Tag: South Bank

• Wednesday, December 21st 2011 - 05:49 UTC

  Chavez claims five Paraguayan lawmakers are impeding Venezuelan access to Mercosur

  

  President Hugo Chavez claimed that a small group of Paraguayan lawmakers, manipulated by a “powerful black hand”, are impeding the long-delayed access of Venezuela as full member of Mercosur.

• Thursday, December 15th 2011 - 15:37 UTC

  Brazil decides full support for the (development) Bank of the South

  

  The administration of President Dilma Rousseff will be sending the bill creating the Bank of the South to congress next month, since this financial institution “will help the region address the global crisis”.

• Sunday, November 27th 2011 - 01:17 UTC

  UNASUR agrees to promote inter-trade and make operational infrastructure bank

  

  Unasur (Union of South American Nations) Economy and Finance ministers plus Central bank governors agreed to promote inter-regional trade as a way to cope with the incoming international crisis and anticipated that the South (development) Bank would formally be in operations in three weeks time.