Secretary of State John Kerry sent best US wishes to the Argentine people on the 200 years of its declaration of independence on July 9, and underlined that both countries “are regional leaders and long time friends”.
Uruguay ratified on Thursday its willingness to transfer the Mercosur presidency to Venezuela despite objections from the other members, Brazil, Paraguay and Argentina. In a brief statement in its official site, the Ministry of Foreign Affairs said that Uruguay, currently holding the Mercosur pro tempore chair reiterates its position to proceed to transfer the presidency, in abidance with what is established by the current Mercosur rules.
Brazil's suspended president Dilma Rousseff rejected attempts to impeach her as an injustice in a defense filing Wednesday, as a decision on her political fate moved a step closer. The affair has rocked Brazil as it struggles with a recession and corruption scandals ahead of next month's Olympic Games in Rio de Janeiro.
Former Argentine President Cristina Fernandez on Wednesday filed a complaint against the judge who recently opened an investigation into allegations she defrauded the state as part of her government's handling of the dollar futures market. Fernandez, who governed Argentina from 2007 to 2015, filed the complaint against judge Claudio Bonadio after appearing in his court in connection with the case.
The deep differences among Mercosur members as to who should hold the group's rotating chair this second half of the year surfaced openly in Montevideo with the surprise visit of Brazilian foreign minister Jose Serra and ex president Fernando Henrique Cardoso. The Brazilin delegation formally requested Uruguay, which currently holds the six/month Mercosur chair to suspend the transfer to Venezuela until at least August.
Macri pushes in Berlin for EU-Mercosur accord, but Merkel sides with France in the agriculture issue
President Mauricio Macri met on Tuesday with German Chancellor Angela Merkel in Berlin with both leaders holding a press conference to address the current state of talks regarding a trade agreement between the European Union and the Mercosur.
Mercosur is again split over Venezuela because Paraguay, and apparently Brazil, have not been consulted regarding the decision to hand the pro tempore presidency of the block to Venezuela in July, as was agreed in Montevideo by Uruguay and Argentina.
Argentine economy grows 0.5% in first quarter: fishing and transport compensate fall in agriculture and construction
Argentina's economy grew 0.5% in the first quarter the government said on Wednesday, adding that it saw activity leveling out this year before accelerating in 2017. The year-on-year result, published by the newly revamped Indec statistics agency, followed analysts' forecasts for a 1.3% contraction for the January through March period.
There was a nasty surprise awaiting passengers in the arrivals hall at Rio De Janeiro's Galeao International Airport on Monday. Along with the relatives carrying flowers and taxi drivers waiting with name boards there were lines of off-duty police with banners that had a far more ominous message: Welcome to Hell.
Argentina's double-digit inflation has shown signs of easing this month, the central bank said on Tuesday as it cut its 35-day reference rate for the eighth week in a row. As part of its effort to get Latin America's No. 3 economy out of the doldrums while containing consumer prices, the bank sliced 75 basis points off the interest rate to 30.75%.