Brazil has threatened with trade reprisals if Argentina does not lift new restrictions to imports of Brazilian manufactured toys. Trade tensions between the two Mercosur partners and largest economies of South America have soured lately because of what Brazil considers “protectionist” measures and attitudes from Argentina.
Uruguayan president-elect Jose Mujica is scheduled to meet next Tuesday with Brazilian president Lula da Silva on the sidelines of the Mercosur summit to be held in Montevideo, according to diplomatic sources.
Honduras’ Congress overwhelmingly voted Wednesday against the reinstatement of ousted President Manuel Zelaya, a move that closes the door on his return to power after he was toppled in a June coup.
Medals belonging to a Falklands war veteran who wanted the cash because his injuries prevented him working have fetched a record £70,000 at auction. Captain Ian Bailey of Ash Vale, Surrey, was awarded the Military Medal for his part in an attack on two Argentine positions on Mount Longdon, in 1982.
Uruguayan President-elect José Mujica vowed to have the best possible relations with Argentina and isolate the conflict over the Botnia pulp mill, which has generated frictions in the bilateral relation.
Argentine President Cristina Fernández de Kirchner said that the sovereignty claim over Malvinas, South Georgia, South Sandwich islands and surrounding maritime spaces, illegitimately held by Britain, will be paramount in next year’s Ibero-American summit declaration.
Dakar rally director Etienne Lavigne celebrated Wednesday in Buenos Aires that the coming 2010 edition of the world event will coincide with Argentina and Chile commemoration of their second bicentennial as nations.
The Venezuelan government has shut down four private banks, accusing them of financial irregularities. The closures come 10 days after the authorities took over the banks on suspicion of violating regulations.
Unemployment in the 16-nation Euro zone remained at 9.8% in October after being revised higher to that level in September (from 9.7 to 9.8%), according to the European Union statistics office in Luxembourg said today. This is the highest rate since December 1998.
Brasilia runs the risk of “isolation” if it does not recognize Honduras presidential elections according to Brazilian member of Congress Raul Jungmann, the only representative from his country to be part of an observers’ international committee on Sunday’s ballot.