While facing the challenge of police unrest that has spread to half of the Argentine provinces the government of President Cristina Fernandez is designing a plan to counter the threat of further rioting and looting on 20 December, the anniversary of the worst day of the 2001 crisis which forced the resignation of then elected president Fernando de la Rúa and was followed by the largest sovereign debt default in Argentine history.
The Paraguayan Senate is expected to vote this Tuesday the incorporation of Venezuela to Mercosur as full member in an extraordinary meeting, according to Senator Julio César Velázquez from the ruling party. To have the Venezuelan protocol approved 23 out of 45 Senators have to lift their hands, but according to previous surveys only 15 are expected to dissent.
The Argentine police crisis in demand for higher salaries and better working conditions and which prompted protests and further lootings in several provinces last week and during the weekend rapidly spread on Monday to other districts.
The Argentine police unrest in demand for higher wages which started last Monday in Cordoba has rapidly spread to at least eight other provinces and the central government in Buenos Aires is preparing for a major challenge. It has already sent special gendarmerie forces to Santa Fe and Cordoba, on request from the governors.
Argentina will from next week open the doors for Brazilian imports held up on the border between the two nations, including footwear and motor vehicles, according to Brazilian Minister of Development, Industry and Foreign Trade Fernando Pimentel.
The US government has asked the US Supreme Court to intervene over a hedge fund's effort to gain information about Argentina's non-US assets as part of an ongoing litigation, which is rapidly becoming a lead case regarding sovereign assets and sovereign debts rescheduling.
The 127 Argentine Lower House members who were elected in the 27 October midterm election took the oath of office during a ceremony in Congress on Wednesday which ensures the ruling coalition of President Cristina Fernandez the necessary votes for quorum and absolute majority.
The governor of the Argentine province of Córdoba José Manuel De La Sota confirmed on Wednesday a wage deal was reached to end a conflict and protest staged by the police force on Tuesday which coincided with a wave of looting and left two people dead.
United States praised Argentina for its latest commitment to the payment of a debt worth more than 600 million dollars to five companies in exchange for the ending of legal action. The message was transmitted by the US most senior representative in Argentina Kevin Sullivan, in a brief encounter with cabinet chief Jorge Capitanich, according to reports in Ambito Financiero.
Looting and robbing spread to several areas of the Argentine city of Cordoba on Tuesday evening and night following a walkout from the police in the midst of a conflict over pay and other benefits.