Mercosur

Mercosur
Wednesday, July 31st 2002 - 21:00 UTC

Breaking News

Headlines:
Uruguayan banks closed; O'Neill apologizes to Brazil; Agriculture out again?; Brazil appeals to IMF

Wednesday, July 31st 2002 - 21:00 UTC

US Treasury bails out Uruguay

Strong financial support for the beleaguered Uruguayan banking system was announced Wednesday morning by the Uruguayan Economy Minister Alejandro Atchugarry following successful talks in Washington with the International Monetary Fund and the US Treasury that committed 1,5 billion US dollars in immediate assistance. The 1,5 billion US dollars check includes a 700 million US dollars advance from an IMF rescue package already agreed, and another 800 million US dollars from the United States Treasury

Tuesday, July 30th 2002 - 21:00 UTC

Galtieri allowed to return to house arrest

Former Argentine dictator Leopoldo Galtieri will be released from jail and held under house arrest while a judge investigates if he played any role in the torture and execution of 22 guerrillas in 1980.

Tuesday, July 30th 2002 - 21:00 UTC

Trade deal with U.S. will ruin agriculture sector

Two Chilean lawmakers whose constituents are mostly comprised of rural farmers have warned that a free trade deal with the United States would ruin the country's agriculture sector and endanger more than a million jobs.

Monday, July 29th 2002 - 21:00 UTC

South American Leaders Summit Ends

South American leaders ended a two-day summit Saturday with an agreement to strengthen regional cooperation to better negotiate with the United States a free-trade zone for the hemisphere.

Saturday, July 27th 2002 - 21:00 UTC

Latest poll shakes up Brazil's presidential race

The Brazilian electoral scene changed dramatically Friday as a latecomer to the presidential race knocked leftist Luiz Inacio Lula da Silva out of first place in the most recent poll.

Saturday, July 27th 2002 - 21:00 UTC

S. American Leader Faults Nations

Ecuador's president opened the second regional summit of South American leaders Friday, blasting the United States and other industrial nations for preaching free trade while practicing protectionism.

Friday, July 26th 2002 - 21:00 UTC

De la Rua to be questioned for “homicide”

An Argentine judge has subpoenaed former President Fernando de la Rua for questioning about his responsibility in the killing of five people during violent protests that produced his resignation late last year.

Wednesday, July 24th 2002 - 21:00 UTC

Breaking News

Headlines:
Menem counter attacks; Ciro Gomes keeps growing; Ten million jobs; European ban for Chilean poultry

Wednesday, July 24th 2002 - 21:00 UTC

Uruguay in Intensive Care

With ample political support from the ruling coalition and even recognition from legislative opposition, Uruguay named this week a new Economy Minister, Senator Alejandro Atchugarry.

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