With an eye on Argentina and Venezuela, Brazil private sector wants Mercosur trade in local currencies
Brazil's private sector concerned with harsh times ahead, particularly with exports to Argentina and Venezuela are proposing that Mercosur trade should be done with local currencies leaving aside the US dollar. The initiative was launched by the president of the Brazil-Argentina Commerce Chamber.
A Venezuelan soldier and a motor cyclist were killed in a standoff with opposition demonstrators who had set up a barricade along an avenue of Caracas, the vice president of the ruling Socialist Party said on Thursday.
A group of UN-appointed human rights experts has asked Venezuela for prompt clarification of allegations of abuse against anti-government protesters. The six independent experts said that they were deeply disturbed by allegations of cases of arbitrary detention of protesters.
Followers of Venezuela's late populist leader Hugo Chavez flooded the streets on Wednesday to mark the anniversary of his death, a sad but welcome distraction for his successor who has faced a month of violent protests.
Vice president Amado Boudou and Foreign Minister Héctor Timerman represented Argentina at Wednesday's ceremonies in honor of the late Venezuelan president Hugo Chávez on his death first anniversary, which was followed by huge crowds in Caracas.
Venezuelan President Nicolas Maduro said on Wednesday his government was breaking diplomatic relations with Panama after the country called a special meeting of the Organization of American States, OAS, to address the current state of protests in Caracas.
Venezuela has geared up for commemorations of populist leader Hugo Chávez's death despite continued protests against his successor that have shaken the OPEC member and threatened the legacy of El Comandante.
Foreign minister Elías Jaua said that Caracas will not accept international mediation in the current situation faced by Venezuela but nevertheless thanked Uruguay's president Jose Mujica for his efforts and knowledge about what's going on in his country.
An executive summary published on Thursday by the US State Department describes Venezuela’s political power as “concentrated in a single party with an authoritarian executive”, and reported human rights abuses, including corruption, freedom of speech restrictions, and political persecutions amid others.
The meeting of the Organization of American States (OAS), Permanent Council convened to evaluate the possibility of holding a meeting of ambassadors to address the current political situation in Venezuela, has been postponed after pressure from the Venezuelan Government, said Carlos Ponce, coordinator for the Latin American and Caribbean Network for Democracy (Redlad).