Mercosur

Mercosur
Monday, March 10th 2014 - 20:57 UTC

All South American leaders attending Bachelet's inauguration on Tuesday

The daughter of former president Salvador Allende, will take Michelle Bachelet's oath of inauguration

More than 20 countries confirmed that representatives from their governments will attend the inauguration of Chilean president-elect Michelle Bachelet on Tuesday, Chilean Senate leader Jorge Pizarro announced. Leaders from Argentina, Brazil, Costa Rica, Ecuador, Paraguay, Uruguay, Belgium, Mexico, Brazil, Venezuela, Colombia, Haiti, Suriname and El Salvador have confirmed their presence.

Friday, March 7th 2014 - 05:10 UTC

With an eye on Argentina and Venezuela, Brazil private sector wants Mercosur trade in local currencies

Business in reales and pesos and central banks acting as clearing houses

Brazil's private sector concerned with harsh times ahead, particularly with exports to Argentina and Venezuela are proposing that Mercosur trade should be done with local currencies leaving aside the US dollar. The initiative was launched by the president of the Brazil-Argentina Commerce Chamber.

Friday, March 7th 2014 - 05:02 UTC

OAS leader compares the 'dynamic imbalance' in trade talks EU/US and EU with Mercosur

EU/Mercosur trade talks that have been going for seventeen years, said Insulza

The dynamic imbalance in trade negotiations is clearly evident in the case of trade negotiations of Canada and the US with the European Union, and what happens with EU/Mercosur trade talks that have been going for seventeen years, with no clear results yet, according to OAS Secretary General Miguel Insulza.

Saturday, March 1st 2014 - 05:12 UTC

Uruguay approves IMF test, but inflation and the neighbors could bring surprises

IMF Deputy managing director Naoyuki Shinohara visited Montevideo

The International Monetary Fund lowered its forecast for economic growth in Uruguay this year to 3% from its previous estimate of 3.3%, the IMF's deputy managing director said on Friday in Montevideo. Naoyuki Shinohara told reporters that the revision is due to lower growth expected in Uruguay's neighbors Argentina and Brazil and lower prices for commodities and Uruguayan exports.

Saturday, March 1st 2014 - 02:38 UTC

Israel PM expected in Buenos Aires for anniversary of embassy bombing

Frustration with Iran has led to closer relations with Israel including Netanyahu's visit

The Argentine government has suspended dialogue with Iran, heralding a shift in policy that coincides with improved relations with Israel that includes a visit this month by Prime Minister Benjamin Netanyahu.

Saturday, March 1st 2014 - 02:32 UTC

Cry for Me, Argentina

The former Colonel Juan Domingo Perón and his wife Evita Perón who's legacy still dominates Argentine politics.

Veteran New York Times reporter and columnist, Roger Cohen, who on several occasions has visited Argentina recently called at Ushuaia. He wrote the following piece, which is not very enthusiastic about the current situation or the heavy burden of populist history in one of the richest countries of the world.

Saturday, March 1st 2014 - 02:29 UTC

Core-hole confirms conventional oil reservoir potential in north Uruguay

Petrel Energy Managing Director, David Casey said the exceptional permeability measurements have been surprising

Australia's Petrel Energy has confirmed the conventional oil reservoir potential of the San Gregorio and Cerrezuelo sandstones in Uruguay following detailed analysis of the Cardozo Chico core-hole samples. Petrel said that laboratory testing undertaken by Weatherford in Houston returned excellent permeability and porosity measurements.

Saturday, March 1st 2014 - 02:27 UTC

“We Are Falklands” Photo Competition

Falklands' pristine landscape

The Falkland Islands Government PR & Media Office is running a photo competition to source quality images of 'our beautiful home'. The winning photos will be printed and displayed at a central London gallery later this year to promote the stunning views, wildlife, history and community that make the Falkland Islands a truly unique place.

Wednesday, February 26th 2014 - 20:33 UTC

Brazil farmers want a Mercosur/EU trade agreement even leaving Argentina out

“We hope we will convince them, but maybe they will join at a later stage”, said Katia Abreu

Brazil would like free-trade talks between the European Union and Mercosur to include Argentina, but would be prepared to proceed without its regional ally if an understanding can't be reached on March 7, according to the head of Brazil's farming confederation.

Wednesday, February 26th 2014 - 07:10 UTC

Paraguay will chair Mercosur in the next six months, says Dilma Rousseff

The Brazilian president made the announcement in Brussels during the EU/Brazil summit

Paraguay will hold the following rotating chair of Mercosur, (if the group's summit to be hosted by Venezuela and which has been delayed on several occasions really takes place). The announcement was made by Brazilian president Dilma Rousseff during her visit on Monday to Brussels for the Brazil/EU summit, who underlined that Brazil supports dialogue as the way out to the current situation in Venezuela.

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