Brazilian farmer groups are opposing a contract that Monsanto the world’s biggest seed company is offering farmers to end a dispute over royalty payments on its genetically modified soybean seeds. Monsanto is trying to resolve uncertainty over its ability to collect fees on its new Intacta soybeans, which it is scheduled to start selling in Brazil during the next growing season.
Paraguay’s Superior Electoral Tribunal, TSJE said on Wednesday that representatives from Unasur, Union of South American Nations, would be present as observers of the electoral process scheduled for next April. The accord was signed by TSJE president Alberto Ramirez Zamonini and the head of Unasur High Level Group, Salomon Lerner.
Re-elected Ecuadorean president Rafael Correa is hopeful “transparent and democratic” elections will be held in Paraguay next April, a country with which he is waiting to normalize relations.
The Spanish infrastructure company Abertis said it was seeking 90 million dollars from Bolivia in compensation for the nationalization of its subsidiary Servicios de Aeropuertos Bolivianos (Sabsa). Abertis was also considering other possible legal claims, its chief executive Francisco Reynes said.
Brazilian President Dilma Rousseff raised the monthly stipend of 2.5 million people living below the poverty line to make good on her promise to eradicate extreme poverty in Brazil. Even when announcing she has almost met her anti-poverty target halfway through her four-year term, Brazil’s last census points to 700,000 families who still live in extreme poverty but are not registered on government social programs.
Chief Minister Fabian Picardo has expressed Gibraltar’s “unqualified” support for the people of the Falklands in their forthcoming referendum. Picardo’s remarks were delivered by Samantha Sacramento last week at the Commonwealth parliamentary Association regional conference in the capital of Stanley in Falklands.
Populist Bolivian President Evo Morales on Monday nationalized control of the country’s three main airports from Spain’s operator Abertis-Aena, arguing that the company had not fulfilled investments commitments promised for years.
Venezuelan President Hugo Chavez is resting in Caracas military hospital after his Monday early dawn return from Cuba where he spent ten weeks recuperating from cancer surgery. However contrary to other occasions no video or pictures were shown and officials confirmed he has a tracheal tube which limits speech.
Cruise industry warns South America: itinerary costs are three times higher than in the Mediterranean
Representatives from the cruise industry have cautioned Uruguay that port operational costs in South America could have a negative impact on what has been a steady increase of business in the last few seasons and this impact could be felt as soon as next year despite the fact that the 2012/2013 season on the Atlantic is proving to be quite successful despite an uncertain start. “Itineraries’ costs in South America are three times those of the Mediterranean”.
Brazilian businesspeople and diplomats expressed their disappointment with Mercosur and said it was crucial for Brazil to sign free trade agreements on its own with third countries, which under current rules of the South American trade block are not allowed.