Three days after Economy Minister Amado Boudou was hand picked by Argentine President Cristina Fernández de Kirchner to be her running mate in the upcoming presidential elections, he took to Twitter to make his first public statements after the nomination.
Argentina Economy Minister Amado Boudou said that the idea of appealing to an only shared currency by Mercosur members generates ‘doubts’ given the European experience, and feels more inclined ‘to stimulate trade with local currencies”, so that each member country can take advantage of monetary policy macroeconomic instruments.
The Argentine Supreme Court ruled in favour of same-sex partners seeking pension benefits. The ruling came after the highest court reversed a previous ruling neglecting a man of any pension benefits after the demise of his partner, whom he had shared his life with for over 40 years.
Judges said that “the current pensions’ law cannot ignore situations like these.”
Mercosur structural convergence fund, Focem, which was created in 2005, has distributed 1.1 billion US dollars among its full members for the implementation of 37 projects basically to improve roads for inter-region and international trade, according to official figures released in Asunción.
The Executive Board of the International Monetary Fund selected on Tuesday Christine Lagarde to serve as IMF Managing Director and Madame Chairman of the Executive Board for a five-year term starting on July 5, 2011.
Foreign Affairs minister Hector Timerman in Asuncion for the Mercosur summit promised on Tuesday Argentina will put an end to fluvial obstacles to Paraguayan trade. Landlocked Paraguay trades with the rest of the world through the Parana River, most of which crosses Argentine territory.
Japan is attending the Mercosur summit in Paraguay with an eye on proposing the launch of a dialogue to boost bilateral economic relations and explore the possibility of signing a free trade agreement, reports the Japanese news agency Kyodo.
France's Christine Lagarde picked up an endorsement from China Monday, raising her chances to become head of the International Monetary Fund. The IMF board is expected to make the decision between Lagarde, France's Finance minister, and Mexican Central bank chief Agustin Carstens as early as Tuesday.
Demands by Venezuela's opposition for information on President Hugo Chavez's health grew louder Monday and bond prices rallied on speculation the populist leader could be seriously ill.
Brazil highest magistrate, president of the Federal Tribunal (Supreme Court) Cezar Peluso said he was contrary to the disclosure of records from the recent military dictatorship (1964/1985) as was proposed by President Dilma Rousseff.