Former Uruguayan president Julio Maria Sanguinetti and founder of the Montevideo Circle Foundation said Mercosur was not created to become a fortress of hyper protectionism but rather to promote competition and integration with flexibility. Sanguinetti participated in a round of conferences of the Montevideo Circle Foundation in Paraguay.
Argentina's current confrontation in New York with Judge Thomas Griesa and the holdout speculative funds brings up the issue of having resigned the sovereignty of Argentine courts at the time of negotiating or restructuring foreign debt.
Venezuela confirmed Monday that its relations with China have become a fundamental pillar for making progress in almost all sectors of its economy. With a new portfolio of accords and almost 5.7 billion in loans, Beijing will provide support in many key areas.
Ten hectic days ahead for Argentina since come 30 July and no agreement has been reached at the New York court of Federal Judge Thomas Griesa, (full payment plus accrued interests to holdout speculative funds) the country would be forced to a second default in twelve years with all the political consequences for Cristina Fernandez and Mercosur.
Former Brazilian president Fernando Henrique Cardoso said that Mercosur has 'yet to crystallize as a customs union' and pointed to the common external tariff which is the founding stone but is full of objections as the main hurdle. Nevertheless I remain positive about the strength of Mercosur.
Spain accused Britain of “unacceptable interference” for launching a diplomatic protest over the actions of a Spanish navy vessel off Gibraltar.
In the Government of South Georgia and South Sandwich Islands’ annual address to the tourism industry at the IAATO (International Association of Antarctica Tour Operators) meeting in Providence, Richard McKee, GSGSSI Executive Officer summarized the 2013-14 season as incredibly busy and diverse given the 55 cruise ship calls.
Argentine investigative reporter Jorge Lanata, loathed by the current government of president Cristina Fernandez for his disclosure of the close business links of certain unscrupulous entrepreneurs (or most probably straw-men) who have become millionaires during the Kirchner years, has now exposed the 'calamitous' state of the Argentine armed forces equipment.
Argentina asked U.S. judge Thomas Griesa on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, while it seeks a global resolution.
President Jose Mujica underlined the strong identity of Uruguay with the Paraguayan people, but also recalled no the “immense debt that we never settled or will we ever be able to settle for having participated in the War of the Triple Alliance”.
Guyana’s offshore exploration for oil in areas being contested by neighboring Venezuela is being faced with setbacks. Natural Resources and Environment Minister Robert Persaud in making the revelation said this is linked to the expulsion and temporary seizure of the Malaysian seismic research vessel, RV Teknik Perdana, by Venezuela’s Navy last year.
Daniel Filmus head of the Argentine Foreign ministry office on Issues related to the Question of Malvinas, underlined the support from China to Argentina' sovereignty claim over the disputed Islands, which was “clearly expressed” in a joint declaration signed by Presidents Cristina Fernandez and Xi Jinping, currently on a visit to several Latin American countries.
Ceremonies have been held in Germany to mark the 70th anniversary of a failed 20 July 1944 attempt by military officers to kill Adolf Hitler. The conspirators are now regarded as German patriots for their actions.
Thomas Saieg, the vice president of the Argentine AMIA Jewish community centre, the target of a terrorist attack which left 85 people killed back on 18 July 1994, demanded on Friday “a new trial as soon as possible to know what happened.”
- Pope sends message demanding justice on 20th anniversary of AMIA bombing
- A money rich China and Brazil dispute influence in Latam
- FIFA's calendar of world cups: US in 2026 and Uruguay/Argentina 2030?
- Embraer's 20-year market outlook: 6,250 new jets in 70 to 130-seat segment
- Over 30% of Argentine children live in households below the poverty line
- Spanish ambassador to UK summoned over incident in Gibraltar waters
- BOT leaders, including Falklands, meet in Cayman Islands ahead of London's December council
- Falklands enters oil production stage: contract awarded for designing tension leg platform