
Argentina has handed Nelson Mandela’s eldest daughter, Zenani Mandela-Dlamini, credentials as South Africa’s ambassador to Buenos Aires, the foreign ministry said on Monday.

Joblessness in the Euro zone rose to a new record high in May, pushed up by lay-offs in France, Spain and even stable Austria, as the several years long debt crisis continues to eat away at the currency bloc's fragile economy.

The new Paraguayan authorities have named a special committee of prosecutors to inquiry into the alleged meeting between Venezuelan Foreign Affairs minister Nicolas Maduro and Paraguayan military during the recent impeachment process.

The formal incorporation of Venezuela to Mercosur next July will benefit mainly Brazil and Argentina since they could considerably increase their exports to the oil-rich country at the expense of the local production sector weakened by the economic policies from the administration of President Hugo Chavez, according to analysts.

British Barclays’ group has promised a root and branch review of its business practices and announced the resignation of its chairman Marcus Agius. This follows Barclays' attempts to manipulate inter-bank lending rates, for which it was fined £290m.

The Uruguayan government revealed on Monday its disagreement with the way Venezuela’s incorporation to Mercosur was decided last Friday at the summit held in Mendoza, Argentina, and said “it was not the last word” since the process must be reviewed from a juridical point of view.

In an interview to British newspaper Financial Times, United Kingdom’s Foreign Office Minister for South America, Jeremy Browne, alerted Argentina against the politicization of the London Olympics, set to begin on July 27th by bringing up claims over the Falklands.

Enrique Peña Nieto leads his rivals in exit polls of Mexico’s presidential election as he seeks to return the once-dominant Institutional Revolutionary Party to power after a 12-year hiatus.

British Prime minister David Cameron has indicated that a referendum on the United Kingdom’s conditions of European Union membership is increasingly likely, but ruled out one that offers voters a straight “in or out” choice.

President Cristina Fernández took to her Twitter account to say that “the fundamental goal in the unity of the region must be to make sure that the global crisis has the less kind of possible impact in the development of our nations.”