Paraguay’s industrial union, UIP, lashed at Mercosur over the incorporation of Venezuela as a full member and Argentina’s reiterated lack of respect for signed agreements and understandings.
Uruguay’s economy grew faster than economists expected in the third quarter, spurred by increased construction, transportation and communications activity. GDP expanded 3% from a year earlier, the central bank said on Thursday on its website. The economy grew 1.2 percent from the second quarter, the bank said.
The IMF said Thursday that it was unlikely to take action on Argentina failure to supply accurate statistical data before January, if the country misses a deadline next Monday.
The European Union reached a landmark deal on Thursday to make the European Central Bank the bloc's top banking supervisor, giving EU leaders greater confidence that they are gaining the upper hand over the Euro zone's debt crisis.
P&O, a subsidiary of Carnival Corporation Plc and one of the world’s leading cruise operators will be omitting Puerto Madryn, Ushuaia and Buenos Aires from its 2013 season because of the difficulties encountered by its red ensign vessels in Argentine ports during recent months. However the company confirms that the vessels will continue to call in the Falkland Islands.
The Economist Intelligence Unit (EIU), a sister company of The Economist, has released today its 2013 where-to-be-born index, which measures which country will provide the best opportunities for a healthy, safe and prosperous life in the years ahead. Argentina is ranked in position 40, behind Chile, Brazil and Mexico, and far worse than when the first index published in 1988.
Brazil's president, Dilma Rousseff, told reporters in Paris her government intends to build approximately 800 regional airports in Brazil. The project considers that each city with over 100.000 inhabitants should have an airport within a 60-kilometer range.
The European Union Trade Commissioner openly accused “Argentina’s behaviour” as the main obstacle in discussions to advance and reach a free trade agreement with Mercosur.
A majority of the Brazilian population, 63% is dissatisfied with the performance of the police forces and 90% considers the justice system ‘too slow” according to a survey from the Getulio Vargas Foundation think-tank Law School, released this week.
Venezuelan doctor Jose Rafael Marquina, who is based in the US and is known for his accurate prognoses on President Hugo Chavez’s health, told a local Florida radio that the Venezuelan leader Chavez has “between two and three months to live”.