Weekend Headlines: August 27-28, 2011

* Mexico: President Felipe Calderon deemed as "true terrorists" those responsible for a deadly arson attack in Monterrey on Thursday but would it be better to heed ex-leader Vicente Fox's suggestion of negotiating with drug gangs?

* Chile: Chilean police have come under fire after authorities confirmed yesterday that a teen was killed during major anti-government protests.

* South America: A six-year-long diplomatic quarrel between Argentina and Uruguay over a Finnish-owned pulp mill seems to have come to an end.

* Guatemala: The country's Constitutional Court gave the green light for the extradition of ex-President Alfonso Portillo to the U.S. where he awaits trial.

* Argentina: An agreement was reached that would allow for a 25% increase of the minimum wage.

* Venezuela: Central bank data indicated that the Venezuelan economy is supposed to grow by 2.5% in the second quarter this year, which is 2.3% less than the first quarter.

Online Sources - Xinhua, Sacramento Bee, Voice of America, Reuters, El Universal, Bloomberg
Video Source - YouTube via Al Jazeera English