Mercosur

Mercosur
Monday, May 16th 2016 - 21:35 UTC

Urban unemployment in Latin America to increase 7% this year, says ECLAC

After six years without any increase, unemployment started growing in Latin America in 2015, going from 6% in 2014 to 6.5% last year.

Urban unemployment in Latin America will hit 7% this year, growing 0.5 percent point from last year’s 6.5% rate, the International Labour Organization (ILO) and the Economic Commission for Latin America and the Caribbean (ECLAC) said in a joint report — a drop linked to the region’s lower growth.

Monday, May 16th 2016 - 18:56 UTC

The Falklands would be safer after Brexit

UK’s liberation of the Falklands, which strengthened the credibility of British power worldwide for decades, did not benefit at all from membership of the EEC

By Julian Thompson for The Telegraph (*)

As the EU referendum campaign enters its final stages, the Remain camp is resorting to ever more desperate fear tactics to win the argument. The latest – and most ludicrous – proposition is that the future of UK dependent territories will be under threat if we leave. Without EU support, we are told, Argentina would perceive Britain as “weakened” and might invade the Falklands.

Monday, May 16th 2016 - 18:49 UTC

Venezuelan soldiers steal goats because no food is left in the barracks

The incident was reported by El Nacional on its Sunday edition, with six soldiers detained by local authorities

The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.

Friday, May 13th 2016 - 06:27 UTC

Uruguay says beef and ethanol are included in Mercosur/EU proposals, but with no volumes or time span

Nin Novoa said beef and methanol were not specified, in volume or time periods, for the moment given the sensitivity of the issues.

Uruguay's foreign minister Rodolfo Nin Novoa said on Thursday that all agriculture products are included in negotiations for a wide ranging trade and cooperation agreement between Mercosur and the European Union. The chief negotiator for Mercosur underlined that contrary to what was announced by some media, beef and ethanol are included in the proposals exchanged on Wednesday in Brussels between the two blocks.

Thursday, May 12th 2016 - 18:26 UTC

Rousseff vows to keep fighting the “coup” that pretends to ignore her 54 million votes

”I confess, I never imagined it would be necessary to fight against a coup in my country,” Rousseff said in a speech to the nation.

Suspended Brazilian President Dilma Rousseff called the impeachment a ‘coup’, the result of a fraudulent process that ignores the 54 million people who voted for her, but vowed to keep fighting hours after on early Thursday, the Senate voted in favor of her impeachment trial.

Thursday, May 12th 2016 - 17:37 UTC

Temer acting president of Brazil after a 55/22 Senate vote to impeach Rousseff

The impeachment process was supported by 55 Senators, which is one more than the two thirds, 54, needed to definitively remove Rousseff

After 20 hours of debate, a clear majority in the Brazilian Senate voted on early Thursday morning to suspend Brazilian President Dilma Rousseff, an action that removes her temporarily from office and sees her replaced by interim vice-president Michel Temer during her impeachment trial, which in 180 days could see her successor become full president until January 2019.

Thursday, May 12th 2016 - 04:42 UTC

EU and Mercosur exchanged market access offers; beef and ethanol excluded as 'sensitive' products

Negotiators, for EU Trade Commissioner Cecilia Malmström and for Mercosur, Uruguay's foreign minister Rodolfo Nin Novoa, made the exchange in Brussels

Trade Commissioner Cecilia Malmström and the Foreign Affairs Minister of Uruguay Rodolfo Nin Novoa, on Wednesday exchanged EU and Mercosur offers on access to their respective markets of goods, services and establishment and government procurement. However this first exchange excluded 'sensitive' items such as beef and ethanol, according to EU sources. The details of the documents exchanged were not made public.

Wednesday, May 11th 2016 - 09:23 UTC

Brussels assures EU farmers that beef is out of trade negotiations with Mercosur

Commissioner Hogan said that Mercosur beef would be ‘off the menu’ and would be withdrawn from the current negotiations with the Mercosur trading bloc.

The European Union Commissioner for Agriculture and Rural Development, Phil Hogan, announced on Tuesday that beef will not be part of the current Mercosur trade deal negotiations. The news follows a meeting between the Commissioner and NFU Cymru, which was held on Glamorgan NFU Cymru Chairman, Abi Reader’s farm, in the Vale of Glamorgan, Wales.

Tuesday, May 10th 2016 - 17:47 UTC

Rousseff's impeachment process back on track: Senate votes on Wednesday

Acting Speaker Maranhao on Monday annulled the Lower House's April vote on the impeachment process and a constitutional standoff

Brazilian President Dilma Rousseff's impeachment process and possible suspension from office is back on track after the acting speaker of the Lower House, Waldir Maranhao repented and withdrew his controversial decision to annul an April 17 impeachment vote.

Saturday, May 7th 2016 - 08:29 UTC

Falklands' MPA infrastructure to be upgraded with a £55.7 million contract

 The contract is for the upgrade of the main power station, main boiler house and district heating system, which have been in service for a number of years

A £55.7 million contract to upgrade infrastructure at MPA, in the Falkland Islands was signed this week between Southampton based Trant Engineering Ltd and the UK Defense Infrastructure Organization (DIO).

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