MercoPress. South Atlantic News Agency
Stories for December 20th 2011
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Tuesday, December 20th 2011 - 02:58 UTC
Paraguayan Congress warns Lugo on Venezuela’s incorporation to Mercosur
The president of the Paraguayan congress Senator Jorge Oviedo Matto said that Paraguay should withdraw from Mercosur if the block during its Tuesday summit in Montevideo agrees the incorporation of Venezuela “eluding the approval of the Legislative as indicates the Constitution and the Mercosur charter”.
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Tuesday, December 20th 2011 - 02:07 UTC
Mercosur drafting resolution barring Falklands’ flagged vessels from all regional ports
Mercosur member countries meeting in Montevideo for their regular six-month summit are drafting a resolution that would bar Falklands’ flagged vessels from all Mercosur members’ ports, following on the traditional Argentine policy and now openly supported by the Uruguayan government.
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Tuesday, December 20th 2011 - 02:02 UTC
Timerman thanks Mujica on Falklands: “Uruguay has honoured its word”
Argentine Foreign Affairs minister Hector Timerman publicly thanked and praised on Monday the Uruguayan decision, announced last week, to bar Falklands’ flagged vessels form the port of Montevideo and any other sea or fluvial terminal in the country.
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Tuesday, December 20th 2011 - 01:07 UTC
IMF chief tells developing countries to prepare for three possible storms
IMF Managing director Christine Lagarde urged on Monday developing countries to shore up their defences, especially foreign exchange reserves, against a possible European recession next year.
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Tuesday, December 20th 2011 - 00:56 UTC
Falklands’ fishing companies regret Uruguay’s ban, and losses for the port of Montevideo
Falkland Islands fishing companies association, FIFCA expressed their “extreme disappointment” with Uruguay’s decision not to allow Falklands’ flagged vessels enter the port of Montevideo, which “will only serve to punish its own people”.
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Tuesday, December 20th 2011 - 00:08 UTC
Rajoy announces to Spain deep spending cuts and tax breaks for companies
Spain's incoming Prime Minister Mariano Rajoy took aim at his country's economic woes Monday, promising deep spending cuts at all levels of government while offering tax breaks for companies.
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Tuesday, December 20th 2011 - 00:01 UTC
Obama joins the Mercosur controversy over the incorporation of Venezuela
President Barack Obama has accused the government of Venezuela of threatening “basic democratic values” ahead of elections next year. He added that close relations with Iran and Cuba did not serve the interests of the Venezuelan people.
