International Monetary Fund Managing Director Horst Koehler said this Friday in Berlin that the IMF is committed to reach an agreement with Argentina.
European Union and Mercosur delegates ended in Brasilia their eighth round of negotiations for the creation of an association agreement with not much hopes of convergence in the controversial issue of agriculture.
Latin American leaders gathered in a summit yesterday Friday 15th, discussing ways to ease poverty, fight drug trafficking and heal internal strife.
The World Bank confirmed this Thursday that it received a partial payment of 79,2 million US dollars from Argentina against a scheduled payment of 805 million US dollars that was due last October 15. However the World Bank said that it welcomes statements by government officials that Argentina remains committed to rectifying the situation as soon as possible.
Headlines: Defence Minister Summit; New methanol plant in Punta Arenas; Praise for Mexico and Chile; Lower tariffs; Hyper-corruption in Bolivia; Migration to Spain.
Brazil will not accept an International Monetary Fund, IMF, proposal to increase the budget primary surplus, which has been agreed by the current government to stand at 3,75% of GDP in 2003
Headlines: Crucial negotiation; Uruguayan beef and Nafta; Dramatic figures; Europe holds basic rates at 3,25%
Headlines: British trade delegation;US envoys to meet Lula advisors; Duhalde: presidential election likely to be postponed; Chilean inflation; Slower growth; Extended corruption ring in Chile;
Ten thousand servicemen including two submarines are scheduled to participate the coming week in the Chilean joint services exercise Huracán that will extend until November 18th.
Headlines: Lula to visit Argentina; Let's not mix passion with approval; Closer to Mercosur citizenship; Brazil's GDP shrinking; ENAP attracts 290 million US dollars; Santiago and Austin, 2004 Culture capitals