Mercosur

Mercosur
Sunday, March 27th 2016 - 05:07 UTC

Rousseff “D Day”: on Tuesday main coalition ally decides if it continues support

“On Tuesday we are going to clearly defend that PMDB must withdraw from support, hand in positions and serenely wait for events to evolve”, said Picciani

The government of Brazilian president Dilma Rousseff, her mentor Lula da Silva and their Workers Party fear very much that next Tuesday could become “D Day”, since its main ally the PMDB, and with the largest representation in Congress, will be holding an extraordinary meeting of the national directory to decide whether to continue or step down from the ruling convention.

Saturday, March 26th 2016 - 07:15 UTC

Mercosur prepares to celebrate 25th anniversary hoping it can be 'reborn' under Argentine leadership

The Asuncion Treaty, founding charter of Mercosur was passed on 26 March 1991, by the original founding members, Argentina, Brazil, Paraguay and Uruguay

On Saturday 26 March the Asuncion Treaty, which gave birth to Mercosur, the Common Market of the South, will be 25, and even with celebration plans the mood of its members is not enthusiastic following years of “too much ideology” and “too little trade and business”, distant from the original idea and purpose.

Saturday, March 26th 2016 - 07:03 UTC

Mercosur and Unasur can't agree on a statement of support for Dilma Rousseff

“We do not interfere in the internal affairs of countries” stated the Paraguayan foreign minister Eladio Loizaga

The attempt by Uruguay to draft a strong Mercosur and Unasur resolution in support of embattled Brazilian president Dilma Rousseff has foundered. Argentina is only prepared to express support for Brazil's institutions while Chile and Paraguay have balked at the idea of personalizing the issue in Rousseff and her Workers Party.

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.”

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