An International Monetary Fund, IMF, delegation is expected next week in Buenos Aires to resume financial aid discussions with the Argentine government in an attempt to stabilize the country's economy going through one of its longest recessions in history.
Punta Arenas air traffic back to normal; Uruguay backs Argentina's claim; Chile on a strong recovery trail:
May inflation in Argentina 4%
Uruguayan president Jorge Batlle offered a tearful public apology for remarks made last Monday when he called Argentines a bunch of thieves, officially putting an end to a diplomatic incident that sent tremors on both sides of the River Plate.
United States government publicly endorsed Argentina's latest efforts to resume talks with the International Monetary Fund, IMF.
Uruguayan president Jorge Batlle will personally apologize to Argentine president Eduardo Duhalde in Buenos Aires for offensive remarks about the Argentine people and current situation that erupted during a heated debate with journalists and which received ample coverage on both sides of the River Plate.
Some headlines: Menem proposes sweeping reforms;Petrobras investments; Brazilian record; Stiglitz blasts IMF; Pressure on the provinces
Uruguayan president Jorge Batlle interrupted a conference in the Uruguayan-British Chamber of Commerce when the speaker began praising the virtues of the Chilean model of open economy with minimum tariffs, recalling that they are one of the more protectionists in the universe when it comes to agriculture.
Peronist governors of Argentina's three leading provinces apparently are in agreement that the next general election should be held on March 2003, six months before the official date line, according to reports in the Buenos Aires press.
Some Headlines: Joint naval exercises in Antarctic waters; Drought in Magallanes;
Bi-oceanic route; Mercosur defers decision on tariffs?more.
Pedro Carmona the Venezuelan businessman who briefly replaced President Hugo Chaves during a failed coup last month was granted political asylum by the Colombian government.