
Argentina’s chief of the powerful CGT Labour Confederation Hugo Moyano blasted President Cristina Fernandez and her government during a massive rally Wednesday in the heart of Buenos Aires at the highly symbolic Plaza de Mayo.

United States strongly supports the Organization of American States Council decision to send a top level delegation to Paraguay headed by Secretary General Jose Miguel Insulza, said on Wednesday US State Department spokesperson Victoria Nuland during the daily briefing.

The two call for dialogue but at the same time argue they are victims of extortion so it is difficult to see reconciliation, rather as escalation of the confrontation between President Cristina Fernandez and organized labour chief Hugo Moyano, particularly following on Wednesday national strike and rally at Plaza de Mayo.

As was anticipated and ahead of a crucial European Union leaders summit Chancellor Angela Merkel’s Cabinet approved on Wednesday a spending plan that balances Germany’s federal budget three years earlier than required by its own rules.

Paraguay’s head of the Industrial Union Eduardo Felippo said that he’s supportive of the possibility that the country is excluded from Mercosur, adding that “the rest of the members are going to lose more money than us”

The Brazilian government plans to buy over a third of the country’s output of buses and reduce borrowing costs for state-funded investments to a record as part of a new round of measures to revive stalled growth.

The Greek government has appointed a new finance minister after its first choice resigned due to ill health less than a week after being appointed. Economist Yannis Stournaras has now been appointed, the government said.

Bolivia's police ended a violent mutiny and went back to work on Wednesday after reaching an accord with government ministers and the police leadership on pay and disciplinary rules, satisfying lower-ranking officers who had rejected a previous deal.

The head of Argentina’s Supreme Court Ricardo Lorenzetti played down the possibility of a parliamentary system in the country because it would represent an “upturn of 180 degrees”, besides there is no clear initiative to reform the constitution.

Britain's Queen Elizabeth shook the hand of former Irish Republican Army (IRA) commander Martin McGuinness for the first time on Wednesday, drawing a line under a conflict that cost the lives of thousands of soldiers and civilians, including that of her cousin.