Mercosur

Thursday, August 23rd 2012 - 05:33 UTC
A billion dollars trade surplus for Argentina in July; Mercosur main partner

Argentina’s trade surplus reached 1.014 billion dollars in July, which is 54% higher than the same month a year ago. Exports totalled 7.4 billion and imports 6.37bn according to the latest release from the official stats office, Indec.
Thursday, August 23rd 2012 - 01:59 UTC
OAS to dispatch mission to accompany and observe Paraguay’s political process

The Organization of American States (OAS) agreed on Wednesday to dispatch of a mission to Paraguay to accompany and observe the electoral process in the country that will conclude with the general elections of April 21, 2013.
Thursday, August 23rd 2012 - 01:52 UTC
“We need to prepare for war to live in peace”, says Paraguayan Defence minister

“We must prepare for war to live in peace” said Paraguay’s Defence minister Maria Liz Garcia in reference to the new geopolitical situation following the suspension of Paraguay as a member of Mercosur and Unasur.
Thursday, August 23rd 2012 - 00:58 UTC
Chavez pledges 130bn investment to boost oil production to 6 million bpd by 2019

Some 130 billion dollars will be invested in Venezuela's Orinoco Oil Belt between 2013 and 2019 to boost national production from 3 million barrels per day to 6 million bpd, President Hugo Chavez announced on Tuesday evening.
Thursday, August 23rd 2012 - 00:50 UTC
Where’s the cheapest to ‘fill her up’? Venezuela: 12.8 US cents a liter of petrol

Venezuela, the latest entry as full member of Mercosur has the cheapest petrol price in the world, 8 pennies per liter, (1 £ trading at 1.59 dollars on 22 August) according to the latest report from UK website, “This is money”, based on a research from Evans Halshaw.
Tuesday, August 21st 2012 - 22:49 UTC
Argentina hits back at US and will complain in WTO trade barriers on meats and lemons

The Argentine Foreign Ministry on Tuesday hit back at the United States amid various trade barrier complaints and allegations of illegality saying that it would report the country for violating the World Trade Organization’s (WTO) rules for stopping imports of Argentine meat and citrus fruits to the US.
Tuesday, August 21st 2012 - 22:08 UTC
Peru to punish “negationism”, denying a past of killings and destruction by terrorist gangs

The Peruvian government announced that it will be sending Congress a bill that punishes the negation of the terrorist violence suffered by the country during the last decades of the last century. The bill against “negationism” is in ‘support of democracy and a unified front against terrorism’ which is still active in some parts of the country in alliance with the drug lords.
Tuesday, August 21st 2012 - 22:01 UTC
Brazil with the lowest performance in the first half of 2012 among BRIC countries

Russian GDP growth in percentage terms surpassed Brazil in the first half of the year and even if the market still prefers Brazil’s diverse economy over Russia, the South American country is now dead last in terms of economic growth in the big four emerging markets, BRIC.
Tuesday, August 21st 2012 - 19:07 UTC
US and Japan file complaints at WTO against Argentine import licensing rules

The United States and Japan launched on Tuesday complaints against Argentina at the World Trade Organization (WTO), alleging that its import licensing rules discriminate against foreign goods. The two complaints follow similar litigation brought by the European Union in May.
Tuesday, August 21st 2012 - 18:45 UTC
Faklands’ Consolidated toothfish fishery under assessment for certification

Falkland Islands Consolidated Fisheries Ltd has announced that the Falklands longline Patagonian Toothfish (Dissostichus eleginoides) fishery has entered full assessment for Marine Stewardship Council (MSC) certification.