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Stories for July 15th 2003

• Tuesday, July 15th 2003 - 21:00 UTC

  Mercosur meeting in England

  The three Latinamerican presidents participating in the Progressive Governance conference taking place in Bagshot, south England, called for an “extraordinary meeting” of Mercosur members to improve South American integration and advance in physical infrastructure projects.

• Tuesday, July 15th 2003 - 21:00 UTC

  UK rejects Kirchner Falklands' sovereignty plea.

  The British Government has reiterated that there is no question of any change in British policy on Falkland Islands sovereignty. It is British and remains so in accordance with the wishes of the Islanders.

• Tuesday, July 15th 2003 - 21:00 UTC

  Deflation in Brazil

  Cost of living in Brazil was negative for the first time in four and a half years.
  According to the Brazilian Geography and Statistics Institute, IBGE, consumer prices in Brazil last June dropped 0,15% after having increased 0,61% in May.

• Tuesday, July 15th 2003 - 21:00 UTC

  German bank optimistic forecast.

  One of Germany's leading banks, Dresdner expects a doubling of capital inflow to Latinamerica in 2003, which should significantly help the foreign accounts of the region's countries.

• Tuesday, July 15th 2003 - 21:00 UTC

  Third highest US trade deficit record

  United States trade deficit last May was the third highest ever, reaching 41,84 billion US dollars, pushed by weak exports and record imports of oil.