Newly appointed Brazilian Foreign Affairs Minister Celso Lafer begins this Monday in Buenos Aires a crucial visit to Mercosur members, particularly to co-ordinate efforts for the coming April presidential summit in Quebec, Canada, the first of the Bush administration.
Mexico and Argentina under the new Republican White House spotlight, were analyzed by Wall Street experts in a recent New York Columbia University Forum.
Brazil's most important bank which has been operating in Uruguay since 1945 announced it will be leaving the country because of the low profitability of its Montevideo agency.
In spite of different scenarios and higher oil prices and interest rates, Mercosur overall consolidated inflation control during 2000, ensuring the long term decreasing tendency of retail prices.
While the leading world businessmen, bankers and some political figures met in Davos Switzerland for the annual economic forum to praise globalization and capitalism, in Porto Alegre, Brazil, thousands gathered rather chaotically to blast the rich leading nations, the wealthy in rich countries and the current economic structure that allows such a system to subsist.