Unasur (Union of South American Nations) chairman Ernesto Samper cautioned that recent oil and gas discoveries outside the region, a weaker demand for commodities from China and Europe and the 'evident strengthening' of the US dollar anticipate a slowdown of the region's economy.
Uruguayan pollsters again seem to have missed their target regarding estimate results of Sunday's legislative and presidential elections: the ruling Broad Front coalition presidential candidate Tabare Vazquez took a strong lead in the exit polls, and although he will be forced to a run-off with runner up Luis Lacalle Pou as anticipated, the percentage numbers indicate he should be able to achieve a comfortable win at the end of November, contrary to what was forecasted.
Unasur Secretary General Ernesto Samper in his first overseas official trip this week visited Argentina, where he met with President Cristina Fernandez and foreign minister Hector Timerman, and also held a round of political talks and other ministerial meetings.
Former Colombian president Ernesto Samper was inaugurated on Thursday as Secretary General of the Union of South American Nations, Unasur, by Surinam's Desire Bouterse who holds the rotating presidency of the group.
Former Colombian president Ernesto Samper was confirmed as Unasur Secretary General following a consultation of the group's member countries presidents. The announcement had been delayed because a Union of South American Nations summit to be held in Montevideo this month was suspended.
President Cristina Fernandez left on Friday for Santa Cruz province, where she will stay for the weekend and analyze New York Argentine/holdouts case briefings. The Argentine delegation returned on Friday to Buenos Aires after two meetings with appointed mediator Daniel Pollack in New York, where no resolution was reached.
Argentine President Cristina Fernández rejected on Wednesday the possibility of a new default during the UNASUR-BRICS meeting in Brasilia, highlighting Argentina is going to “keep on paying and honoring its debt,” while asking for support against the “so called vulture funds,” who are “pretending to collapse the Argentine debt restructuring.”
Chinese President Xi Jinping arrived on Monday to Fortaleza, Brazil for a summit of the BRICS countries. The sixth summit of the BRICS, which consists of Brazil, Russia, India, China and South Africa, will be held in Brazil from Tuesday to Wednesday.
Cabinet Chief Jorge Capitanich praised the “clear, categorical and broad” support for Argentina’s stance in its dispute with speculative funds' holdouts from 133 countries from the UN system and specialized international media, and also confirmed that next month it will make the first payment of the agreement reached with the Paris Club.
Mediators from Unasur (Union of South American Nations) urged Venezuela's government and opposition back to the negotiating table after failing to revive talks to stem months of protests in the polarized nation.