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LA PAZ air max 97 womens outlet , March 9 (Xinhua) -- Alternative lending institution Bank of the South is ready to begin operation, thanks to the funding from Bolivia, Argentina, Ecuador and Venezuela, a top official said Monday.


Bolivian Economy and Public Finance Minister Luis Arce said countries were "now fulfilling the requirements for the establishment and start of operations of the Bank of the South: resources from Argentina, Venezuela, Ecuador and Bolivia have been guaranteed."


Addressing a group of young political activists air max 97 shoes outlet , the minister said the only step left for the bank to begin lending was for the four heads of state to give the go-ahead.


"The only thing we need is for the presidents to gather and raise the checkered flag to start activities at the Bank of the South," said Arce, adding there was no set date for the opening.


The bank was designed to promote the financial independence of the members of the Union of South American Nations (Unasur), by reducing their dependence on the International Monetary Fund (IMF) and the World Bank, whose loans invariably entail onerous conditions.


As Arce has said in the past, the bank "can serve to get a small or large country out of a tight (financial) spot, without having to submit to the order and conditions of the International Monetary Fund."


While Unasur gathers 12 countries cheap air max 97 outlet , the bank's charter holds that the institution can begin operation with a minimum of four countries, which have to guarantee the resources and secure the approval of their respective congresses.


The bank, headquartered in Venezuela's capital Caracas, with branches in Buenos Aires and La Paz, is expected to start work with an initial capital of 7 billion U.S. dollars.


The idea of a regional lending bank was originally proposed by Venezuela's late revolutionary leader Hugo Chavez.


Unasur also comprises Brazil, Colombia, Chile air max 97 china outlet , Guyana, Paraguay, Peru, Suriname and Uruguay.


BUENOS AIRES, Nov. 11 (Xinhua) -- The Argentinean football team will host their rivals Brazil on November 12 as part of the South American qualifiers for the Russia 2018 World Cup.？


The match will kick off at 9pm in Buenos Aires' Monumental stadium and will be refereed by Paraguayan official Antonio Arias.？


Although enjoying home field advantage, Argentina will be worried by the injuries that have ruled out three of its stars, Lionel Messi wholesale air max 97 outlet , Sergio Aguero and Carlos Tevez.？


However, Argentina will welcome goalscorer Gonzalo Higuain back to the side, who was not picked for the last qualifiers in October, alongside Paris Saint-Germain teammates, Angel di Maria and Ezequiel Lavezzi.？


In order to counter Brazil's creative threats, coach Gerardo Martino has hinted he might modify his tactics and deploy three central midfielders, namely Javier Mascherano air max 97 outlet sale , Lucas Biglia and Ever Banega.


For its part, Brazil will count with the return of Neymar, who was suspended for four international games after getting a red card against Colombia during the Copa America in June.


Brazilian coach Dunga has not confirmed his squad for the match, due to a few injury doubts, which he is clearing up.？


PROBABLE LINE-OUTS


Argentina: Sergio Romero; Facundo Roncaglia, Nicolas Otamendi, Ramiro Funes Mori nike air max 97 outlet , Emmanuel Mas; Lucas Biglia, Javier Mascherano, Ever Banega; Angel di Maria, Gonzalo Higuain, Ezequiel Lavezzi.？


Brasil: Jefferson; Dani Alves, David Luiz, Miranda air max 97 outlet , Filipe Luis; Luiz Gustavo, Fernandinho; Willian, Neymar, Douglas Costa; Hulk.？

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