Mercosur and European Union closer / Massive subsidies to US farmers / Black Thursday in Brazil
The Argentine situation, lower international commodity prices and a reduction in aircraft industry sales will have a considerable impact in Brazil's foreign sales and trade balance.
Globalization has had an accelerated and strong social and cultural impact in Chilean society according to a preliminary report from the United Nations Development Program, PNUD.
Following the suspension of a billion US dollars plan to renew the surface fleet, the Chilean Navy is now preparing to purchase second hand frigates intended to replace its aging vessels, the newest of which is 28 years old.
The Argentine population according to preliminary data from the November 2001 national Census numbers 36,223,947, an 11% increase over the previous 1991 census, of which 51,22% women and 48,77% men.
The controversial International Monetary Fund, IMF, Deputy Director General Ann Krueger presented Argentina a three points recipe which she believes will help overcome the country's current financial crisis and free much needed fresh funds.
Latinamerica is expected to end 2002 with a dismal growth of 0,2%, a depressing global outlook for some of the leading economies of the region, according to the latest report from CEPAL, United Nations Economic Commission for Latinamerica.
Government and opposition have closed ranks in condemning several international banks that are warning investors about a possible victory of Socialist Luis Inacio da Silva, Lula, in the coming Brazilian October presidential election to succeed president Fernando Cardoso.
Argentina ensured Chile that the supply of oil and natural gas will proceed, and be honored, as established in the bilateral agreements. Argentine Foreign Affairs Secretary Carlos Ruckauf visited Santiago to relieve Chilean officials who were shocked when a few weeks ago in the midst of a labor dispute, union leaders blocked the supply of natural gas to Chile.
Rafael María Delpech is Argentina's new Agriculture, Livestock and Fisheries Secretary. Mr. Delpech replaces Mr. Miguel Paulón who resigned in protest over President Duhalde's administration decision to tax up to 30% agriculture and fisheries exports.