Brazil's Central Bank president Henrique Meirelles, said Friday that he was not resigning and insisted he had President Luiz Inacio Lula da Silva's full support in the face of allegations of tax evasion.
Mercosur and European Union delegates will attempt this coming week in Brasilia to unlock negotiations for a free trade area between both blocks.
Argentina called on all former 1982 Malvinas war combatants to register in the First National Census of War Veterans.
After several weeks of difficult diplomatic exchanges with Peru repeatedly calling for a review of maritime borders, Chile sent a dissuasive signal to its northern neighbor with a military display just across the border.
A more flexible Mercosur with a several speed integration process, structural support fund for the weakest economies plus an energy compensation belt helping to match demand and supply culminating in a South American Community or United States of South America, is the ambitious agenda for the next six months set out this week in Brazil.
British Commander in Chief of the Fleet allegedly revived the spectre of the Falkland Islands conflict as a direct result of last month's defence cuts and redeployment of units.