Latest Mercosur Stories

2009-10-30 08:00:00

CHARLOTTE, N.C., Oct. 30 /PRNewswire-FirstCall/ -- Polymer Group, Inc. (OTC Bulletin Board: POLGA/POLGB) (PGI) announced today it has completed a transaction to purchase the 40 percent minority stake in Dominion Nonwovens Sudamericana, S.A. (PGI Argentina) from its partner, Guillermo E. Kraves. Terms of the transaction were not disclosed. (Logo: http://www.newscom.com/cgi-bin/prnh/20080903/CLW036LOGO-b ) Located near Buenos Aires, Argentina, PGI Argentina has been operating as a joint...

2008-09-23 09:01:02

The government of Uruguay, in a move to expand investment in new industries and technologies, has set aside land for an electric vehicle assembly plant expected to begin construction next month by US electric car pioneer ZAP (OTCBB: ZAAP). The State of Montevideo has granted an acre of land to ZAP within an industrial and technology park established for projects of national interest through CAPIT (Comision Administradora del Parque Industrial y Tecnologico del Cerro). According to Fernando...

2008-08-29 12:01:13

Text of report by Brazilian news agency Agencia Brasil website ["Minister Underscores Expansion of Brazilian Economy to New Markets" - Third and last part of an interview with Brazilian Presidential Adviser Marco Aurelio Garcia by Ivanir Jose Bortort and Yara Aquino, date and place not given.] Brasilia: In this third and final part of the interview, Minister Marco Aurelio Garcia, special adviser to the President's Office on international affairs, analyses Brazil's agenda for negotiating...

2006-07-20 18:47:16

By Hilary Burke CORDOBA, Argentina (Reuters) - Venezuelan President Hugo Chavez marked his nation's debut as a member of South America's biggest trade bloc on Thursday at a two-day summit that also drew his friend, Cuban leader Fidel Castro. Venezuela formally became the fifth full member of Mercosur this month, as the bloc grapples with heated disputes among some member countries. Chavez, a self-described leftist revolutionary flush with crude oil revenue and a close Castro ally,...

2005-11-13 17:48:50

By Matthew Robinson CARACAS, Venezuela (Reuters) - The Mercosur trade bloc would offer Venezuela more benefits than the country derives from the Andean Community, where some members are seeking a trade deal with Washington, President Hugo Chavez said on Sunday. Peru, Ecuador, and Colombia -- which with Venezuela and Bolivia make up the Andean Community -- have been in talks with the United States over a trade accord since May 2004. Chavez, a fierce opponent of U.S. President George...

2005-10-16 09:18:14

SALAMANCA, Spain (Reuters) - Venezuela will become a full member of South America's Mercosur trade pact in December, President Hugo Chavez said on Sunday. Chavez has pushed for a long time for Venezuela to be a full member of Mercosur, which groups Argentina, Brazil, Paraguay and Uruguay. Venezuela, the world's no. 5 oil exporter, is already an associate member of the group. "Venezuela will go to the next Mercosur summit in December as a full member," Chavez told a news conference in...

Word of the Day
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'