Opposition leaders in Uruguay accused Argentina of “exerting pressure inside the G20 and the Organisation for Economic Co-operation and Development (OECD)” so the neighbouring country would be labelled a “tax haven,” the Montevideo media said.

Brazil posted a trade surplus of 2.355 billion dollars in October, beating forecasts for a third straight month, outpacing imports in the final days of the month following a recovery in global commodities prices.

Spanish media criticized harshly the latest Ibero-American summit in Paraguay last Saturday arguing that the non attendance of 11 of 22 leaders of the region can only be described as a failure of Madrid’s diplomacy and disrespect for the Spanish representatives.

The worsening of the world crisis is a factor that plays in favour of advancing negotiations for the European Union and Mercosur cooperation agreement and strategic association, said Socialist Euro Deputy Luis Yañez from Spain currently visiting Montevideo.

Uruguayan expatriates are returning at an average of 350 per month which is three times the 2010 rate, but his only refers to those that have formally requested advice and assistance from the country’s Foreign Affairs ‘Return and Welcome Office’.

President Cristina Fernandez was re-elected in a landslide Sunday, winning with the widest victory margin in Argentina since the recovery of democracy in 1983. At midnight and with 58% of polling stations reporting CFK had 53% of the vote with runner up Socialist Hermes Binner collecting 17.7%.

The most certain re-election of Cristina Fernandez as Argentina president on Sunday 23 October is expected to signal more intense and closer relations with Brazil, expanding to other foreign affairs issues and working on a shared international agenda according to analysts from both countries .

The Union of South American Nations (Unasur) received the observer status in the UN General Assembly after the committee of judicial affairs of the organization unanimously approved its request.

Argentine president Cristina Fernandez (CFK) should be comfortably re-elected Sunday with a landslide victory which according to the latest public opinion polls indicate a support ranging from 52% to 55%

The Pan-American Milk Federation, Frepale, is scheduled to meet in Uruguay next November 15/17 to celebrate its twentieth anniversary. The federation, the strongest in the region chose Punta del Este for the event because it was here that it was born two decades ago.