
While addressing the nation from the Buenos Aires stock exchange floor, Argentine President Cristina Fernández strongly defended the policy of drastically cutting debts, which guarantees “greater independence”, and of stimulating the economy because only with resources can debts be paid, “the dead don’t pay debts”.

President Hugo Chavez said that the incorporation of Venezuela to Mercosur was “exemplary” because it never yielded to “blackmail” from the Paraguayan extreme right and revealed that he met with Paraguayan Senator Lino Oviedo, considered the mastermind behind those attempts.

Police in Peru have seized 2.3m dollars in counterfeit notes. Prosecution said the notorious Quispe Rodriguez family clan is behind the production of fake currency. Peruvian police chief, Raul Salazar, said the gang was planning to smuggle the counterfeit 50 dollar bills into the United States, hidden inside Peruvian souvenirs.

Peru’s government has extended a state of emergency for 60 days in several districts of south-central regions because of the presence of the guerrilla group Shining Path remnants.

Two Venezuelan fishing vessels were caught illegally operating n French Guiana waters by a French Navy patrol and will be destroyed as is normal procedure in the territory, according to Cayenne media.

Colombian Defence minister said on Thursday the Constitutional Court’s decision to order armed forces to leave indigenous territories in south-eastern Colombia will not affect military presence in the volatile south-western Cauca department.

The Inter American Press Association (IAPA) described as “contrary to the principles of freedom of expression and press freedom” an order by the Government of Ecuador to withdraw official advertising from independent news media.

Confirming the growing trend in several South American countries, Bolivia expropriated a silver and indium mine operated by a local unit of Canadian firm South American Silver, a move criticized by Ottawa and likely to scare off foreign investors.

Paraguay urged the Organization of American States, OAS, on Wednesday to say whether it will be taking measures or not against the country following the removal of Fernando Lugo from the presidency, a political incident that has reverberated in the whole continent.

Chilean opposition registered its candidates at the Electoral Service for the coming municipal elections in October but was unable to reach an overall agreement to face the ruling conservative parties.