
Brazilian finance minister Guido Mantega said that resolving Europe’s economic problems are likely to drag out over coming years due to a complex and slow process of decision-making in the region and recommended emerging economies to promote domestic consumption and trade among them.

Spain has not invited Paraguay to the Ibero-American summit in Cadiz scheduled for next November confirmed Paraguayan Foreign minister Jose Felix Fernandez Estigarribia, who also admitted that the number of countries ‘disgusted’ with the new administration of President Federico Franco has diminished considerably.

Paypal is to prevent users in Argentina from transferring money between their own accounts. The online payment service said that from 9 October: Argentina resident Paypal-users may only send and receive international payments.

Veteran Communist leader Santiago Carrillo, Spain's last surviving public figure to have taken an active part in the civil war and the reinstatement of democracy has died at age 97, sources close to the family said.

Iran's Foreign Minister Ali Akbar Salehi formally requested his Argentine counterpart Héctor Timerman for a meeting to be held next week at the United Nations General Assembly, the Ministry reported.

The 2015 Annual Meetings of the World Bank Group and the International Monetary Fund will take place in Lima, Peru, in October 2015, following a vote by the Boards of Governors of the two institutions.

United Nations Special Rapporteur on Indigenous Peoples, James Anaya called on Argentina to cease the eviction of indigenous communities from their lands, during the presentation of the annual report of his office before the UN Human Rights council in Geneva.

As Spain doubles efforts to ensure full attendance to the coming Ibero-American summit in Cadiz, next 16/17 November diplomatic sources recalled what happened in the previous event which took place in Asuncion, with Fernando Lugo president and which was considered a failure since eleven leaders missed the event including Mercosur full members, Argentina, Brazil and Uruguay.

The latest round of US quantitative easing will create many problems for emerging countries and Brazil will take action to keep the Real from rising in value, Brazilian Finance Minister Guido Mantega said on Tuesday.

President Federico Franco and the head of the Spanish government Mariano Rajoy will address the participation of Paraguay in the coming Ibero-American summit scheduled for November in Cadiz, taking advantage of their presence in New York next week for the UN General Assembly.