Argentina's new president, Nestor Kirchner, greeted a host of Latin American leaders on Monday, outlining his plans to reshape a nation gripped by deep economic woes.
Eduardo Duhalde says he is playing out the last moves of the most important chess game of his life. By the looks of things, Argentina's outgoing president is winning comfortably.
The significant drop in Argentine milk production has forced Buenos Aires dairy plants to import fresh milk from Uruguay at a daily rate of 25,000 liters. According to Argentine sources this is the first time in history that the country has been forced to buy milk overseas to honor export contracts of dairy produce
President-elect Nestor Kirchner is considering changes to the leadership of the country's armed forces, the man who will be his Cabinet chief said Saturday.
Latin American leaders have closed the annual Rio Group summit in Cuzco, Peru, with the signing of a resolution promoting regional democracy and economic stability.
Breaking with history incoming Argentine president Nestor Kirchner will be taking office Sunday May 25 in Congress and not as traditionally in the country's Government House, Casa Rosada, world known for the balconies from where Juan Domingo and Evita Peron addressed the masses assembled in Plaza de Mayo.
Mercosur delegates received an encouraging sign this week when Chris Patten the European Union Foreign Affairs Commissar admitted that discussions for a trade agreement between EU and the South American block could conclude before the end of 2003.
Prospects for the United States economy remain uncertain even after the end of the Iraq war, and the recovery momentum is still in doubt, indicated the US Federal Reserve president Alan Greenspan addressing a Congressional committee this week.
In spite of strong pressure and after two long days of deliberations, the Monetary Policy Committee of the Brazilian Central Bank, Copom, stood firm and kept the basic interest rate, Selic, unchanged at 26,5%.
Argentine elected president Nestor Kirchner, 53, announced this Tuesday in Rio Gallegos, Santa Cruz, a cabinet of moderates that includes trusted political friends from Patagonia, his sister, independent political allies and a few men loyal to outgoing caretaker president Eduardo Duhalde.