Hi Folks. In Europe, the NATO Summit in Madrid began with two announcements: Turkey lifts the veto on the candidatures of Sweden and Finland for their entry and US President Joe Biden said that his country will increase its military deployment in Europe. On the other hand, Germany, Austria, the Czech Republic, Hungary, Poland and Slovakia will coordinate in the face of a potential large blackout, in view of the possible cut in Russian gas supply. These countries have signed a joint memorandum of understanding (MoU) in the electricity sector, committing themselves to mutual assistance in case of need. Scottish First Minister Nicola Sturgeon has put herself on a collision course with Downing Street by asking the high court to rule on the legality of holding a new referendum on Scottish independence without permission from the British government. And it is dated: October 19, 2023. The Ecuadorian president, Guillermo Lasso, will continue in the presidency when Correismo’s strategy of removing him from power was defeated: yesterday in Congress the request to remove Lasso was voted and after more than After six hours of debate on the third day of the session on the issue, he only got 80 votes (of the 92 that were needed), so the first thing Lasso did was announce the break in dialogue with the promoters of the national strike. In Argentina, the announcement of more controls to access dollars for imports has not only generated concern among businessmen but has also boosted the blue (free) dollar and increased country risk levels.
- Turkey lifts the veto on the candidatures of Sweden and Finland in Madrid to join NATO. Turkey has lifted on Tuesday in Madrid its veto to the candidacy of Sweden and Finland to enter NATO. After weeks of negotiations, with Ankara maintaining the blockade against the Nordic countries, contacts have intensified in recent hours to settle the situation at the Madrid summit. Turkey’s decision has come after a meeting of the top leaders of the three countries, with the presence of the Secretary General of the Alliance, Jens Stoltenberg, in the Spanish capital. “We have reached an agreement that paves the way for Sweden and Finland to join NATO,” confirmed Stoltenberg in an appearance immediately after the signing of a memorandum between the allied country and the two applicants, who have publicly signed the foreign ministers of the three states. The signed document “addresses Turkey’s concerns, including those related to the export of weapons and the fight against terrorism”, added the secretary general of the Alliance, referring to the two main reluctance of Ankara to give its approval to the accession of Stockholm and Helsinki. “Soon we will be 32 [allied countries]”, he assured.
- Germany, Austria, the Czech Republic, Hungary, Poland and Slovakia will coordinate in the face of a potential major blackout. The successive cuts in Russian gas supply lead Central European governments to the danger of far-reaching blackouts, considering that 40% of the electricity consumed in Germany is produced in gas plants: in anticipation of critical situations in the coming months , Germany, Austria, the Czech Republic, Hungary, Poland and Slovakia have signed a solidarity memorandum of understanding (MoU) in the electricity sector, so that they commit to mutual assistance in case of need. The six countries signed the MoU ahead of yesterday’s energy ministers’ meeting in Luxembourg, in line with the EU’s 2019 risk preparedness regulation. “I have just signed a Memorandum of Understanding with our European and Eastern European colleagues in which we want to help each other with energy security,” explained Robert Habeck, German Vice Chancellor and Minister for the Economy and Climate, back in Berlin.
- Scotland’s First Minister wants to hold a second independence referendum on October 19, 2023.Scottish First Minister Nicola Sturgeon has put herself on a collision course with Downing Street by asking the high court to rule on the legality of hold a new referendum on Scottish independence without the permission of Westminster. In an attempt to force the issue, Scotland’s first minister said barrister Dorothy Bain QC had written to London’s high court at her request, asking it to establish whether the Scottish government had the legal powers to organize an advisory referendum. . Sturgeon said she wants to organize a second independence referendum on Oct. 19, 2023, using the same question voters were asked in 2014: “Should Scotland be an independent country?”
- Correismo’s strategy lacked 12 votes to remove President Lasso. With the final and definitive vote, the plenary session of the National Assembly does not give way to the removal of President Guillermo Lasso: Saved. Lasso remains at the head of the Executive. The National Assembly did not reach the necessary votes to proceed with his dismissal. After more than seven hours of debate on the third day of the session, the president of the National Assembly, Virgilio Saquicela, called for a vote on the motion presented by the correísta legislator, Fernando Cedeño, who proposed the dismissal of the president: 80 affirmative votes , 48 negative and 9 abstentions. With this decision, the dialogue with Conaie (the indigenous confederation that promoted the national strike) has been broken: Lasso yesterday broke the dialogue with Conaie and annulled its main leader, Leonidas Iza, as a valid interlocutor of the organization to achieve rapprochement . The president made this announcement on a national network. He said that the government cannot sit down and talk with those who intend to hijack the peace of Ecuadorians.
- Alert and concern in Argentine companies due to the new trap for imports. Some stop sales or limit deliveries until the scope and implementation of the measures are known: “Yesterday, the Central Bank set new guidelines for the importation of merchandise until 9-30-22,” starts the message that a leading brand of tools sent to its customers by Whatsapp. In it, he notifies that they will begin to invoice based on a dollar of $150 (this is $20 above the official one) and that “perhaps in some products we will be forced to restrict the quantities to be delivered.” The case exposes the concern and uncertainty of manufacturers and suppliers in sectors such as electronics, clothing, footwear, auto parts, motorcycles and bicycles, among many others, due to the strengthening of the import trap. Thus, the announcement of the new stocks made the blue dollar (free) rise to $239 and the country risk reached its maximum in two years.
- Biden’s envoys return to Caracas for their hostages. The second round of contacts between the delegates of Joe Biden and Nicolás Maduro has advanced this Tuesday in Caracas without the expectations of March. “There is still a long way to go, a lot of diplomacy, a lot of dialogue and a lot of understanding”, highlighted the “son of Chávez”, who, on this occasion, has delegated Jorge Rodríguez, president of the Chavista legislative body and head of the revolutionary delegation at the table of the dialogue in Mexico, the reception to the officials of the White House. The presence in the US delegation of the ambassador, James Story, and the special envoy, Roger Carstens, mark in advance the two main points to be discussed on this trip: the freedom of the US prisoners in Maduro’s prisons and the negotiations in Mexico between government and opposition, suspended for eight months but without forgetting, also, that the fundamental axis of the “mini-thaw” is oil in the midst of the world energy crisis.