Mercosur

Top stories this week are likely to include: Enrique Peña Nieto tours Latin America; United Nations General Assembly gets underway; Venezuela’s presidential election intensifies; European Union continues free-trade talks with Canada; and Paraguay seeks reparations from Mercosur. 

The presidents of Argentina, Brazil and Uruguay will meet Venezuelan President Hugo Chávez in Brasilia today to formalize Venezuela’s full admission into Mercosur, the largest trade bloc in South America.

Top stories this week are likely to include: Chávez travels to Brazil for Venezuela’s formal incorporation into Mercosur; Foreign mining to continue in Peru, as Humala marks one year in office and reaffirms commitment to social spending; Cuba set to further open its economy; Argentina tightens control over energy industry; and Colombia’s economy slows.

The answer rests on whether Fernando Lugo's ouster falls under the definition of an "impeachment coup."

Top stories this week are likely to include: effect of Fernando Lugo’s impeachment; Supreme Court verdict on Arizona’s immigration law; Mexico elects a new government; Julian Assange’s asylum request to Ecuador; and Mercosur summit in Argentina.

Yesterday, at Mercosur’s presidential summit in Montevideo, Uruguay, foreign ministers of the bloc’s four founding members—Argentina, Brazil, Paraguay, and Uruguay—signed a free trade agreement (FTA) with the Palestinian Authority (PA).

The forty-second summit of members of the Southern Common Market (Mercado Común del Sur, or Mercosur) begins today in Montevideo, where Uruguay will hand the six-month presidency of the trade bloc over to Argentina.

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