*Argentina: French firm Alstrom won a contract to construct a high-speed rail line between Buenos Aires and Cordoba.
* South America: Local currencies did not do well in trading yesterday as the Brazilian real and Chilean peso fell by 0.95 and 1.39%, respectively.
* Colombia: There may be rhetoric over "Hollywood liberals" yet the head of the Motion Picture Association of America is strongly in favor of a U.S.-Colombia free trade deal.
* Cuba: How have Cubans reacted to reforms under Raul Castro? Al Jazeera looks into it:
Sources- Reuters UK, Reuters, International Herald Tribune, YouTube
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