
The president of Argentina’s Plaza de Mayo Grandmothers Estela de Carlotto will be honoured as “illustrious citizen” of Mercosur during the group’s coming summit to be celebrated in Asuncion, Paraguay at the end of June, reported the Argentine Foreign Affairs ministry.

Brazilian Industry Secretary Alessandro Teixeira said on Wednesday that no progress has been made so far regarding the trade impasse over Brazil’s import delays for Argentine cars and auto parts, but denied any crisis with Argentina since negotiations are on-going.

Mercosur described the reconciliation agreement reached by Honduras president Porfirio Lobo and his predecessor Manuel Zelaya, ousted in 2009, as a fundamental step in the process of normalizing relations in the hemisphere.

United States Treasury Secretary Timothy Geithner said France's Christine Lagarde and Mexico's Agustin Carstens are both credible candidates to lead the International Monetary Fund, but he wants the candidate who can earn the broadest support.

One of the world’s biggest tobacco companies is launching a claim against Uruguay for considering the country’s legislation commercially damaging to the company. Philip Morris corporation has filed a claim at the International Centre for Settlement of Investment Disputes (ICSID), a World Bank branch.

At least four candidates will stand for election at the Falkland Islands Legislative Assembly by-election (Stanley constituency) on June 23; only one of which has never taken up a place in former Legislative Assemblies.

The Falkland Islands right to self determination “is undiminished as is the support from the UK to uphold that right and no amount of posturing by others can affect that right”, said Governor Nigel Haywood in his ‘State of the Nation’ address to the Legislative Assembly at the opening of the budget session.

Chileans of German, British, Italian, Spanish, Japanese, French, Arab and Israeli descent sacrificed part of their heritage in the late 19th and early 20th centuries upon immigrating to Chile. Though their history is oft-forgotten in modern-day Chile, new exhibitions on display in Santiago and Valparaíso this month will show more than 70 photographs and 50 personal items representing the immigrant experience.

Gibraltar’s opposition has signalled unease with the prospect of the conservative PP forming a government in Spain in the near future. In a statement analysing the municipal results the Opposition says that Gibraltarians will feel “extremely nervous” about the prospect of the PP in power.

Uruguay is the most peaceful country in Latin America followed by Costa Rica and Chile according to the latest edition of the Global Peace reported released Wednesday by the Institute for Economy and Peace.