Brazilian international affairs advisor Marco Aurelio Garcia admits the incorporation of Venezuela to Mercosur was done without Paraguay’s approval and argues the downfall of Fernando Lugo was because of his political incapacity to follow on the steps of other countries with strong popular support such as Venezuela, Bolivia and Ecuador
Brazil’s former Foreign minister Celso Lafer said that Paraguay was ‘arbitrarily’ excluded from Mercosur with a sanction that is not in conformity with the group’s charter and warned Brazil is losing international credibility in supporting Paraguay’s suspension because it is distancing itself from International law.
The Argentine Foreign Ministry confirmed that President Cristina Fernández will for the second consecutive year not attend the AMIA Jewish community association’s memorial to commemorate the anniversary of the terrorist attack on its headquarters, which killed 85 and injured more than 300 in 1994.
Argentina will offer energy companies incentives if they invest 1 billion dollars or more over a five-year period as the country struggles to lift output and pare fuel imports a year after seizing a majority stake at YPF from Spain’s Repsol.
Uruguay filed a shelf registration with the US Securities and Exchange committee to sell up to 5 billion in US denominated securities. Economy minister Fernando Lorenzo said the filing will allow the government to issue debt when it is convenient for the country and market conditions are favourable.
Members of the United States Congress have sent letters to Secretary of State John Kerry and US Attorney-General Eric Holder calling for the sanctioning of Argentina for its ties with Iran.
In April this year Cable & Wireless South Atlantic Ltd, along with the Channel Islands, Isle of Man and Diego Garcia were acquired by the Batelco Group (*), a leading telecommunications provider to 16 markets spanning the Middle East & Northern Africa, Europe and the South Atlantic and Indian Ocean.
Brazil may soon require global Internet service providers (ISPs) to store domestic communications data in the country in response to reports that the US widely spies on telephone and Internet traffic across Latin America.
The Argentine government confirmed a fine of 5.3 million Pesos (approx 800.000 Euros) and another 300.000 Euros to liberate the forfeited catch on board, mostly squid, of the Spanish flagged vessel ‘Piscator’ caught last 2 July allegedly illegally operating in Argentine waters and which remains retained in Puerto Madryn.