Brazilian President Luiz Inácio Lula da Silva insisted that he was not talking to his Argentine counterpart Javier Milei until the latter apologized to him and his country for his derogatory remarks during last year's campaign in which the Libertarian leader spoke of a “corrupt Communist” while remaining close to Lula's adversary and then incumbent Jair Bolsonaro.
Next month, from Thursday, July 4th to 8th, the Mercosur pro tempore presidency will be handed by Paraguay to Uruguay, at the capital Asunción during the regional presidential summit. On the occasion, Paraguayan president Santiago Peña will be giving the Mercosur presidency to Uruguay's Luis Lacalle Pou. Still, it will be interesting to see how leaders of the two major members, Argentina's ultra-liberal Javier Milei and Brazil's populist Lula da Silva, who are not on talking terms, will approach circumstances if they effectively attend the summit.
Paraguay's Congress will be asked to declare a hydrological emergency in the Paraná River to speed up dredging after members of the Paraná Joint Commission (Comip) discussed the hydro-climatological last week and agreed on the next actions, Merchant Marine Director Patricio Ortega explained in Asunción.
Argentine President Javier Milei met this weekend in Berlin with German Chancellor Olaf Scholz in what became his first encounter with a foreign leader not akin to his rightwing philosophy. Nevertheless, both leaders discussed the trade agreement between the European Union (EU) and Mercosur and Argentina's bid to join the Organization for Economic Cooperation and Development (OECD).
Argentina recorded a historic foreign trade exchange surplus of US$ 2.656 billion in May, Argentina's Trade Exchange (ICA) reported Thursday in Buenos Aires. The new figures surpassed the previous record of US$ 2.543 billion from May 2009. So far in 2024, Argentina has accumulated a balance of + US$ 8.8 billion.
Montevideo remained South America's most expensive place to live according to the Mercer Ranking released this week, closely followed by Buenos Aires, a place that has been moving up fast since President Javier Milei's Dec. 10, 2023, inauguration. The list helps multinational employers plan their strategies regarding compensations and other expenses, it was explained. Hong Kong stayed at the top, followed by Singapore, and Sitzerland's Zurich, Geneva, and Basel.
Dignitaries from all South American Common Market (Mercosur) nations gathered in Asunción last week to sign a declaration against terrorism which was named after the Argentine Israelite Mutual Association (AMIA) in Buenos Aires just a month before the 30th anniversary of the bombing of its headquarters on July 18, 1994, killing 85 people and leaving some 300 wounded.
In an interview with Brazilian reporters during his Chinese trip, Vice President Geraldo Alckmin underlined the importance of the China-Brazil High-Level Coordination and Cooperation Committee (COSBAN).
Uruguay's Foreign Ministry Omar Paganini anticipated that revitalizing dialogue with China will be a main priority once his country takes over the pro-tempore presidency of the South American Common Market (Mercosur) on July 8.
Presidents Santiago Peña of Paraguay and Xiomara Castro of Honduras, who also chair the Southern Common Market (Mercosur) and the Community of Latin American and Caribbean States (Celac) respectively, got together while in San Salvador during Nayib Bukele's new inauguration as President of El Salvador to discuss issues related to how to promote a joint agenda, it was reported.