Mercosur

Sunday, April 15th 2012 - 21:56 UTC
YPF dispute in calmer waters: Argentina yields and Repsol CEO calls for dialogue

The CEO from Spain’s main oil corporation Repsol, Antonio Brufau said that there should be no speeches or attempts to impose, but rather more dialogue, in direct reference to the ongoing conflict with the Argentine government over the possible takeover of the YPF branch.
Sunday, April 15th 2012 - 20:57 UTC
Cristina Fernandez abandons summit with no declaration on Falklands/Malvinas

Argentine President Cristina Fernández left the 6th Summit of the Americas held in Cartagena de Indias, Colombia, before the official closing meeting allegedly in protest against a lack of regional support for Argentina’s claims in the Falklands/Malvinas dispute with the UK.
Sunday, April 15th 2012 - 05:38 UTC
The Economist article triggers strong reaction from the Chilean political system

Widely perceived to be the most developed and financially stable nation in South America, Chile is, for the most part, unaccustomed to critical analyses from the international press.
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.