Stories for 2012

Wednesday, August 1st 2012 - 19:37 UTC
Venezuela’s Mercosur membership “null and void” says Paraguayan government

The Paraguayan government declared “illegal” and “null and void” the inclusion of Venezuela as a full member of Mercosur which was agreed on Tuesday during the extraordinary meeting held in Brasilia with the absence of Paraguay.
Wednesday, August 1st 2012 - 19:34 UTC
S&P downgrades Argentine main provinces credit ratings

The rating agency Standard & Poor’s said on Monday that local governments in Argentina are experiencing slower economic growth, high inflation, and difficulties financing their 2012 budget deficits.
Wednesday, August 1st 2012 - 11:48 UTC
Argentine construction activity slows down for third month running

Argentine construction activity in Argentina during June dropped for the third consecutive month compared to a year ago. The drop was 1.5% according to the Construction Activity Synthetic Index (ISAC) from the country’s stats office, Indec.
Wednesday, August 1st 2012 - 08:08 UTC
Dilma welcomes President Chavez to the world’s fifth economy

Brazilian president DIlma Rousseff said that with the incorporation of Venezuela, Mercosur has become a global power in food and energy and becomes the fifth world economy with a GDP of 3.3tn dollars.
Wednesday, August 1st 2012 - 08:03 UTC
US government ‘sovereign right’ blessing to Venezuela’s inclusion in Mercosur

The US government said that Venezuela as any other country has the “sovereign right” to join regional organizations such as Mercosur. The statement from the US State Department comes on the day that Mercosur officially incorporated Venezuela as full member of the block.
Wednesday, August 1st 2012 - 07:46 UTC
Argentina/Venezuela sign strategic cooperation agreement to boost energy

After attending the Mercosur extraordinary meeting in Brasilia, President Cristina Fernández and her Venezuelan counterpart, Hugo Chávez, signed a cooperation agreement to develop a strategic energy plan between state oil companies YPF and PDVSA.
Wednesday, August 1st 2012 - 07:38 UTC
Brazil will open social automatic cashiers for the exchange of foreign currency

In anticipation of the 2014 World Cup and the 2016 Olympics, Brazil has decided to simplify foreign money exchange for residents and tourists through the use of specific automatic cashiers in pre-determined places.
Wednesday, August 1st 2012 - 07:29 UTC
Argentina will formally protest vandalism at the Darwin cemetery in Falklands

Argentina repudiated the ‘profanation’ of the hermitage at the Darwin cemetery in the Falklands/Malvinas Islands, which holds the graves of Argentine combatants who lost their lives during the 1982 conflict.
Wednesday, August 1st 2012 - 05:20 UTC
Argentina: controversy over jailed prisoners taken to participate in “cultural activities”

A controversy erupted in Argentina following confirmed claims that the government of President Cristina Fernandez appeals to convicted prisoners in support of public presentations and political rallies under cover of cultural activities.
Wednesday, August 1st 2012 - 05:09 UTC
Venezuela purchases 20 commercial aircraft from Brazil in a 900m dollars deal

Venezuela signed on Tuesday an agreement to purchase 20 commercial aircraft from Brazil’s Embraer in an operation valued at 900 million dollars