Green light from the US Treasury; A more sober Argentina; Foreign investment in Chile collapses; Warning from The New York Times
The International Monetary Fund, IMF, said today that negotiations with Argentina regarding credit assistance have received a renewed thrust and anticipated several missions will be travelling to Buenos Aires to support the new situation.
Denmark presides over Europe;
Three strategic points; Chile in the Security Council; Freeze Mercosur; President Fox in regional summit
Brazilian president Fernando Cardoso described his United States counterpart George W. Bush, in an off the record conversation, as ignorant of Latinamerican affairs adding that this has condemned the area to irrelevance.
Protests and a blip of hope;Forget Mercosur; Unconvincing Lula; Menem leads among Peronists; We're not an island; Elections in Bolivia
Mexico willing to help;
US interest rates remain unchanged;
IMF discouraged by Argentina
Huddled in a tiny village in the Canadian Rocky mountains, and with unprecedented security measures, the leaders of the world's seven most industrialized countries (G 7), plus Russia, (G 8) are holding an annual summit aimed at discussing the global economy, African aid and war on terrorism.
Chile formally requested last week the intervention of the World Trade Organization, WTO, regarding discriminatory taxing by Uruguay and Peru, against imported goods.
Former Argentine president Raúl Alfonsín is expected to resign his Senate bench and commit himself fully to grass root politics, according to his closest aides.
Former Argentine president Carlos Menem who ambitions a third mandate leads among Peronist hopefuls according to a poll published this week in the Buenos Aires press.