Wednesday, August 15th 2012 - 09:43 UTC

Unasur ratifies sanctions; Paraguay president more concerned with OAS position

Franco, Unasur is a “presidents’ club”; OAS is far more prestigious

Unasur ratified on Tuesday Paraguay’s suspension from the block at a meeting of the so called High Level Group in Lima, Peru which assessed the situation of the landlocked country.

Wednesday, August 15th 2012 - 09:10 UTC

Paraguayan president calls for moderation from the Senate on the Venezuela issue

The Franco administration is waiting for the OAS position

Paraguayan president Federico Franco called for moderation and time from members of Congress when they begin considering Venezuela’s request to become a full member of Mercosur, since the issue needs of “a good in depth analysis and no hasty decision”.

Tuesday, August 14th 2012 - 23:38 UTC

Mercosur farmers plan to sow record soybean area; stocks drop to half from a year ago

Soybean prices have soared 19% in Chicago in the last twelve months

Mercosur farmers in Brazil and Argentina are forecast to plant more soybeans for harvesting this season in response to higher prices, at the expense of wheat and corn sowing, according to Oil World. Paraguay and Uruguay Agriculture ministries have also anticipated an increase in the soybeans planted areas.

Saturday, August 11th 2012 - 10:04 UTC

Paraguay sounding the possibility of joining the Pacific Group

Going to The Hague could take four to five years, admitted Fernandez Estigarribia

Paraguay is sounding the recently created Pacific Block made up of Colombia, Peru, Chile and Mexico with the possibility of considering applying to join it, revealed the country’s Foreign affairs minister Jose Fernandez Estigarribia.

Friday, August 10th 2012 - 08:41 UTC

Short of soy Brazil meat producers want to import from Bolivia

The hog industry of Matto Grosso do Sul has made the official request

Meat producers in Brazil's Mato Grosso do Sul state are lobbying the government to approve soy imports from neighbouring Bolivia after drought shrank supplies in the world's second grower, a state official and analysts.

Friday, August 10th 2012 - 07:49 UTC

Brazil reminds Paraguay that Itaipu power is jointly shared and managed

The giant Itaipú dam that provide 22% of Brazil’s power consumption

Brazil reminded Paraguay it can use the power it needs from the giant Itaipu hydro but there is a contract which regulates how to manage the surplus. A day earlier president Federico Franco said that Paraguay would not “yield” any more electricity to Brazil.

Wednesday, August 8th 2012 - 18:21 UTC

Paraguay to appeal Mercosur sanctions before the The Hague Court of Justice

President Federico Franco has plans to address the UN General Assembly

The Paraguayan government had decided to appeal before the International Court of Justice in The Hague the suspension imposed on Paraguay by the governments of Argentina, Brazil and Uruguay as a sanction for the removal of Fernando Lugo as president of the country, last June 22.

Wednesday, August 8th 2012 - 07:12 UTC

Unasur special committee presents this week report on Paraguay’s political situation

Roncagliolo said Unasur wants a quick return of Paraguay to the group

The special Unasur commission that is monitoring and following political events in Paraguay since the removal of Fernando Lugo as president and his replacement by Federico Franco, is expected to make a first presentation next Thursday said Peruvian Foreign affairs minister Rafael Roncagliolo.

Wednesday, August 8th 2012 - 06:37 UTC

Brazil begins major military exercise to test security along its southern borders

A few of the 9.000 heavily armed soldiers listening to instructions

Brazilian Armed Forces began this week a major deployment along the borders of Uruguay, Argentina, Paraguay and Bolivia involving 9.000 troops from the three services with the purpose of testing border security against smugglers mainly of arms and drugs and organized crime, said the Ministry of Defence.

Tuesday, August 7th 2012 - 20:14 UTC

Mercosur has only benefited Brazil in the last ten years with a surplus of 36.8bn

It is time for the other three members to change of strategy, says Orlando Ferreres

Brazil is the only country that in the last ten years has benefited from Mercosur with an intra-zone trade surplus of 36.8 billion dollars while the other three full members, Argentina, Uruguay and Paraguay have accumulated huge deficits in the same period, according to Argentine economist Orlando Ferreres a regular columnist from La Nacion with graduate studies in Harvard.


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