Brazil has embarked on policies that can make it a major international economic nation, according to a comprehensive review of South America's biggest country and Mercosur's dominant partner, published by the London Times Newspaper.
In a quick visit to Argentina and Uruguay Mike Moore, chairman of the World Trade Organisation urged a new trade round for the coming year and anticipated that agriculture will be in the negotiation table.
In a historical ceremony that marked the end of the 71 year rule of the Institutional Revolutionary Party, PRI, Vicente Fox took the oath of office Friday December lst. as the new president of Mexico, a country that has become the United States main trading partner, ahead of China, Japan and Canada.
Peru's Congress named today a moderate opposition leader and constitutional expert as interim president after it declared Alberto Fujimori morally unfit to be president and removed him from office in disgrace and amid serious allegations of corruption.