THE NEW YORK SHAKESPEARE FESTIVAL'S 1987 Festival Latino in New York (through Aug. 23) will feature seven major stage productions. Now in its 11th year, the festival will present groups and individuals from Argentina, Chile, Puerto Rico, Spain, the United States, and Venezuela. Most of the productions will have simultaneous translations. Carlos Morton's ``Pancho Diablo'' will be given entirely in English. The schedule of events will include music, dance, film, and television programs from Latin America, Spain, and the US. DMITRI SHOSTAKOVICH'S OPERA `THE NOSE' is being performed by the Santa Fe Opera tomorrow, Aug. 14, and the 22nd. This satiric comedy is based on a short story by Gogol about a Russian man who wakes up one morning to find that his nose has left his face to venture out into the world on its own. Composed in 1928, the opera was first performed in the US by the Santa Fe Opera in 1956. MORRIS CARNOVSKY HAS RECEIVED THE THIRD ANNUAL BERTRAM L. JOSEPH AWARD for achievement in Shakespearean production in America. The award was presented by the Queens College of Drama, Theatre & Dance of the City University of New York. Mr. Carnovsky has played 14 major Shakespearean roles. He acted with the Theatre Guild, was a founding member of the Group Theatre, and spent 25 seasons with the American Shakespeare Festival Theatre. This summer, he and Phoebe Brand (Mrs. Carnovsky) are co-directing Chekhov's ``Ivanov'' at the American Players' Theatre, Spring Green, Wis. BUSKERS '87, AN INTERNATIONAL STREET PERFORMERS FESTIVAL, begins Aug. 13 in Halifax, Nova Scotia. For 10 days, streets will be filled with jugglers, storytellers, one-man bands, clowns, puppets, and singers.