Mercosur is committed to advance trade negotiations with the European Union and expects to have drafted a viable position when leaders from Latinamerica and the Caribbean meet with their European Union counterparts next May for the Madrid summit.
Mercosur presidents expressed their most “energetic condemnation” of the Honduran coup and “total and full rejection” of the November 29th elections which represent a strong blow to “the democratic values of Latinamerica and the Caribbean”.
Police officers in Rio de Janeiro and São Paulo routinely resort to lethal force, often committing extrajudicial executions and exacerbating violence in both states, Human Rights Watch said in a report released Tuesday.
A two-week banking crisis in Venezuela seems to be settling down following President Hugo Chavez announcement that private banks will be respected but new rules to make the system more transparent and production-geared will begin to be enforced.
Uruguay’s Ministry of Tourism forecasts some 400.000 tourists and crew members will be visiting the country during this summer cruise season, which represents a slight increase over the previous year.
Latinamerica should consider the possibility of a coordinated interest rate cut, in consultation with the IMF to combat the appreciation of local currencies was suggested Tuesday by a group of former government financial officials and economists from the region.
Brazilian president Lula da Silva announced Tuesday during the Mercosur summit in Montevideo that the Brazilian Senate should, finally, vote on the incorporation of Venezuela to the South American trade group as a full member.
Investigators will be searching for the body of torture victim Father Micheal Woodward at a cemetery in the Chilean city of Valparaiso (Region V) through next month, the victim’s family informed Chilean press on Monday.