
Once Mercosur and the European Union conclude their exchange of goods and tariff reduction proposals for the long awaited trade agreement, contents of the deal will be kept in reserve while negotiations are ongoing, with no access to media or public opinion, anticipated Paraguayan foreign minister Eladio Loizaga.

Venezuela's proposed 2016 government budget is based on an estimate of $40 per barrel for the OPEC nation's oil exports, Finance Minister Rodolfo Marco said in a presentation to congress on Tuesday.

Mario Blejer a world renowned economist and advisor to the Bank of England, was mentioned as the possible next Argentine ambassador in London, if incumbent presidential candidate Daniel Scioli, as public opinion polls indicate, is confirmed in Sunday's election as the man who will take over from Cristina Fernández next December.

The US dollar in Argentina ended trading on Monday at 9.51 Pesos in banks and foreign exchange agencies while the parallel exchange rate or 'blue' continued to grow and ended 17 cents higher at 16.11 Pesos in underground houses, hitting a new record high.

The Falkland Islands celebrated on Saturday 10 October cultural diversity day with a series of events starting in the morning and going on until the early hours of the next day. This was the second event organized on the back of an initiative by MLA Barry Elsby who has responsibility for culture within his portfolio to demonstrate how diverse Falklands culture is.

The Malvinas Forum, chapter Uruguay, which supports Argentina's sovereignty claim over the Falkland Islands, held a meeting to commemorate the UN General Assembly resolution of 1965, name new authorities and prepare the agenda of activities for next year.

More than 74 years of continuous Royal Air Force UK search and rescue (SAR) air operations drew to a close this month, as the Service handed over SAR duties to the Maritime & Coastguard Agency and Bristow Helicopters Ltd. SAR operated mostly in the UK, Falkland Islands and Cyprus.

Against the background of what he said were continued territorial threats from both Venezuela and Suriname, Guyana President David Granger has announced a Total National Defense Policy.

Economic activity in Brazil fell for a third straight month in August, Central Bank data showed, adding to evidence of a steeper-than-expected recession in the country. The figures were unveiled on the same day the government dismissed rumors over the resignation of Finance Minister Joaquim Levy.

With less than a week to Argentina's presidential election next Sunday, the latest reliable public opinion polls indicate a very close race with the incumbent and leading candidate hovering very close to the magic 40% of ballots needed to win in the first round and thus avoid a runoff a month later.