Mercosur

• Friday, July 15th 2016 - 06:35 UTC

  Oil company pledges US$ 1.4bn in investments in Argentine Patagonia

  

  Pan American Energy PAE, announced on Thursday investments of 1.4bn dollars in exploration and exploitation of conventional and non conventional hydrocarbons in the Argentine Patagonia provinces of Neuquen, Chubut and Tierra del Fuego.

• Friday, July 15th 2016 - 04:13 UTC

  “We'll be back with Cristina and we'll return to Malvinas”, pledges Maradona in Ushuaia

  

  “We'll be back with Cristina, and we'll be back in Malvinas”, said Argentina's world football ex-star Diego Armando Maradona before leaving Ushuaia, in Tierra del Fuego where he spent mini vacations.

• Friday, July 15th 2016 - 03:37 UTC

  'Falklands' future promising'', according to Latin American independent report

  

  ”The future of the Falkland Islands looks promising”, according to an independent investigation made by Eduardo Calderon, Daniel Haering and Andres Marroquin from the University Francisco Marroquin (UFM) and unveiled in Guatemala.

• Friday, July 15th 2016 - 03:01 UTC

  'Suspend Falkland/Malvinas sovereignty claim until 2033', when hopefully Argentina becomes attractive

  

  Argentina's former foreign minister Dante Caputo has proposed suspending the sovereignty claim over the Falkland/Malvinas Islands until 2033, when the 200th anniversary of the “British occupation” because according to his own words, “the multilateral path no longer yields a result”. And he emphasized, “they will come when the country becomes attractive for the Argentines”.

• Thursday, July 14th 2016 - 07:43 UTC

  Petrobras tenth FPSO vessel in the pre-salt Santos Basin begins production

  

  Petrobras declared the commencement of production from the Cidade de Saquarema floating production, storage and offloading (FPSO) vessel at the Lula oil field on Jul 8. The offshore oil field is situated in the pre-salt Santos Basin and most importantly, the Cidade de Saquarema unit is the tenth FPSO that is working in the pre-salt region of Brazil.

• Thursday, July 14th 2016 - 07:38 UTC

  Temer wins strong ally with Lower House new speaker; crucial to approve unpopular economic reforms

  

  Brazil's lower house of Congress elected an ally of interim President Michel Temer as its new speaker late on Wednesday, marking a victory for a government racing to approve unpopular economic reforms. Rodrigo Maia of the right-leaning Democrats party, known as DEM, won the second round ballot by a wide margin in a hotly contested election.

• Thursday, July 14th 2016 - 07:35 UTC

  Lula says a six-vote swing is needed to beat Rousseff's impeachment in August

  

  Brazil's suspended president Dilma Rousseff could still wriggle out of a looming impeachment vote, her ally and predecessor Lula da Silva said. Speaking with Radio Jornal, Brazil's most prominent leftist leader said Rousseff's case is not hopeless, despite months of mounting pressure on her to be removed from office.

• Wednesday, July 13th 2016 - 07:04 UTC

  Argentines hold at least 232.5bn dollars overseas, according to stats office Indec

  

  Argentines held 232.5 billion dollars overseas in 2015, almost 10bn dollars over the previous year, according to the latest report from the country's official Indec stats office. The report, “International Investment position” is a financial balance account of Argentina with the rest of the world and records the market value of Argentine residents external assets and liabilities.

• Wednesday, July 13th 2016 - 05:11 UTC

  Mercosur asks Venezuela for 'democratic and human rights gestures' before transferring the group's chair

  

  Mercosur members are requesting from Venezuela concrete gestures in favor of democracy and human rights if they are to consider the transfer of the group's pro tempore chair from Uruguay to Caracas, pointed out Paraguayan foreign minister Eladio Loizaga a day after the group was unable to reach a consensus on the issue that has become particularly controversial when not frustrating.

• Wednesday, July 13th 2016 - 01:31 UTC

  Argentina and Brazil situations take a toll on Uruguay's 2015/16 cruise season

  

  The number of vessel calls dropped 6.4% and passengers landed 4.1%, during the last 2015/2016 cruise season compared to 2041/2015, according to the final report from Uruguay's Tourism ministry. The number of passenger and crew landed in Montevideo and Punta del Este reached 319.000 having spent an estimate 11.1 million dollars.