Brazil targets another record crop;Chilean pork with dioxin;
Euro-zone lowers growth estimate.
Federal Reserve chairman Alan Greenspan in his twice yearly speech to Congress said the central bank was cutting its 2003 growth estimate for the United States economy by 0,75 percentage point, to between 2,5% and 2,75%.
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.
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.
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.
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.
Brazil is the world's main beef exporter; Sanitary rifle in Paraguay; Argentina seeks boost for economy.
The president of Chile has called for the International Monetary Fund to change the conditions it imposes on countries seeking financial support.
Argentine president Nestor Kirchner linked multilateral organizations such as the International Monetary Fund, IMF, with Argentina's decadence, but also pointed out that the country is now in the reconstruction path and the recovery of international trust.
Argentina was officially declared free of foot and mouth disease with vaccination by the Paris based International Epizooties Organization, OIE. However the decision actually applies to the north of parallel 42, since Patagonia has and continues to be free of FAM without vaccination.