
Mexican President Enrique Peña Nieto sounded a warning shot to his ruling party over corruption, saying no one is above the law as he tries to tackle the graft that has blighted its reputation in the past.

Bolivian president, Evo Morales, says his Venezuelan counterpart, Hugo Rafael Chávez Frías, is in stable conditions but still suffering from relapses in his recovery from a fourth round of surgery for cancer. Morales couldn't meet with Chavez but said doctors and relatives of Chávez informed him about his current condition.

The UN Decolonisation Committee has not received any further requests on the Falklands/Malvinas issue, and “there is no such procedure as self-determination regarding the Islands dispute”, according to the C24 president Diego Morejón Pazmiño, standing Ecuadorean ambassador before the UN.

Opposition leader Henrique Capriles accused Venezuela’s government on Friday of repeatedly lying about President Hugo Chavez’s condition, and said the truth will be known within days.

The Brazilian economy grew a mere 0.9% in 2012 despite government stimulus measures, its worst performance in three years, official statistics showed Friday. But prospects for the coming years are considered encouraging given the international events to be hosted by Brazil and the electoral calendar.

Uruguayan president Jose Mujica admits that relations between Uruguay and Argentina’s Cristina Fernandez can be “an impossible mission”, but at the same time praised Venezuela’s Hugo Chavez “as the most generous head of state he has ever met”.

Mexico’s Carlos Slim, probably the world’s richest man according to Forbes has referred to Argentina with certain irony when he was asked about the current foreign currency restrictions and changing regulatory framework implemented by the government of President Cristina Fernandez.

Brazil’s Bovespa-index futures declined with the equity gauge poised for its biggest monthly drop since May, after iron-ore producer Vale SA posted a record loss in the fourth quarter.

The head of Mexico's teachers' union and one of the country's most powerful women has been charged with embezzling up to 200 million dollars to fund a lavish lifestyle of shopping sprees and plastic surgery, officials said. The action is seen as a major coup for the three-month old administration of Enrique President Peña Nieto.

Argentina's defence urged a US appeals court on Wednesday to come up with a workable solution to its long-running fight with so-called holdout bondholders, and assured the country will not pay an amount exceeding the one set in the debt-swaps.