Daily Headlines: June 29, 2012 (Updated)

* Paraguay: The Mercosur bloc will allegedly suspend Paraguay over the controversial impeachment of President Fernando Lugo but will not push for economic sanctions.

Update: Mercosur did indeed temporarily suspend Paraguay until new presidential elections take place in April 2013.

The suspension thus allowed Venezuela to become a member of Mercosur since the Paraguayan legislature was the only opposition preventing Venezuela's membership.

* Ecuador: Wikileaks founder Julian Assange said that he “almost certainly will not” leave the Ecuadorean embassy in London and surrender to local police.

* Venezuela: Rafael Ramirez, Venezuelan oil minister and president of state-run oil firm PDVSA, claimed that the company would start exploratory drilling off the Cuban coast.

* Colombia: Police commanders alleged that the FARC rebels use children as young as fourteen in order to detonate explosives.

Video Source – YouTube via Al Jazeera English

Online Sources including Update- BBC News, Boston.com, euronews, LAHT, Reuters