Politics

Politics
Friday, May 22nd 2015 - 05:49 UTC

Brazil and Uruguay on an “urgent and necessary” redesign of Mercosur

Vazquez said it was necessary to grant member countries “certain degree of flexibility, so that those who wish can advance with other trade partners”

Uruguayan president Tabare Vazquez said it was “urgent and necessary” to redesign Mercosur so as to give its members greater 'trade flexibility'. Vazquez made the statements following Thursday meeting with his peer Dilma Rousseff in Brasilia and underlined “it would be naive to admit that Mercosur as it stands currently, is satisfactory”.

Friday, May 22nd 2015 - 05:42 UTC

Lagarde preaches fiscal discipline in one of Brazil's most dangerous slums

“The people who suffer the most with fiscal indiscipline at the end of the day are generally the poor”, said Lagarde in the Complexo do Alemao favela

The head of the International Monetary Fund (IMF) encouraged Brazil on Thursday to pursue fiscal discipline, saying it was needed to protect social programs benefitting the poorest members of society. IMF chief Christine Lagarde made the link during a visit to Complexo do Alemao, one of Rio's largest and most dangerous slums and an example of the challenges the country faces as it struggles with low growth and high inflation

Thursday, May 21st 2015 - 07:27 UTC

Uruguay and Brazil summit to consider a more flexible Mercosur

“The presidents will discuss advances in the main bilateral integration projects and regional and multilateral issues, with emphasis on Mercosur”, said Brazil

Uruguayan president Tabare Vazquez will be meeting his peer, Dilma Rousseff in Brasilia this Thursday to address a dense bilateral agenda, and more specifically the workings and future of Mercosur, in search for a more flexible group, open to agreements with third parties.

Thursday, May 21st 2015 - 06:56 UTC

Iranian officers' interviews, allegedly linked to AMIA bombing, attract world media attention

“Khamenei’s Adviser Dismisses Iran Role in Argentina Bombing,” ran an AP  story that was published in numerous global outlets, including New York Times

The interviews with former Iranian officials accused of the 1994 AMIA bombing of a Jewish organization in downtown Buenos Aires aired this week by Argentine news channel C5N were covered by a number of international media outlets.

Thursday, May 21st 2015 - 06:45 UTC

Venezuelan government targets opposition leader Capriles for making “false allegations”

Interior Minister Gonzalez Lopez Twitted that Capriles, will have to explain to court why he described government officials, as “nepotistic and corrupt.”

Barely one week after Venezuela’s President of the National Assembly of Venezuela Diosdado Cabello filed a defamation suit against 22 media executives and editors for publishing reports linking him to an international drug-trafficking, another high-level minister announced they would be filing suit against opposition leader Henrique Capriles for making “false allegations.”

Thursday, May 21st 2015 - 06:40 UTC

Pope Francis prays for Argentina on the country's National Day

Francis will be receiving President Cristina Fernandez for the fifth time next 7 June

Pope Francis has sent a letter to President Cristina Fernández to mark festivities for May week, during which Argentina commemorates the formation of the First Patriotic Government on 25 May 1810.

Thursday, May 21st 2015 - 06:26 UTC

Cristina Fernandez launches May Revolution week with strong messages

”It is the president who keeps on managing the economy because (economic) decisions always have to be made by the president, for better or worse.”

President Cristina Fernández led on Wednesday a rally in the Buenos Aires City central railway station of Retiro where she praised the renovation of Argentina's railway system in an event that was part of the official celebrations marking a new anniversary of the May Revolution, which in 1810 was the beginning of the country's road to independence.

Wednesday, May 20th 2015 - 22:09 UTC

Falklands: “We are an Overseas Territory, very content with the status and endorsed in the 2013 referendum”

MLA Rendell invited the C24 chairman to visit the Falkland Islands.

The Falkland Islands are very pleased with their current political and democratic status based on the UN charter and confirmed in the 2013 referendum, enjoy a prosperous economy with emphasis on social policies and environment conservation and have good neighborly relations with nearby countries, except for Argentina that “continues to ignore our people's right to self-determination and covet our territory”.

Wednesday, May 20th 2015 - 05:44 UTC

Beijing to the rescue of sliding Brazil: 53bn dollars in trade, finance and investment

Li and Rousseff announced the Industrial and Commercial Bank of China, will set up a 50bn fund with Caixa Econômica Federal, for infrastructure projects

Beijing has come to the rescue of Brazil's slumping economy with trade, finance and investment deals worth at least 53 billion dollars in energy, mining, aviation and upgrading of dilapidated infrastructure.

Wednesday, May 20th 2015 - 05:00 UTC

Argentine inflation for April: official index 1.1%; Congressional index, 2.1%

The Congressional index (2.1%) is closer to that of Buenos Aires City, 2.4%, ruled by opposition presidential hopeful Mauricio Macri

Inflation in Argentina during April reached 2.1% and 29% in the last twelve months according to the latest release from private consultants, an average of which is announced every month as the 'Congressional index' by members from the Lower House Freedom of Expression committee.

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