Mercosur

Thursday, September 20th 2012 - 02:22 UTC
Uruguayan president Mujica at his lowest approval rate since taking office

The approval of Uruguayan president Jose Mujica dropped to 36% which is the lowest since he took office in March 2010, and the lowest of the ruling coalition Broad Front, according to the latest public opinion release.
Wednesday, September 19th 2012 - 21:15 UTC
Don’t wait for the end of the EU crisis: boost trade among emerging economies, recommends Brazil

Brazilian finance minister Guido Mantega said that resolving Europe’s economic problems are likely to drag out over coming years due to a complex and slow process of decision-making in the region and recommended emerging economies to promote domestic consumption and trade among them.
Wednesday, September 19th 2012 - 21:07 UTC
Spain has not invited Paraguay to the Ibero-American summit confirms Asunción

Spain has not invited Paraguay to the Ibero-American summit in Cadiz scheduled for next November confirmed Paraguayan Foreign minister Jose Felix Fernandez Estigarribia, who also admitted that the number of countries ‘disgusted’ with the new administration of President Federico Franco has diminished considerably.
Tuesday, September 18th 2012 - 23:33 UTC
Rajoy and Franco will address Paraguay’s attendance to Ibero-American summit

President Federico Franco and the head of the Spanish government Mariano Rajoy will address the participation of Paraguay in the coming Ibero-American summit scheduled for November in Cadiz, taking advantage of their presence in New York next week for the UN General Assembly.
Tuesday, September 18th 2012 - 16:18 UTC
Uruguay calls for doubling efforts in EU/Mercosur trade and association talks

Uruguayan Industry, Energy and Mining minister Roberto Kreimerman called on the European Union and Mercosur members to double efforts and advance in negotiations to achieve a wide ranging association agreement which has been discussed for almost two decades.
Monday, September 17th 2012 - 05:48 UTC
Spain dumps Paraguay from the Ibero-American summit not to offend Argentina

A top Spanish official made a low profile and unexpected visit to Paraguay last week with the purpose of trying to convince the administration of president Federico Franco to remain absent from the coming Ibero-American summit scheduled for November since Madrid fears his presence could turn the event into a failure.
Monday, September 17th 2012 - 05:37 UTC
Venezuela and Argentina sign 24 agreements in the oil-food industries

Venezuela and Argentina signed three institutional agreements and 24 among corporations during the two-day First Meeting for the Venezuela-Argentina Petro-industrial development with the purpose of intensifying trade, investment and cooperation between the two countries.
Monday, September 17th 2012 - 02:37 UTC
Paraguay could demand “moral and economic” compensation from Mercosur members

Paraguay is considering demanding “moral and economic” compensation from Argentina, Brazil and Uruguay for having been suspended from Mercosur as full member and at the same reiterated its rejection to Venezuela’s admission, according to the country Foreign Ministry.
Friday, September 14th 2012 - 05:18 UTC
Auction of Pluna’s Bombardier aircraft collapses: terms “non attractive” and “non viable”

Uruguay’s attempt to auction the bankrupt national airline Pluna aircraft collapsed because none of the groups that showed an initial interest turned up arguing that the 136 million dollars for the seven Bombardier CRJ900 NextGen was “not attractive” and considered the whole business deal “non viable”.
Friday, September 14th 2012 - 03:40 UTC
Thousands across Argentina take to the streets to protest against re-re-election

Appealing to social networks thousands of Argentines Thursday evening took to the streets of the country’s major cities to protest some of the latest measures from the government of President Cristina Fernandez including the re-re-election plans and the increasing restrictions to the purchase of dollars.