Continuing with the so called ‘dollar clamp’ Argentine institutions issuing credit cards will further limit the extraction of dollars from automatic cashiers: travellers to neighbouring countries will only be allowed 100 dollars every three months and those visiting non neighbouring countries, 800 dollars per month.
For several days beginning Wednesday Uruguay, as its neighbours, Brazil and Argentina will be ruled by a woman. Lucia Topolansky, Fist Lady but also Senator and third in the succession line will become interim president since her husband is off on an official trip to China and Europe, and Vice-president Danilo Astori will be attending the Alliance of the Pacific summit in Colombia.
Brazil’s main financial newspaper Valor Economico revealed that the recent summit between Presidents Cristina Fernandez and Dilma Rousseff from Argentina and Brazil was far from polite and enlightening, rather the contrary with “strong disagreements in the fields of trade and investment” shaking the foundations of Mercosur.
Venezuelan president Nicolas Maduro admitted to knowing ‘with IDs and all’ who are the 900.000 Chavistas who crossed lines and did not vote for him in the 14 April election which anointed him as the successor of deceased Hugo Chavez.
By Jude Webber in Montevideo - The Financial Times has published a piece on Uruguayan president Jose Mujica and his view on the future and his government’s policy towards two powerful neighbors, Argentina and Brazil.
President Federico Franco said Paraguay has long cancelled its debts for the construction of two huge shared hydroelectric dams with its powerful neighbours and demanded Argentina pay for the surplus energy it receives and compensation for flooding Paraguayan territory.
Venezuelan president Nicolas Maduro said he is prepared for political dialogue with the leader of the opposition Henrique Capriles to ensure peace in the country, even if it means “talking to the devil”. He also warned that United States must “give a huge leap forward” if relations as equals are to be advanced between Caracas and Washington.
President Nicolas Maduro accused Lorenzo Mendoza, owner of Empresas Polar SA, Venezuela’s largest privately held company, of reducing food production and creating shortages amid record scarcity and the region’s fastest inflation close to 30%.
Paraguay has made official its request to become an observer of the Pacific Alliance, (Colombia, Chile, Mexico and Peru), as part of its policy to strengthen relations with other countries that goes beyond Mercosur and has proven very successful for the exchange of experiences.
Paraguayan president elect Horacio Cartes transition team said that Venezuela should be present at the inauguration ceremony of the new head of state scheduled for 15 August, despite the ‘current circumstances’ of bilateral relations.