Mercosur

Sunday, April 15th 2012 - 05:31 UTC
Spain feels conflict with Argentina over YPF “seems to be getting back on course”

In the last 48 hours “things seem to be getting back on course” said on Saturday Spain’s Minister of Industry Jose Manuel Soria in reference to the ongoing conflict with the Argentine government over the possible take over of YPF, the Argentine affiliate of Spain’s Repsol.
Sunday, April 15th 2012 - 04:34 UTC
Obama and CFK leave trade issues aside and want to continue as ‘friends and partners’

President Cristina Fernández and US President Barack Obama agreed to work upon trade differences “which in no way conform the central aspects of the bilateral relationship” during their Saturday afternoon half hour meeting with an “open agenda” at the 6th Summit of the Americas hosted by Colombia.
Saturday, April 14th 2012 - 22:34 UTC
Chavez cancels summit’s plan and flies to Cuba on a 90 day leave for treatment

Venezuela's President Hugo Chavez will not attend this weekend's hemispheric summit in Colombia and will instead fly straight to Cuba to continue radiation treatment for cancer, his foreign minister said on Saturday.
Saturday, April 14th 2012 - 22:26 UTC
“Revolutionary Junta” to consolidate “Chavism”, forecasts US expert in Latam affairs

Venezuelan military alarmed by the fast physical deterioration of President Hugo Chavez have worked out an emergency plan to be implemented, including the suspension of basic constitutional rights, at the slightest sign of political agitations, said the former US ambassador before the OAS, Roger Noriega.
Saturday, April 14th 2012 - 20:30 UTC
Cruise sent to collect passengers from stranded M/V Plancius docked in South Georgia

The Panama flagged cruise vessel M/V Ushuaia is expected to arrive early next week in South Georgia to pick up the stranded 114 passengers and crew of a similar small cruise M/V Plancius which after experiencing serious propulsion trouble took shelter at King Edward Point Research Station in Grytviken.
Saturday, April 14th 2012 - 06:48 UTC
YPF dispute: Argentina runs the risk of becoming an ‘international pariah” warns Spain

Spanish officials warned Argentina on Friday that the country risks becoming “an international pariah” if it follows through on its threats to take control of Spanish-owned energy company Repsol's majority stake in its YPF unit.
Saturday, April 14th 2012 - 06:17 UTC
Ocampo drops out from World Bank bid; gives full support to Nigerian candidate

Former Colombian finance minister Jose Antonio Ocampo ended his bid to become World Bank president on Friday, leaving two candidates in an unprecedented challenge to US control of the global development institution.
Tuesday, April 10th 2012 - 06:54 UTC
Uruguay will enjoy “positive discrimination” in bilateral trade with Argentina

Argentina and Uruguay presidents Cristina Fernandez and Jose Mujica agreed Monday evening to discuss their trade differences in the framework of Mercosur and promote “positive discrimination” measures for Uruguayan exports to help compensate the restrictions imported to all imports by the Argentine government.
Wednesday, April 4th 2012 - 08:42 UTC
Mujica will try and convince Brazil to open Mercosur to third countries

Uruguayan president Jose Mujica arrives Thursday in neighbouring Brazil to discuss with his peer Dilma Rousseff trade expansion, productive and energy complementation and above all opening Mercosur to third countries in search of new markets.
Sunday, April 1st 2012 - 08:28 UTC
Rootyling for cash, the central bank has become Argentina’s Piggy bank

The Economist argues that with the latest legislation, the Argentine central bank has lost its legal independence and become the piggy bank of President Cristina Fernandez government.