MercoPress. South Atlantic News Agency
Stories for May 27th 2013
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Monday, May 27th 2013 - 02:41 UTC
Brazil cancels 900 million dollars of African countries debt
Brazil has announced that it will cancel or restructure almost 900m dollars worth of debt with Africa. Oil- and gas-rich Congo-Brazzaville, Tanzania and Zambia are among the 12 African countries to benefit. The move is seen as an effort to boost economic ties between the world's seventh largest economy and the African continent.
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Monday, May 27th 2013 - 01:49 UTC
Paraguay demands respect from Mercosur, “if not leave us as we are”
The Argentine ambassador to Uruguay, Dante Dovena, assured that authorities are “working intensely” in preparations for the next Mercosur summit scheduled to take place on June 28th in Montevideo. However news form Paraguay doesn’t indicate the same optimism and are demanding respect for ‘the country’s dignity and rule of the law”.
