MercoPress. South Atlantic News Agency
Stories for August 1st 2016
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Monday, August 1st 2016 - 13:52 UTC
Temer inaugurates much delayed metro line in Rio to the Olympic events
Brazilian interim President Michel Temer on Saturday inaugurated a new Rio de Janeiro metro line that runs from Barra da Tijuca, the neighborhood that is home to most of the Olympic venues, to the city's southern tourist zone.
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Monday, August 1st 2016 - 13:27 UTC
Ecclestone's mother-in-law freed by Brazilian special anti-kidnapping division
Formula One tycoon Bernie Ecclestone's mother-in-law has been freed without ransom after being kidnapped in Brazil last week, say police. Aparecida Schunk , 67, the mother of Ecclestone's Brazilian wife Fabiana Flosi, was snatched last Saturday near her home in Sao Paulo.
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Monday, August 1st 2016 - 13:16 UTC
US economy grows at slower pace in second quarter despite strong consumer spending
The United States economy grew at a much slower pace than expected in the second quarter and GDP was revised down in the first three months of the year. The world's largest economy grew at an annual rate of 1.2% in the three months to June, far below forecasts of 2.6%, Growth for the first quarter was revised down from 1.1% to 0.8%.
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Monday, August 1st 2016 - 13:09 UTC
Venezuela announces it now holds the chair of Mercosur; strong objections from Paraguay (and Brazil)
Venezuela announced to fellow Mercosur members that for the rest of the year it was the new chair of the group, following on the expiration of Uruguay's six month mandate on Saturday, 30 July. The news was released by Spain's official news agency EFE, which alleges to have had access to the letter sent by the Venezuelan foreign ministry to the other four members.
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Monday, August 1st 2016 - 12:58 UTC
Argentina and Mexico pledge to reach “absolute integration and free trade”
Argentina and Mexico agree on the need to reach absolute integration and free trade, as part of the closer bilateral relations confirmed with the visit to Buenos Aires of Mexican head of state Enrique Peña Nieto.
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Monday, August 1st 2016 - 12:41 UTC
Roussseff's impeachment should be resolved by end of August, says Temer
Brazil's political uncertainty must be resolved by the end of August -- its Olympic-hosting month -- by reaching a verdict in the impeachment trial of suspended President Dilma Rousseff, her interim replacement has said. Michel Temer, the vice president who has been acting head of state since May, said he expected Rousseff would be definitively booted from office. That would make him president until the next elections in 2018.
