
The eight nation Arctic Council agreed steps on Thursday to make the region safer and promised to study ways to prevent oil spills as fast-melting ice and snow open access to rich mineral and petroleum resources.

Brazil’s Commerce and Industry minister Fernando Pimentel called on the Argentine government to de-activate restrictions on Brazilian exports and revealed he had addressed a letter to his Argentine peer Debora Giorgi exposing restrictions on bilateral trade and demanding a reply this coming week end.

The United States free trade deals with Colombia, Panama and South Korea will pass through Congress by August if Republicans renew funding for the retraining of displaced workers, the chief U.S. trade official said Thursday.

The inability of the United States Congress and the administration to move three stalled free trade agreements is hurting US economic growth, testified American Farm Bureau Federation President Bob Stallman before the House Agriculture Committee.

Institutionalization of Mercosur and changing its public opinion image are the main issues Brazil’s Samuel Pinheiro Guimaraes plans to address, at his new post of Mercosur High Representative-General since February.

Activities in Uruguay’s private bank branches were partially altered Thursday following the killing earlier in the week of a security guard during a robbery attempt. This was the seventh bank robbery since the beginning of the year and triggered a controversy between the banks and the Ministry of Interior.

German Chancellor Angela Merkel expressed support for Italy’s Mario Draghi as the next president of the European Central Bank, removing the final obstacle to his appointment to Europe’s top monetary post.

Brazilian president Dilma Rousseff claimed that land reform was needed to eradicate poverty, avoid overcrowding in urban areas and as a matter of justice for the long delayed distribution of land.“

The existence of ‘inconveniences’ with Mercosur largest economies is delaying reaching a trade agreement with the European Union, according to Germany’s Ambassador before the government of Paraguay, Claude Robert Ellner.

Ten veterans of HMS Fearless, deployed as part of Operation Corporate during the 1982 Falklands conflict, were reunited on a pilgrimage to the Falklands this week.