
Paraguay must continue suspended from Mercosur following the group’s presidential summit on Friday, anticipated the head of the Latin American desk from the Brazilian Foreign ministry, Antonio Jose Ferreira Simoes.

Economics and finance experts said Latin American must address structural reforms as part of the essential process to consolidate as an economic power and look after the Asian market.

The presence of President Hugo Chavez at Friday’s Mercosur summit is “uncertain” reported the official Brazilian news agency on Wednesday adding that the organizers are waiting for a confirmation of his trip to Brasilia.

Brazil must not repeat the “national tragedy” of losing the 2014 World Cup as it did when it hosted the event in 1950, the country’s Minister of Sport Aldo Rebelo said. “We cannot repeat the national tragedy of 1950 when we lost to Uruguay” Rebelo told foreign journalists visiting Brazil as part of the build up to the finals. “It was like losing to your younger brother.

Uruguay’s inflation in November was over 9% in the last twelve months despite government efforts to contain it by agreeing a price freeze with leading supermarkets and having public utilities’ rates unchanged.

Paraguay declared “entirely unacceptable” statements from Brazilian Foreign minister Antonio Patriota who said that the April 2013 elections are “only an important step to re-examine” the country’s suspension from Unasur and Mercosur. Patriota’s statement was supported by Argentina.

The Organization of American States (OAS) will hold, on December 6 and 7 in Lima, Peru, the Meeting of Government Experts on the Management of Socio-Environmental Conflict for the countries of Central America and the Andean Region.

Countries – especially those with a long mining history -- can substantially reduce lead poisoning in children by mapping contamination levels in the soil to identify high-risk areas and by taking measures to keep children away from those areas, according to a study published this month in the public health journal, the Bulletin of the World Health Organization.

Ecuador's President Rafael Correa said he discussed with his Argentine counterpart Cristina Fernandez the legal dispute with US oil giant Chevron that has spilled over into her country.

Argentine Jewish organizations strongly criticized Ecuador’s president, Rafael Correa after he defended the Iranian government, comparing the 85 people killed in the 1994 AMIA attacks in Buenos Aires with the victims of “NATO bombings in Libya” in 2011.