Mercosur

Mercosur
Friday, September 2nd 2016 - 16:44 UTC

Strong support for Temer and his government from China

“China has great confidence in Brazil's development prospects, as well as confidence in cooperation between China and Brazil” said Xi

Brazil's new president Michel Temer received strong support from Beijing when Chinese president Xi Jinping expressed confidence in Brazil's ability to maintain stability and cooperation between the two countries, during a meeting on Friday with Temer in Hangzhou, the resort that will host the G20 summit

Thursday, September 1st 2016 - 23:29 UTC

Uruguay's Home Secretary questions the legitimacy of Temer, and calls removal of Rousseff, a “coup”

Bonomi made the statement to a Montevideo radio station when asked specifically if he considered the destitution of Rousseff a coup, he replied, “I believe so”.

Uruguay's Home Secretary Eduardo Bonomi described the removal of Brazilian ex president Dilma Rousseff as a “coup” and underlined her successor Michel Temer “has no legitimacy” to occupy the Executive. He added that the events of this week in Brazil have had an impact on Brazilian democracy and the region overall.

Wednesday, August 31st 2016 - 20:29 UTC

Brazil's political system confirms President Temer, removes 'outsider' Rousseff

The Senate voted 61 to 20 the “foretold death” conviction of Rousseff on charges of manipulating the budget in an effort to conceal mounting economic problems.

The Brazilian Senate on Wednesday midday impeached suspended president Dilma Rousseff, and removed her from office for the rest of her term, ending a power struggle that has consumed the nation for months but has not solved any of its mounting problems, rather the contrary. Vice-president and interim president Michel Temer will formally replace the first woman president of the country.

Tuesday, August 30th 2016 - 04:38 UTC

Mercosur members who disagree and don't accept consensus “can walk out”...

“Mercosur members are well aware that the same way they decided to belong to the group, they can walk away...” said minister Loizaga

Paraguay said Mercosur will continue to function and is waiting for a reply from Uruguay to confirm a collegiate presidency of the block, until Argentina takes the helm at the end of the year. If not, “Mercosur members are well aware that the the same way they decided to belong to the group, they can walk away...”

Sunday, August 28th 2016 - 03:59 UTC

Eight Paraguayan soldiers executed by rural guerrillas following an attack on a patrol

The truck which was attacked with explosives planted in a rural country road

Eight Paraguayan soldiers died on Saturday in a rural roadside explosion, followed by execution of survivors, 500 kilometers north of the capital Asunción, the government said, blaming it on a criminal group which identifies itself as the EPP, acronym for Paraguayan People's Army.

Sunday, August 28th 2016 - 03:56 UTC

Rousseff takes the stand on Monday, following the round of defense witnesses

Tension is building ahead of Monday when Rousseff, from the leftist Workers' Party, will take the stand for the first time and face her accusers.

Suspended Brazilian president Dilma Rousseff's former economy minister testified Saturday that Rousseff did not break any laws justifying impeachment, as her trial closed in on next week's climax. Rousseff is accused of taking illegal state loans to help bridge budget shortfalls and mask the true state of the economy during her 2014 reelection campaign. The president argues the charges are trumped up and amount to a rightwing coup.

Saturday, August 27th 2016 - 05:45 UTC

Mercosur founding members confident of a solution to the Venezuela situation

Gauto said a meeting was scheduled and “the sooner the better”. Next October Mercosur and EU are scheduled to hold a new round of talks on a trade agreement.

The foreign ministers of Mercosur founding members will adopt a common position regarding the current disarray of the group following on Venezuela's unilateral attitudes said Paraguayan economic affairs and integration deputy minister Rigoberto Gauto.

Friday, August 26th 2016 - 11:53 UTC

Nin Novoa exposes Mercosur disarray: “It's her; I'm the only minister she talks to”

Nin Novoa receives the call on its cell phone, smiles and comments it was Delcy Rodriguez

The fracture in Mercosur was candidly revealed by Uruguay's foreign minister Rodolfo Nin Novoa during an agro-business conference of cooperatives in Montevideo when he received a phone call from his Venezuelan peer Delcy Rodríguez.

Thursday, August 25th 2016 - 09:14 UTC

Mercosur fractured and in disarray: Venezuela isolated

Venezuela convened the Mercosur meeting a day after coordinators from the four full members held a full  day round of talks, also in Montevideo,

Mercosur on Wednesday displayed another chapter of its internal disarray, almost farcical, when Venezuela which proclaims the presidency of the group convened a meeting at the Montevideo administrative offices that was only attended by full member Uruguay and aspiring member Bolivia.

Wednesday, August 24th 2016 - 07:11 UTC

Mercosur coordinators' address domestic and international agendas, despite admitting “emergency situation”

Founding members' coordinators spent a full day of discussions at Mercosur HQ in Montevideo. Venezuela did not attend.

Mercosur founding countries national coordinators met on Tuesday in Montevideo and admitted that the block is going through an “emergency situation” because of the presidential acephaly, but agreed on proposals to overcome the challenge and in a “business as usual” spirit, are readying for a meeting with the EU on trade negotiations and on the Action Plan to advance closer links with the Pacific Alliance.

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