Latin AmericaLatin America
Venezuela’s grim situation is impacting not only millions of households around the country: it is also sending panic waves across the Caribbean all the way to Cuba, a solid ally that for decades now has relied heavily on Chavismo’s generosity.
Venezuela has defiantly confirmed that is will fully exercise the self-proclaimed presidency of Mercosur, despite the opposition from Argentina, Brazil and Paraguay, who consider the chair vacant and are meeting in Montevideo to find an alternative for the six month mandate.
Multi-millionaire members of the US Olympic basketball team have rented a massive luxury cruise ship to call their home while they compete at the Rio Olympics. Super rich members of the 'Dream Team' are shirking the nightmare of the Olympic Village, still undergoing finishing touches in some areas and likely to remain under construction throughout the games in others. Members of the women's team are also reported to be calling the cruise ship home.
Rio de Janeiro Olympics opening ceremony on Friday will break with the recent tradition of large-scale and expensive shows, featuring a low-emissions cauldron and an analogue experience, executive producer Marco Balich said.
Argentina and Mexico agree on the need to reach absolute integration and free trade, as part of the closer bilateral relations confirmed with the visit to Buenos Aires of Mexican head of state Enrique Peña Nieto.
The head of the International Olympic Committee played down problems with unfinished accommodation in Rio de Janeiro that have prompted some teams to abandon the Olympic village, saying he expected Brazil to host a “fantastic” games.
Uruguay made public on Friday a letter sent to Mercosur fellow full members stating the finalization, this Saturday 30 July, of its six-month presidency of the group, which means the rotating chair should be transferred to Venezuela. The letter was accompanied by a 32 page report of its six-month as chair of the group, particularly intense because of the trade negotiations with the European Union.
Mercosur controversy: Brazil does not oppose Venezuela, but Caracas must first comply with agreed set of rules
Brazilian interim president Michel Temer laid out the steps Venezuela must comply with before it is confirmed as full member of Mercosur, and following on that can effectively become chair of the group. Temer's Friday statement makes clear Brazil's position in the ongoing controversy regarding Venezuela's aspiration to succeed Uruguay in the rotating chair.
Kuczynski pledges to modernize Peru and a “social revolution” to fight poverty, racism and corruption
Pedro Pablo Kuczynski took office as Peru's president on Thursday, asking the opposition-controlled Congress to help him fight income inequality and ensure all Peruvians have access to running water, health care and free primary education.
Pedro Pablo Kuczynski takes office as Peru's presidency this Thursday with a Cabinet that shares his Ivy League, pro-business pedigree — a reliance on technocrats that could become a liability as he deals with an unfriendly congress, a resurgent left and environment aware peasants and indigenous peoples living on rich natural resources.