Mercosur controversy: Brazil does not oppose Venezuela, but Caracas must first comply with agreed set of rules
Brazilian interim president Michel Temer laid out the steps Venezuela must comply with before it is confirmed as full member of Mercosur, and following on that can effectively become chair of the group. Temer's Friday statement makes clear Brazil's position in the ongoing controversy regarding Venezuela's aspiration to succeed Uruguay in the rotating chair.
Despite objections from Brazil and Paraguay, Uruguay next Saturday 30 July will transfer to Venezuela the rotating chair of Mercosur for the second half of the year, as indicated in the “group's rules and regulations”.
Paraguay announced officially that it will not be attending the Common Market Council of Mercosur in Montevideo next 30 July, if the agenda includes the transfer of the group's presidency to Venezuela.
Brazil's central bank, with its recently appointed president, kept interest rates on hold for the eighth consecutive meeting on Wednesday as expected, despite a deep recession, as the new board cited concern about stubbornly high inflation and uncertainty surrounding economic reforms.
Half of Brazilians would like to see interim President Michel Temer stay in the job until the next election in 2018, compared with 32% who desire the return of suspended President Dilma Rousseff, according to a Datafolha poll published this weekend on the Folha de S.Paulo website.
Brazil committed a great mistake on supporting Venezuela to the Mercosur trade agreement back in 2012, and the country must be impeded from taking over the pro-tempore presidency of the group until it complies with all the requisites to be a full member, said Brazil's foreign minister Jose Serra.
Argentina's collaboration strategy towards the UK and the Falkland Islands, if it means integrating the Islanders in any discussions relative to their lives and future, which is only of their concern, this is positive, according to Gibraltar Chief Minister Fabian Picardo, interviewed by Argentina's official news agency Telam.
Argentine Jewish community demand investigation of the “local connection” in the 1994 AMIA terrorist attack
Argentine President Mauricio Macri, together with members of the government and civil organizations attended on Monday in Buenos Aires the main ceremony commemorating the attack on the headquarters of the AMIA Jewish community organization in 1994, a crime that so far has gone unpunished.
Finland´s UPM pulp conglomerate which already has a plant in Uruguay announced it will commence discussions with the Uruguayan government on the development of logistics infrastructure for a possible mounting of another mill. Discussions will include railroad and roads, which currently are a critical challenge to establish large scale industrial operation in the Uruguayan inland and to connect it to a deep sea port.
Pan American Energy PAE, announced on Thursday investments of 1.4bn dollars in exploration and exploitation of conventional and non conventional hydrocarbons in the Argentine Patagonia provinces of Neuquen, Chubut and Tierra del Fuego.