Mercosur

Mercosur
Friday, March 25th 2016 - 05:26 UTC

Unemployment in Brazil reaches 9.5%, the highest level since 2012

The number of people out of work by the end of January rose to 9.6 million — up 6% from the previous three-month period.

Unemployment in Latin America's largest country is at its highest level since 2012, the Brazilian government said on Thursday. Brazil's IBGE statistics bureau said that the jobless rate in the three months through January was 9.5%, compared to the 6.8% in the same period one year ago.

Friday, March 25th 2016 - 05:20 UTC

US government supports Argentine appeal to lift injunctions in its debt dispute

The announcement was made on Thursday, as Barack Obama ends a two-day visit to Argentina during which he expressed his firm support to Macri's administration

In another display of support for the Argentine administration of president Mauricio Macri, the government of the United States affirmed it has “significant foreign policy interests” in finding a “rapid” resolution to the long-standing dispute between Argentina and bondholders.

Thursday, March 24th 2016 - 19:34 UTC

Obama pays homage to victims of Argentine dictatorship and admits “US was slow to speak out for human rights”

US “has to examine its own policies as well, and its own past,” said Obama.“We've been slow to speak out for human rights, and that was the case here.”

President Barack Obama paid homage on Thursday to victims of Argentina's former US-backed dictatorship, admitting the United States was “slow to speak out for human rights” in those dark days. Obama became the first US president to formally acknowledge the victims of the 1976-1983 military regime, which declassified documents have revealed was supported by top US officials.

Thursday, March 24th 2016 - 02:03 UTC

Brazilian Supreme Court emerges with a decisive role in the institutional crisis

“The goal of the falsity is clear: to prevent the carrying out of an arrest order,” against Lula that is under consideration by a lower court, wrote Gilmar Mendes

The Brazilian government's efforts to have former president Lula da Silva into the cabinet of president Dilma Rousseff will have to wait until next 30 March when the Supreme Court is scheduled to hold its next full meeting. The political upheaval and simultaneous legal back-and forth has reached such a pitch that it inspired a bleakly funny website, lulaeministro.com, or “Is Lula a minister?” The site shows only the former president’s face and the words, “At this moment, No.” (Or yes, depending).

Thursday, March 24th 2016 - 01:16 UTC

Time bomb in Brazil: list of 200 names of politicians from 18 parties who received illegal funds for elections

Sao Paulo media published that the Federal Police since last 23 February have a list of 200 politicians, which apparently received funds from Odebrecht,

Odebrecht, the engineering firm at the heart of Brazil's biggest ever graft probe, on Tuesday agreed to cooperate with prosecutors, in a move likely to send shockwaves across political parties that for years illegally siphoned money from state contracts. Federal police found an office to pay bribes and it surfaced that since February it has a list of 200 politicians who benefited from siphoned funds for election campaigns.

Thursday, March 24th 2016 - 01:10 UTC

Brazil's chief of staff warns about the “dangerous precedent” of ousting an unpopular government

“They are planting a dangerous seed in Brazil,” said Wagner “without the rule of law, the right of defense and presumption of innocence, there is no democracy”

Brazilian President Dilma Rousseff's chief of staff on Wednesday said ousting her would set a “dangerous” precedent for unpopular governments to be toppled in the future. On Tuesday Rousseff said that ongoing impeachment proceedings against her in Congress constituted a “plot” against Brazil's institutions and the nation's stability.

Wednesday, March 23rd 2016 - 21:26 UTC

Macri anticipates “mature, constructive relations with the US” and pledges to strengthen Mercosur

“You are at home,” Macri told Obama and underlined his “very important leadership” in terms of a “green agenda”

Argentine president Mauricio Macri at the beginning of the press conference Wednesday midday in Casa Rosada (Government House), highlighted the visit of Barack Obama's to Argentina and said “a stage of mature, intelligent and constructive relations is beginning.”

Wednesday, March 23rd 2016 - 05:19 UTC

Obama and Macri are scheduled to hold a first meeting late morning in Casa Rosada

 At 13:30 the two presidents will hold a press conference at Casa Rosada, and later Obama will cross Plaza Mayo to Buenos Aires cathedral

President Barack Obama kicks off on Wednesday the first visit of a US president to Argentina in twenty years, and although no great announcements are expected it will be a great boost to Mauricio Macri's three month administration, his bold economic reforms and effective efforts to reinsert Argentina in the world.

Wednesday, March 23rd 2016 - 04:07 UTC

Falklands/Malvinas not included in Obama/Macri agenda, says Malcorra

Obama and family will be spending two days in Argentina, in Buenos Aires and in Bariloche. Macri will hold meetings in both cities

Argentine president Mauricio Macri will not bring up the issue of the Falkland/Malvinas Islands during his meetings with visiting president Barack Obama, much less request his mediation in the dispute, according to foreign minister Susana Malcorra.

Tuesday, March 22nd 2016 - 15:38 UTC

Argentine runner wins Falklands' Standard Chartered marathon in record time

Rafael Lencina receives the Stanley Marathon Cup

An Argentine long distance runner has won the Falkland Islands “Standard Chartered Stanley Marathon” which is officially the World's Most Southerly AIMS-Certified Marathon. Rafael Lencina from the northern province of Tucuman completed on Sunday the 26 miles in 2 hours 35 minutes and 34 seconds, which is also a new record for the competition.

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