Politics

• Tuesday, October 22nd 2013 - 19:32 UTC

  Uruguay and Brazil agree Mercosur will make a joint trade proposal to EU next December

  

  Uruguay and Brazil have concluded their proposals to present to the European Union and are waiting for Argentina and Paraguay, in the framework of current negotiations, delayed for years, to reach a free trade and cooperation agreement between the two blocs.

• Tuesday, October 22nd 2013 - 16:34 UTC

  Cartes and Mujica will address Mercosur and port facilities in Friday's meeting in Montevideo

  

  Paraguayan president Horacio Cartes will be visiting Uruguay next 25 October to meet with his peer Jose Mujica and a month later will be flying to the Vatican to visit Pope Francis, November 25, announced Foreign minister Eladio Loizaga.

• Tuesday, October 22nd 2013 - 05:45 UTC

  Malvinas: Argentina invites Chagos group to expose contradictions in UK's decolonization policy

  

  Argentina's Foreign minister Hector Timerman will receive on Tuesday Olivier Bancoult, president of the Chagos Refugees Group, the entity which represents the 'Chagossians' forcibly ousted from their lands by the United Kingdom. The administration of President Cristina Fernandez pretends to expose contradictions in the UK's approach to the Chagos case and the Falklands sovereignty dispute.

• Monday, October 21st 2013 - 21:41 UTC

  Brazil auctions 35-year production rights to giant offshore Libra oil area

  

  Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. The auction in Rio do Janeiro took place amid strict security measures with hundreds of police forces clashing with protestors.

• Monday, October 21st 2013 - 21:30 UTC

  Argentine Central bank losing reserves at a rate of 47.5 million dollars per day

  

  Argentina's central bank is currently losing international reserves at an average of 47,5 million dollars per day or 8 million per hour, according to the latest figures on the bank's accounts which is increasingly used by the government of President Cristina Fernandez to honor foreign debt and finance the budget.

• Monday, October 21st 2013 - 21:25 UTC

  Gibraltar Day in London attended by the Rock's Chief Minister and cabinet

  

  Chief Minister Fabian Picardo is in the UK to attend Gibraltar Day in London and various other events this week. CM Picardo is accompanied by several other Gibraltar Government ministers who will also participate in the scheduled events, including Finance Minister Albert Isola, Education and Justice Minister Gilbert Licudi and Neil Costa, the Minister for Tourism, Public Transport, Commercial Affairs and the Port.

• Monday, October 21st 2013 - 19:52 UTC

  Support for Saudi Arabia's rejection of UN Security Council seat

  

  Saudi Arabia's Gulf Arab allies and Egypt have applauded its decision to reject a UN Security Council seat in protest at the world body's failure to act on Syria, whose leader is backed by Russia and Shi'ite Iran.

• Monday, October 21st 2013 - 07:47 UTC

  Barroso optimistic about coming 'events' in EU/Mercosur trade negotiations

  

  The president of the European Commission, Jose Manuel Barroso anticipated that 'soon' there will be 'events' referred to the EU/Mercosur cooperation and trade agreement and underlined that Brazil is most interested in making possible such an accord.

• Monday, October 21st 2013 - 07:13 UTC

  Uruguay among the countries in Latam with the highest power costs

  

  Uruguay is among the Latin-American and Caribbean countries with the highest power costs according to a paper from the Inter-American Development Bank, IDB, Bloomberg and New Energy Finance. This is extensive both for residential consumers and for manufacturing and large consumers.

• Monday, October 21st 2013 - 07:01 UTC

  Too many summits: Ibero-American countries decide to meet every other year

  

  In a poorly attended Ibero-American summit held during two days in Panama, the heads of state and government from the Americas, plus Spain and Portugal, decided that instead of holding annual meetings they would get together every other year, starting after the 2014 summit in Veracruz, Mexico.