
The IMF has cut its global growth forecasts for this year and 2013 and called on politicians in the Euro-zone and the US to take decisive steps to restore confidence, a German newspaper said Friday.

Argentina’s Security Ministry decided the intervention of the Border Guards’ Department of Judicial Affairs due to severe deficiencies found in the application of the officers' wage demands, which led to the current situation that on Friday night was beginning its fifth consecutive day of conflict.

Brazilian Foreign minister Antonio Patriota said on Friday that Paraguay could resume membership of Mercosur and Unasur without the need to wait for presidential elections next April 2013 as long as “full compliance with democracy” can be verified.

Paraguay deplored statements from Uruguayan Foreign Minister Luis Almagro who claimed before the United Nations General Assembly in New York that the landlocked country had interrupted ‘democratic order’ when it removed Fernando Lugo from the Executive.

Iran made major imports of Argentine soy-oil and soybeans between July and September as Iranian buyers found methods of making payments in the face of western sanctions, Hamburg-based oilseeds analysts Oil World said on Tuesday.

On what he described as the “first and last time” he will address the United Nations General Assembly, the President of Paraguay, Federico Franco, affirmed that his country will not abide by any infringement on its sovereignty.

Uruguayan farmers are planning to sow 1.105.000 hectares of crops this coming 2012/13 summer season, which is similar to last year’s of which 890.000 hectares or 80% will be dedicated to soybeans.

Venezuela’s Bolivarian Armed Forces, FANB, said they are committed to respect “the decision of the people” in the coming presidential election of 7 October but at the same time demanded respect for the institution.

Paraguayan president Federico Franco accused the Venezuelan regime of Hugo Chavez of ‘direct and malicious’ involvement in his country’s affairs in support of a ‘terrorist and criminal’ gang, the Popular Army of Paraguay, EPP, which has committed kidnappings, assaults and killings.

Paraguayan president Federico Franco and Spain’s Mariano Rajoy are scheduled to meet on Tuesday at the United Nations building to talk about bilateral issues and the coming Ibero-American summit in Cadiz, next November 16/17 which has become a highly controversial issue.