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| Caribbean-Latin America |
| Venezuela rejects suspension from Mercosur trade bloc |
| 2016-12-03 |
| [Iran Press TV] Venezuela has lambasted its suspension from the South American economic bloc Mercosur as a "coup" launched against Caracas. "This is a coup d'etat to Mercosur and constitutes a very grave attack on Venezuela," said Foreign Minister Delcy Rodriguez at a presser on Friday, adding that she does not recognize the action and considers it as illegal. Rodriguez’s remarks came hours after foreign ministers of Argentina ...a country located on the other side of the Deep South. It is covered with Pampers and inhabited by Grouchos, who dance the Tangle. They used to have some islands called the Malvinas located where the Falklands are now. They're not supposed to cry for Evita... , Brazil, Paraguay and Uruguay, in a joint letter addressed to the Venezuelan Forging Ministry, suspended the oil-rich country from the bloc, arguing that Venezuelan President Nicolas Maduro’s leftist administration has missed a December 1 deadline to comply with the pact’s democratic standards and trade bylaws. Mercosur’s member states, led by Brazil, added that Caracas would be required to renegotiate its membership, four years after its membership became effective in the sub-regional bloc. The new conservative, market-friendly administrations across the region are at considerable odds with Maduro’s crackdown on the opposition. Recently, Brazil and Argentina even spearheaded an effort to prevent Venezuela from taking its turn as the bloc’s rotating leader. However, the way to a man's heart remains through his stomach... Venezuela insists that it is still the group's rotating president, while Argentina is now slated to take the 25-year-old group’s six-month presidency. |
| Posted by:Fred |
| #1 The 100 Bol note (the highest denomination) now worth less than 2 cents. This has forced the use of debit cards for even small transaction overloading the system. It all came to a halt yesterday. Uncertain of current status. |
| Posted by: Shipman 2016-12-03 06:19 |