
Colombia's largest rebel group has blown up a section of the 220.000-barrel-per-day-capacity Caño Limon-Covenas oil pipeline, Ecopetrol and the army said, in the latest in a series of attacks on oil infrastructure.

The Gibraltar government has told the UK that 'the time has now come for action, not simply written protests from London to Madrid' in defence of British Gibraltar Territorial Waters, following the latest incident where a Gibraltar vessel was boarded by the Guardia Civil in Gibraltar waters 'and forcibly conveyed' together with its occupants to Algeciras 'at high speed and without navigational lights.'

President Vladimir Putin signed the bill ratifying Russia’s entry to the World Trade Organisation after 18 years of often acrimonious negotiations, the Kremlin press office said.

European Parliament president Martin Schulz warned this weekend that Spain's economic crisis could spark a social explosion across the continent.

Paraguay will not be sanctioned by the Organization of American States, said the country’s ambassador on Friday following an informal meeting behind closed doors of OAS Permanent Council.

The head of the International Olympic Committee Jacques Rogge assured he was “glad” that President Cristina Fernández had called the Argentine athletes to avoid demonstrations over the Falklands/Malvinas Islands sovereignty dispute during the Olympic Games of London 2012.

Venezuelan president Hugo Chavez said he had talked with his peer from Brazil Dilma Rousseff who confirmed the invitation to an extraordinary meeting of Mercosur next July 31 in Rio do Janeiro.

Consumer prices in Brazil rose faster than expected in the month to mid-July on higher food costs, suggesting the central bank may have less room than previously believed to cut interest rates much further.

Argentina's economy contracted in May and industrial production slumped further in June, according to government data released on Friday. Economic activity fell 0.5% in May year-on-year, slowing from April's 0.6% growth rate and marking the first contraction in 34 months.

The European Union - Mercosur trade negotiations calendar has been delayed and its full resumption is expected to take place in September or soon after, reports the EU press office in Montevideo.