Daily Headlines: October 10, 2007

* The U.S. should “hold up its end of the bargain” and ratify free trade pacts with Colombia, Panama, and Peru, said Secretary of State Condoleezza Rice.

* Seven South American countries will create a new development bank- Banco del Sur- set to be headquartered in Venezuela and opened next year.

* A controversial Colombian game show where contestants where asked intimate questions while being hooked up to a lie detector machine has been cancelled.

* Brazil received the second-most nominations for this year's International Emmy Awards with seven nods.

Sources- The Latin Americanist, International Herald Tribune, Associated Press, Bloomberg

Image- el Pais