Argentine caretaker president Eduardo Duhalde abandoned his so far impartial and distant stand and openly campaigned for Néstor Kirchner, presidential candidate for the coming April 27 election.
After three months in office, leftist President Luiz Inacio Lula da Silva enjoys widespread popularity, according to a opinion poll released Wednesday.
Venezuela is resuming shipments of unleaded gasoline from the Paraguana refinery complex, with a first U.S.-bound ship currently being loaded
Carlos Massad, Chile's Central Bank president resigned this Monday following a string of financial scandals involving the stealing of privileged information from his office by unfaithful dependents.
European Union-Mercosur trade negotiations are on track according to the timetable agreed in Rio do Janeiro last August, and the recent Athens EU ministerial meeting ratified political support to the talks, said Pascal Lamy, EU Trade Commissioner currently visiting Mercosur member countries.
Headlines: Argentina recovering beef markets; IMF cuts growth forecast; Bomb damages courthouse in southern Chile.
With just over three weeks for the coming Argentine presidential election next April 27, governor Néstor Kirchner leads in the polls with 21,2%, and for the first time since the campaign began a candidate managed to cross the psychological 20% threshold according to the latest Ipsos Mora y Araujo poll published last Sunday in La Nación.
Brazilian president Luiz Inacio Lula da Silva sent a letter to the three partners of Mercosur, Argentina, Paraguay and Uruguay, calling them to maintain unity, and convergence in trade negotiations. In exchange Brazil commits itself to eliminate trade barriers inside the block.
According to the Argentine Statistics and Census Office, Indec, last year 14,486 billion US dollars fled the country, a 246% increase over the 4,668 billion of 2001. The situation can be explained by the 12,097 billion US dollars the negative balance of the country's private non financial sector that amassed assets overseas estimated in 10,384 billion.
The Argentine government announced a plan Thursday for the gradual return of dollar-denominated bank deposits effectively frozen since the devaluation of the peso in January 2002.