Ecuador's President Correa is resisting calls to reconsider a scrapped initiative to leave Amazon crude oil untouched.
Venezuela faces a host of challenges in 2014: it has one of the highest murder rates in the world and is deeply politically polarised. But arguably it is the poor state of its economy that is the most pressing of the problems facing President Nicolas Maduro. The BBC's Irene Caselli in Caracas takes a closer look at Venezuela's economy.
Think of coffee and you will probably think of Brazil or Colombia but the world's second largest exporter today is Vietnam. How did its market share jump from 0.1% to 20% in just 30 years, and how has this rapid change affected the country?
To boost global trade a deal has been approved by the World Trade Organization's 159 member economies for the first time in nearly two decades, keeping alive the possibility that a broader agreement to create a level playing field for rich and poor countries can be reached in the future.