Mercosur

Monday, August 6th 2012 - 08:23 UTC
Mercosur economic performance expected to lag behind Andean countries in 2012

Argentina and Brazil will experience an economic slowdown this year compared to 2011, while Paraguay, punished by drought and an outbreak of foot and mouth disease, will have the worst performance in Latin America, and Peru the best, according to the Argentine consultants Ecolatina
Monday, August 6th 2012 - 08:14 UTC
Lugo going to appeal before the Inter American Court his removal from office

Fernando Lugo said he would appeal to the Inter American Court the whole political impeachment process in the Senate that ended with his removal from the Paraguayan presidency in less than 48 hours and with little chance of a defence.
Monday, August 6th 2012 - 08:07 UTC
Ex-president says inclusion of Venezuela in Mercosur is “favourable for Uruguay”

Former president Jorge Batlle (2000/2005) said that the inclusion of Venezuela in Mercosur “is favourable for Uruguay” but at the same time insisted it was “wrongly done” for not having taken into account Paraguay’s opposition currently suspended as member of the regional block.
Monday, August 6th 2012 - 07:56 UTC
Ecuador negotiation to join Mercosur as full member begin next month

Mercosur will officially begin negotiation with Mercosur for its inclusion as full member in September announced the Brazilian news agency, ABR on Sunday. The meeting is scheduled for September 15 when the incorporation preliminaries will be addressed.
Saturday, August 4th 2012 - 22:29 UTC
Chile expects a 30% increase in cruise vessel calls this 2012/13 season

Chile is expecting an increase of 30% in the number of cruise vessels calls this coming season with Puerto Montt and Punta Arenas receiving the most, said the country’s Under Secretary for Tourism Jacqueline Plass.
Saturday, August 4th 2012 - 19:24 UTC
Falkland Islands’ assessing options for the expansion of port facilities

Falkland Islands port facilities are under assessment given the prospects of oil industry activities in the near future and two options are being considered by the local government: a new port project, and an interim development of the current facilities at FIPASS.
Saturday, August 4th 2012 - 05:00 UTC
YPF and PDVSA advance in the energy strategic alliance; next meeting in Caracas

Argentina and Venezuela gave their first step in the creation of an energy strategic alliance between oil companies YPF and PDVSA, after the agreement signed by President Cristina Fernández and her Venezuelan counterpart, Hugo Chávez, in Brasilia last Tuesday.
Saturday, August 4th 2012 - 03:14 UTC
Venezuela accession to Mercosur “by the back door”, according to The Economist

Under the heading of “In by the back door” referred to the expansion of Mercosur, The Economist says “bringing Venezuela certainly was smart, in the sense of cunning rather than wise”, but it was done ignoring the block’s rules which call for unanimity in admitting new members.
Saturday, August 4th 2012 - 02:18 UTC
Paraguayan senators challenge Chavez version of attempted bribes to favour Venezuela

An international controversy has surfaced between President Hugo Chavez and Paraguayan senators as to who really tried to bribe whom regarding failed attempts to have Venezuela incorporated to Mercosur.
Friday, August 3rd 2012 - 22:34 UTC
Brazilians trust in future of their country, their jobs and President Rousseff

President Dilma Rousseff continues to enjoy high popularity as Brazilian consumers sound very optimistic about the future of their country and trust they can hold on to their jobs despite the recent economic slowdown.