For The Rio Times
President Hugo Chávez met with the leaders of Brazil, Argentina and Uruguay in Brasília Tuesday to formalize Venezuela’s entrance to Mercosur – six years after the oil-rich Caribbean nation’s first attempt to join the trade bloc. The decision to let in Venezuela was taken, controversially, without Paraguay’s approval during that country’s suspension for Former President Fernando Lugo’s impeachment.
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For Americas Quarterly
Late last month, the Mercosur alliance met, suspended Paraguay and ushered in Venezuela as a full member in almost as little time as it took the Paraguayan congress to impeach their former president, Fernando Lugo, the preceding week.
What does this mean for Brazil?
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For Americas Quarterly
Today’s Mercosur presidential meeting, in Mendoza, Argentina, is getting rather more international attention than it likely anticipated. Previously expected to be little more than tussling over tariffs and a perfunctory discussion of fiscal woes in Europe, the focus now will be Fernando Lugo’s sudden removal from the Paraguayan presidency last Friday.
But what does this mean for Brazil? Read more here.
For The Rio Times
Mercosur members including Brazil have suspended Paraguay from the South American economic alliance following Friday’s impeachment of President Fernando Lugo.
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For The Rio Times
Wary of dependence on the dollar, Brazil and China on Thursday agreed to a R$60 billion currency swap, shoring up their economies and increasing liquidity in the wake of continued instability in Europe and the United States.
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For Americas Quarterly
The Rio+20 summit is a global coming-out party for Brazil. But could the government’s controversial environmental policies be a black mark on its hosting status?
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For The Rio Times
President Dilma Rousseff arrived in Los Cabos, Mexico Sunday to attend the 7th G-20 Summit of the world’s leading economies, where the Eurozone crisis and its effect on global growth took center stage.
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