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Economy & Business - May-June 2012 (ISSN 1741-7430)
The Pacific Leap
None other than Uruguay’s President José Mujica has warned that the Southern Cone’s disparate customs union, the Southern Common Market (Mercosur), is floundering under the weight of the protectionist policies currently favoured by its leading members Argentina and Brazil; while the fate of the Venezuela-led Alianza Bolivariana para los Pueblos de Nuestra América (Alba), clearly depends on the outcome of President Hugo Chávez’s battle with cancer. On 6 June the Presidents of Colombia, Mexico, Peru and Chile held the IV Pacific Alliance summit in Antofagasta, Chile, and signed a framework agreement giving official life to the new regional economic bloc.
- The Pacific Leap
- ARGENTINA: Provinces bear the brunt of the YPF takeover
- BRAZIL: ‘Come back my darling’…
- BRAZIL: Protectionism not working yet
- CHILE: Freirina fiasco tarnishes Chilean business reputation
- URUGUAY: Industrial slowdown points to looming danger
- PARAGUAY: Manufacturers look beyond Mercosur
- MEXICO: Puebla case to test Mexico’s commitment to protecting foreign investment
- MEXICO: Mexico emerges from Brazil’s shadow
- BOLIVIA: Morales back to his old tricks
- ECUADOR: Correa to the rescue of over-indebted households
- PERU: Time for reform
- VENEZUELA: The multiplier effect
- CUBA: Repsol quits the Cuban gulf
- EL SALVADOR: Coffee exports down
- GUATEMALA: Remittances up
- HONDURAS: Falling fuel prices bring some relief
- NICARAGUA: IMF gives thumbs up
- PANAMA: Planned Canal toll increase triggers complaints
- Mexico warns of Mercosur’s protectionism
- Record FDI into Latin America in 2011
- Best buddies fuel up
- Chile’s HidroAysén project under threat