On June 6, the United States and Chile signed a Free Trade Agreement
(FTA) that when fully implemented eliminates bilateral tariffs,
lowers trade barriers, promotes economic integration and expands
opportunities for the peoples of both countries, the Office of the
U.S. Trade Representative (USTR) announced.
The new Argentine government ordered secret service files to be opened to help the investigation of the bloodiest terrorist attack ever suffered by the country.
Culminating a process begun almost nine years ago, Chile today Friday will become the first South American country to sign a free trade agreement with the United States
Argentine President Nestor Kirchner criticized the Supreme Court and called on Congress to remove one or more of its justices, a move that may help consolidate his political power.
Argentina and Chile's Foreign Affairs ministers said that the free trade agreement Chile will be signing this Friday with the United States will not influence the strengthening of the Mercosur process.
In spite of his praised performance in the Evian G8 summit in France before the leaders of the world's richest countries, Brazilian president Luiz Inacio Lula da Silva is still pressed by the ongoing interest rate controversy that divides his administration.
Federal Reserve president Alan Greenspan praised the extraordinary resilience of the United States economy and forecasted that the growth rate will quicken, although not as rapidly as anticipated by some analysts.
Following sixteen months of inflation triggered last January 2002, when the Argentine currency was freely floated mainly against the US dollar, retail prices in Argentina have returned to practically zero or even negative.
Hot line Buenos Aires-Brasilia; Trade surplus in Argentina; Controversy over exchange rate; Democrats warn about US deficit; Record crop in Brazil; We're determined to kill and dismember inflation; We're determined to kill and dismember inflation
Brazilian president Luiz Inacio Lula da Silva proposed this Sunday in his speech before the leaders of the G 8 (the seven richest countries plus Russia) meeting in Envian, France the creation of a global fund to combat hunger and poverty. Suggestions for the funding are taxing world arms trade and reinvesting part of the interests accruing from loans to developing countries.