“Mercosur has closed its doors to Paraguay and it’s not good for Latinamerican integration”, was the first reaction from Asuncion after the group announced the presidency for Venezuela and lifting the suspension of Paraguay next 15 August.
President Nicolas Maduro remembered former leader Hugo Chavez and pledged his main priority as president of Mercosur would be to ensure the quick return of Paraguay to the group. Maduro made the statement on Friday in Montevideo during the ceremony in which he received the official Mercosur presidency gavel from Uruguayan president Jose Mujica which means he will be holding the pro tempore chair for the next six months.
German courts have rejected a petition from bondholders related to the Argentine debt 'default', using a similar interpretation based in the 'pari passu' clause that hedge funds pursued in New York which was accepted by Judge Thomas Griesa.
Uruguay Vice-president Danilo Astori said that belonging to Mercosur and the Alliance of the Pacific is ‘not incompatible’ and called on the ‘powerful members’ of Mercosur to support an agreement with the Pacific Alliance of which Uruguay and Paraguay are already observers.
Protesters disrupted traffic in the Chilean capital and blocked access to mining operations Thursday as part of a national strike called by the country's main labor federation.
Brazilian president Dilma Rousseff reacted swiftly to the latest national stoppage saying that her government will not tolerate protests blocking highways or streets and with the Ministry of Justice will draft rules to fine those organizations responsible for such actions.
The Mercosur social summit questioned any possible approach to the Alliance of the Pacific since it is an organization entirely dedicated to trade which would distract the Southern Cone countries from their social objectives.
Disclosures alleging that the United States has collected data on billions of telephone and email conversations in Brazil will not affect Brazil-U.S. relations, said the head of the country’s joint congressional committee on intelligence.
This coming August 15, Mercosur will lift the suspension on Paraguay's participations that has held since June 29 2012, Uruguay Minister Luis Almagro announced on Thursday during a meeting of the group’s foreign ministers in Montevideo.
Argentina’s June inflation according to the ‘congressional index’ was 1.93%, and 23.78% in the last twelve months, it was announced on Thursday by the opposition members from the Lower House Freedom of Speech committee.