's new, young, media-friendly cabinet chief might be a breath of fresh air for President Cristina Fernández, but political analysts say bigger changes are needed to restore public confidence and a flagging economy

Brazil's central bank was expected to raise the country's core interest rate by at least 0.5 percentage points as inflationary pressure has spread across the economy, adding to demands for pay rises especially among public sector workers

Venezuela is broadening its network of regional alliances into Central America with its cheap oil financing initiative Petrocaribe, as countries find it increasingly hard to turn down amid soaring oil prices

Venezuela is broadening its network of regional alliances into Central America with its financing initiative Petrocaribe, as countries find it harder to turn down amid soaring oil prices