
President Jose Mujica anticipated that the Argentine economy can’t remain ‘closed for much more time’ (protectionist) and forecasted that 2013 will be a ‘clear year’ for Uruguay regarding economic issues.

Mercosur leading members Brazil and Argentina are closely following the Venezuelan situation confident there are no reasons for surprises or fears about the democratic system, while the most respected political reporter of the country Nelson Bocaranda assures that President Cristina Fernandez, CFK, paid a secret visit to Havana in December where she talked with Hugo Chavez about his true health condition.

The Falkland Islands Government announced the completion of the booklet “Our Islands, Our History”. The booklet provides a succinct and accessible summary of the key aspects of the history of the Falkland Islands, and of the people whose determination and character have forged them to a democratic, prosperous and dynamic community.

Venezuela gave another step in its integration process as full member of Mercosur underlining recent achievements with its partners Argentina, Brazil and Uruguay but completely ignored Paraguay, the fourth full member currently suspended from the block.

Argentina will be making a presentation before the US Court of Appeals for the second circuit, in Manhattan on Friday regarding Federal Judge Thomas Griesa recent ruling that Argentine defaulted bondholders must be paid simultaneously with those who accepted the restructured bonds.

Venezuelan president Hugo Chavez delegated certain responsibilities in economic affairs to Vice-President Nicolas Maduro including the right to authorize debt sales and seize assets. The announcement comes at a moment when significant economic decisions must be taken following the profligate spending leading to last October’s election.

MercoPress wishes a happy holiday season to all its readers and sponsors!

Argentina has lost its limits and references, and this was dramatically expressed these last few days says Joaquin Morales Solá, one of the country’s most respected political analysts, when the looting and rioting extended from Resistencia to the north next to Paraguay, to Bariloche in Patagonia.

Footballers both young and old, in the Falkland Islands have had the opportunity and rare privilege this last week of being coached by one of the game’s legends.

A rash of looting and ransacking of supermarkets in Argentine major cities and several provinces left two people killed, dozens injured and hundreds arrested. The looting and vandalizing of supermarkets began in the Patagonian resort of Bariloche on Thursday and seemingly triggered a knock-on effect across different provinces, as similar incidents began to arise in Buenos Aires, Santa Fe, Entre Ríos and Chaco provinces.