Mercosur faces its most serious political crisis following the spiraling conflict between Brazil and Venezuelan President Hugo Chavez who publicly announced a three months ultimatum for the definitive approval of his country's entry to the main South American trade block.
Brazilian president Luiz Inacio Lula da Silva said he was looking forward to talk with his Venezuelan counterpart Hugo Chavez to discuss the latest Mercosur misunderstandings but he also emphasized that there are rules to become a member of the trade group, but none to leave.
The United Nations High Commissioner for Refugees welcomed an offer by Brazil to resettle an estimated 100 Palestinians formerly living in Iraq starting in mid-September.
Colombia's guerrilla movement FARC (Colombian revolutionary armed forces) are the main culprits for the death of the eleven local Deputies which they held captive, but so is Colombian president Alvaro Uribe, said on Sunday Melanie Betancourt, daughter of Ingrid Betancourt held at ransom by the Marxist oriented guerrillas.
United States Treasury Secretary Henry Paulson will make a week-long trip to South America beginning July 9, his first to the region since taking the position. He is scheduled to visit Brazil, Chile and Uruguay, meeting with the presidents of all three countries as well as Finance ministers and local business leaders.
An Argentine dissident opposition governor but aligned with the current administration will complete the presidential ticket for next October which as announced over the weekend will be headed by the First Lady, Senator Cristina Fernandez de Kirchner.
Argentine President Néstor Kirchner will not run for reelection in October, but his wife, Cristina Fernández de Kirchner, will run in his place, according to Cabinet Chief Alberto Fernandez.
Venezuelan President Hugo Chavez called for a strategic partnership with Belarus Friday, calling his Belarusian counterpart a "brother-in-arms" and lamenting the pressure he said the United States was putting on Minsk and Caracas
The International Cricket Council (ICC) completed a unique 'century' Friday when it admitted four new countries, Cameroon, The Falkland Islands, Peru and Swaziland - taking its membership to 101.
Venezuelan president Hugo Chavez said he's willing to withdraw his country's request to become full member of Mercosur because in his own words it's a mechanism marked by capitalism and ferocious competence, according to an official news release.