Stories for 2012

Monday, June 25th 2012 - 07:07 UTC
Wen Jiabao confirms Mercosur interest; Uruguay’s deep sea port blueprints to be sent to Beijing

A memorandum of understanding with Mercosur and a deep sea port to the east of Uruguay were two of the main issues addressed by visiting Chinese PM Wen Jiabao with President Jose Mujica revealed the Executive Deputy Secretary.
Monday, June 25th 2012 - 06:52 UTC
China is the main actor of the new global realities, Cristina tells Wen Jiabao

At a reception for visiting Chinese PM Wen Jiabao, President Cristina Fernández ratified the strategic alliance between China and Argentina and highlighted that “there are new global realities” of which Argentina wants to be part.
Monday, June 25th 2012 - 06:47 UTC
Lugo will attend Mercosur summit; Unasur chair transfer to be advanced

Paraguayan removed president Fernando Lugo denied legitimacy to the administration of his successor Federico Franco and announced he will be travelling next week to Mendoza for the Mercosur meeting of presidents scheduled for next June 29.
Monday, June 25th 2012 - 06:43 UTC
Argentina waiting for Obama administration to help balance bilateral trade

Ambassador in Washington Jorge Argüello said that the Argentine Government is concerned with the deficit increase in bilateral trade with the US and is waiting for Barack Obama administration actions to increase the purchase of Argentine goods.
Monday, June 25th 2012 - 06:38 UTC
Chinese delegation ‘surprised’ Minister Almagro was absent when PM Wen Jiabao visited Uruguay

The Chinese delegation of Prime Minister Wen Jiabao that spent over a day in Uruguay and signed several cooperation agreements felt “disappointed” with the fact that the Foreign Minister was not present during the visit.
Monday, June 25th 2012 - 06:30 UTC
Striking Bolivian rank-and-file police disregard officers and reject pay agreement

Striking Bolivian police officers have rejected an accord with the government four days into a nationwide strike to demand higher wages. The protesting rank-and-file police burned copies of the agreement during marches across Bolivia Sunday and said they would elect new representatives.
Monday, June 25th 2012 - 06:25 UTC
Uruguay recommends new presidential elections for the Paraguayan crisis

Uruguay called for strict respect of the Mercosur and Unasur democratic clauses and said the best way out of the current political crisis in Paraguay was to hold presidential elections as soon as possible.
Monday, June 25th 2012 - 06:19 UTC
Brazil says it is “impossible” to force the Paraguayan congress to review the removal of Lugo

Brazil will wait for the Paraguayan situation caused by the removal of Fernando Lugo “to decant” before assessing the most appropriate measures to address the “rupture of democratic order” in the country, according to Planalto sources.
Sunday, June 24th 2012 - 15:02 UTC
Lan and Tam complete merger to become world’s second largest airline by market value

Chile's LAN Airlines completed a takeover of Brazilian rival TAM on Friday, creating the world's second-largest airline by market value in a deal that executives expect to yield up to 700 million dollars in costs savings within four years.
Sunday, June 24th 2012 - 14:51 UTC
Leading Russian and Brazilian investment banks establish strategic alliance

Russian investment bank VTB Capital and Brazilian peer BTG Pactual, two of the fastest-growing emerging market challengers to more established US and European rivals, are joining forces to help them to expand further.