CARACAS, Monday September 08, 2008 | Update
Economy
Brazil's Foreign Minister Celso Amorim considers that "it
is possible and desirable" that the Brazilian Congress will
approve Venezuela's admission to the Market of the South (Mercosur),
the regional trade agreement among Argentina, Brazil, Paraguay
and Uruguay. Amorim thinks that the entry of Venezuela into
Mercosur would be approved after the upcoming municipal elections
in Brazil.
"I consider that the admission of Venezuela is very difficult
at this moment, because we are on the eve of an election throughout
the country," said Amorim in an interview published on Monday
in Argentinean newspaper Clarín, EFE reported.
"However, I think that the Brazilian Congress will make a
positive decision after the elections in November. It is possible
and desirable," Amorim added.
11:00 AM. Economy. Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77