Mercosur summit launches ambitious action plan to ensure customs union

Friday, December 17th 2010 - 06:45 UTC

Full article 14 comments

Mercosur leaders meeting in Brazil launched a plan to adopt common trade, investment and immigration policies to help underpin unprecedented economic growth in the region. Read full article

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Think
The inclusion of Venezuela into Mercosur would create an unforeseen catastrophe!

A fifth star will ruin our beloved ”Southern Cross logo!

What to do? What to do?

Suggestions, anyone?
Dec 17th, 2010 - 08:53 am - Link - Report abuse 0
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yul
Commenter friend Thinks that Hugo Chaves is the Trojan Horse of US ..!..
like some Latin politicians..and some others.!
Dec 17th, 2010 - 10:50 am - Link - Report abuse 0
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Redhoyt
Old horses are generally turned into glue!
Dec 17th, 2010 - 12:40 pm - Link - Report abuse 0
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FernandoGimenez
@Think ,
we could still make a southern cross logo with a country on each corner, plus another star in the middle. The center star would be Argentina, of course.
Dec 17th, 2010 - 01:11 pm - Link - Report abuse 0
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ed
#2

why not !?
Dec 17th, 2010 - 02:08 pm - Link - Report abuse 0
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mastershakejb
lol @ mad, failing UK (aka Mohammedstan)
Dec 17th, 2010 - 03:02 pm - Link - Report abuse 0
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stick up your junta
3rd world Argentina aka Alejandrostan

http://www.buenosairesherald.com/BreakingNews/View/54169
Dec 17th, 2010 - 07:04 pm - Link - Report abuse 0
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mastershakejb
http://edition.cnn.com/2010/WORLD/europe/10/28/uk.mohammed/index.html?hpt=T2
Dec 17th, 2010 - 08:42 pm - Link - Report abuse 0
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stick up your junta
Wouldnt they be better employed in keeping the Bolivians out

http://www.buenosairesherald.com/BreakingNews/View/53781
Dec 17th, 2010 - 09:22 pm - Link - Report abuse 0
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mastershakejb
http://www.bloomberg.com/news/2010-12-17/euro-defaults-need-to-be-carried-out-quickly-commentary-by-elena-carletti.html
LOL, all of Europe has no future, decades of stagnation/depression.
Dec 17th, 2010 - 10:39 pm - Link - Report abuse 0
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stick up your junta
Was it that Traumatic master bait?

For Argentina, the crisis was a traumatic experience. The economy contracted by a total of 15% in the year before and after the default - and the year before an event can be affected if it is widely expected.

Inflation soared, which worsened poverty, according to the IMF. Prices rose by 40% in the year after the default and devaluation.

You certainly can't blame all the problems on the default. The devaluation contributed to the surge in inflation and to the problems in the banks.

The default also curtailed the Argentina's government's access to international financial markets.
Dec 17th, 2010 - 10:48 pm - Link - Report abuse 0
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FernandoGimenez
to #11

I fully agree with your assessment on the negative consecuences of the devaluation. However, most Argentinians won't accept that idea, since they saw devaluation has a necessary evil. They'd rather blame the previous decade where 1 peso was pegged to the 1 dollar.

It's not just the devaluation itself, but the way in which it was conducted. It should have been done progressively, and not at the times of crisis.
Dec 18th, 2010 - 12:07 am - Link - Report abuse 0
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mastershakejb
LOL, I didn't even bother reading “stick it up your”'s response. Decades of stagnation for you! LOL.....if you're lucky, if it's not decades of depression and default hahahaha
Dec 18th, 2010 - 12:50 am - Link - Report abuse 0
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stick up your junta
I didn't even bother reading “stick it up your”'s response

How very Argentine
Dec 18th, 2010 - 09:23 am - Link - Report abuse 0
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