
Paraguayan president Federico Franco said on Monday that the only coup, if that is the word, was implemented by Mercosur from the moment they left Paraguay out of the decision to incorporate Venezuela as a full member of the group.

Latinamerica has 15.100 super rich (8% of the world total) according to the latest World Report on the Ultra Rich 2011/12 from Wealth-X. Super rich is defined as a person with net assets over 24.4 million Euros (30 million dollars).

Chile will request from Cuba all the information on the death of opposition leader Oswaldo Payá who according to the Havana government died in a car accident, something with the Chilean authorities wants to corroborate to “complete certainty”.

Chilean student leaders and opposition politicians vowed to protest last week’s ruling by the Chamber of Deputies to reject the findings of a report on the profiteering of education institutions in the country. The controversial subject matter was decided by a razor-thin margin, with 46 in favour, 45 against and one abstention.

The Vatican has withdrawn the titles Catholic and Pontifical from a university in Peru after decades of discussions over the school's Catholic identity and after tensions between university officials and the local cardinal over control of the school's assets.

The head of the Brazilian Senate and former president Jose Sarney said he had his reservations about the incorporation of Venezuela to Mercosur as full member since the government of Hugo Chavez does not respect democratic rules.

Mercosur Standing Review Tribunal rejected Paraguay’s demand against its temporary suspension from the trade and integration group and the inclusion of Venezuela as a full member.

The Brazilian government questioned as outdated the latest IMF report, released Friday July 20, in which the Fund calls for more domestic savings and greater attention to inflation.

Colombia's largest rebel group has blown up a section of the 220.000-barrel-per-day-capacity Caño Limon-Covenas oil pipeline, Ecopetrol and the army said, in the latest in a series of attacks on oil infrastructure.

Thousands of people marched through Mexico City to denounce the July 1 election of Enrique Peña Nieto as president, though the protest was smaller than one held earlier this month.