
Russian GDP growth in percentage terms surpassed Brazil in the first half of the year and even if the market still prefers Brazil’s diverse economy over Russia, the South American country is now dead last in terms of economic growth in the big four emerging markets, BRIC.

The Swedish government will not extradite Julian Assange to the US should he face the death penalty there, as any possible extradition request from Washington is then subject to strict conditions, an official from the country’s Justice Ministry.

Paraguay officially announced holding elections on April 2013, when a new president and congress will be voted. The three branches of government attended the launching of the announcement that took place at the Superior Electoral Justice Tribunal on Tuesday, one day ahead of the OAS Permanent Council debate on “the Paraguayan situation”.

The Ecuadorean government reiterated on Monday that dialogue with UK on the Julian Assange case will continue once London officially “withdraws” the original message with threats. Quito also is hopeful that the coming OAS extraordinary meeting will ratify full support for Ecuador as has happened with other regional organizations.

The Brazilian highways patrol police in several states joined the national strike of federal workers that are protesting for higher salaries and better working conditions. The strike of the National Federation of Highway Police (Fenapre) was decided unanimously over the weekend effective Monday.

Argentina has become the most visited country in South America with arrivals in 2011 reaching almost six million tourists, said Leonardo Boto head of the country’s National Tourism Promotion Institute, Improtur.

Argentina lost a bid on Monday to prevent bondholders from obtaining documents from two banks about the country's assets outside the United States. A three judge panel of the 2nd US Circuit Court of Appeals in New York said in an opinion that the Argentine government could not prevent a lower court's order forcing the banks to produce the documents.

The Obama administration on Monday accused WikiLeaks founder Julian Assange of making wild assertions about US persecution to deflect attention from sex allegations he faces questioning for in Sweden.

Several groups allied to Argentine president Cristina Fernandez are actively promoting a constitutional review that would allow re-election for a third consecutive four year mandate. The last Argentine constitutional review was in 1994 when the four-year mandate was introduced with the possibility of an only immediate re-election, thus modifying the six year mandate but with no re-election.

Hundreds of Ecuadoreans marched on Monday in support of the government's decision to grant asylum to WikiLeaks founder Julian Assange in a saga that could help President Rafael Correa if he seeks re-election.