
Brazil is holding military exercises along its Atlantic coast with the deployment of 10.000 troops from the three services to ensure the country can protect its nuclear plants and massive offshore oil industry.

Venezuela’ Foreign Affairs minister Nicolás Maduro revealed to Paraguayan officials that his country would be proposing in the coming Unasur meeting a “political negotiation” to end decades of political violence in Colombia.

Uruguayan president Jose Mujica will be meeting with his peer Cristina Kirchner Wednesday in Buenos Aires in what seems an attempt to unbind differences relative to the joint monitoring of the river Uruguay, particularly the Finnish pulp mill UPM/Botnia which is at the heart of the ongoing dispute between the neighbouring countries.

Outgoing Colombian president Alvaro Uribe criticized Tuesday the possibilities of a peace proposal with the Colombian guerrilla groups FARC and ELN and emphasized that Colombia will not fall into the trap of “internationalizing dialogue”.

The population in the European Union (EU) rose to over 500 million this year, official figures released by the EU statistics office Eurostat on Tuesday showed.

OPEC member Ecuador says it will start renegotiating contracts with private oil companies as it moves to increase state control over the sector. Under the new hydrocarbons law, the current production-sharing agreements will be replaced by a flat fee.

Paraguayan officials downplayed statements by Brazil’s main opposition presidential candidate Jose Serra who said that Brazil is doing “philanthropy with Paraguay and Bolivia”.

Unasur (Union of South American Nations) chairman Nestor Kirchner confirmed Monday ongoing contacts at different levels to try and defuse the Colombia/Venezuela conflict.

Colombia, Chile and Peru are increasingly the platform for South American trade with China, according to official statistics. The three countries have China as one of the largest and most dynamic trade partners and are working on a common strategy for further liberalization of trade.

India could become the main buyer of Argentine soybean oil according to Industry Minister Deborah Giorgi. The official made the announcement following a meeting on Monday with Indian in Buenos Aires Rengaraj Viswanathan.