By Juan Francisco Alonso - El Universal - Venezuela is not only a full member of the bloc since July 2012, but it also holds the pro-tempore presidency. The entry into force of Venezuela's denunciation of the American Convention on Human Rights, which implies its withdrawal from the Inter-American Court of Human Rights (IACHR Court), breaches at least three regulations of Mercosur regional trade bloc.
President Horacio Cartes said that during 2014 links between Paraguay and Mercosur will be fully re-established and by then all the skirmishes motivated by the access of Venezuela as full member of the group, “will be overcome”. However Cartes also mentioned that Paraguay, with support from Chile has a strategic access to the Pacific basin.
Uruguay’s president Jose Mujica will be attending the UN 68th General Assembly on the last week of September in New York, where he is scheduled to meet with several of his Latinamerica peers and the Secretary General Ban-Ki-moon.
The British government has sold a 6% stake in Lloyds Banking Group at a price of 75p a share, raising £3.2bn. The disposal cuts the government's stake in Lloyds from 38.7% to 32.7% and represents a cash profit of £61m for the Treasury.
A Chinese luxury cruise ship impounded in South Korea for days due to a legal dispute has been released and returned to China, an official said Tuesday.
The U.S. Census Bureau reported Tuesday that median household income in the United States in 2012 was 51,017 dollars and the official poverty rate was 15%, which is 2.5 percentage points higher than in 2007. Neither figure represents a statistically significant change from 2011.
Schedules for the coming tourist season show a significant increase in the number of ships (11%) and visitors planning to visit South Georgia, and a consequent expected increase in tourist numbers (20%), according to the latest South Georgia Newsletter July release.
Hackers have hit back in retaliation for US cyber-spying on Brazil but mistook the US space agency NASA for the National Security Agency (NSA), a news website reported here Tuesday.
Barclays is the worst bank for honesty and customer service, according to an ethical scorecard launched Monday in the UK to guide those looking to switch their current accounts. The bank picked up just four out of 100 points in campaign group Move Your Money’s ratings, with the five biggest banks among the poorest performers in the 70 that were assessed.
Brazilian President Dilma Rousseff on Tuesday postponed a state visit to Washington over allegations of US cyber-spying on her country. She announced the decision after discussing the spying row with US President Barack Obama Monday in a telephone call.