
Ecuador has been, and is open to dialogue to the UK if London withdraws its “threat” to raid the embassy in London to arrest Wikileaks founder Julian Assange, according to Ecuador’s Foreign minister Ricardo Patiño who revealed that the two countries had been holding bilateral discussions on the issue for the last two months.

Speaking on Sunday in front of the condor of the Ecuadorean coat of arms on the white balcony railing of the embassy in London, Wikileaks founder Julian Assange thanked President Rafael Correa and Ecuador's diplomats, whom he praised for standing up against oppression, but also revealed the police tried to break in last Wednesday.

The founder of WikiLeaks Julian Assange used the balcony of the Ecuadorean embassy on Sunday to berate the United States for threatening freedom of expression and called on President Barack Obama to end what he called a witch-hunt against his whistle-blowing website.

Ecuador has reiterated its intention of joining Mercosur but this needs to be compatible with the rules from the Community of Andean Nations, CAN, (to which it now belongs) said Ecuadorean ambassador Horacio Sevilla Borja.

Following over a hundred arrests made on Thursday and clashes with police, students in Santiago occupied on Friday the central building of the University of Chile, the country’s most important higher education facility, as the demands to the government over education reform ensue.

Brazil's economy enjoys sound fundamentals for sustainable growth, with an economic expansion likely to pick up speed in the next few quarters, Central Bank President Alexandre Tombini said at a business conference Friday.

One of the world’s leading banks, the Industrial and Commercial Bank of China (ICBC) has been authorised to operate in Brazil, indicates a Brazilian government decision published on Thursday in the official gazette.

Argentina’s Central bank confirmed that during the “Kirchner era” the country paid 32 billion dollars in pending debts, “the centre piece of the policy to recover sovereignty by cutting indebtedness” and praised the decision to appeal to the bank’s international reserves to support such a policy.

The Organization of American States (OAS) has scheduled an emergency meeting of its foreign ministers next week to discuss the differences between Ecuador and Britain over the asylum that Quito granted to WikiLeaks founder Julian Assange.

Another major diplomatic conflict between South America and the UK, as with the Falkland Islands’ sovereignty dispute, could turn nasty following Latinamerican strong support for Ecuador and its granting of political asylum to Wikileaks founder Julian Assange and London’s explicit determination to deny him a safe conduct and have him extradited to Sweden.