Although the Argentine economy has began to show some tepid signals of recovery, it's still too early to consider it a consolidated tendency, according to local analysts. However analysts underline that the restructuring of 15 billion US dollars of foreign debt maturing in the next twelve months, has had a strong impact in consumer and local investment attitudes.
Former president Alan García is running just a couple of points behind Alejandro Toledo in the final round this Sunday to elect Perú's next president. Latest polls indicate Mr. Toledo remains flat in 41%, while Mr. García has steadily and unexpectedly grown from 27% to 38% in the last three weeks.
The former Falklands Government senior veterinary surgeon, Andrew Coe, has been awarded a United Kingdom writing prize for his book entitled Falkland Adventure.
Plans to erect a permanent Memorial in the Falkland Islands to Argentines who died in the 1982 War has taken another step forward with the arrival in the Islands of two Argentine architects and their ?minder' from Buenos Aires. However Falklands Councillors have warned the Argentines that there will be no ?short-cut' to obtaining approval for the Memorial at Darwin, some 60 miles from the capital Port Stanley, where 244 Argentines, victims of the 10 weeks War, are buried.
Mercosur is over, it has proved a complete failure, since Brazil constitutionally is too dependent on its governors and can't ensure a common currency or agree macroeconomic policies for the block.
The Special Committee on the Situation with regard to the Implementation of the Declaration on the Granting of Independence to Colonial Countries and Peoples, also known as the Special Committee of 24 on decolonization, has a Caribbean regional seminar to review the political, economic and social conditions in the small island Non-Self-Governing Territories in Havana, Cuba, from 23 to 25 May.
Two of the most powerful Brazilian Senators have opted to resign from Congress after it was proved both had forced staff to reveal information of a secret vote on the previous ousting of another Senator in 2000, responsible for a billion US dollars embezzlement.
The Falklands Financial Secretary Derek Howatt was able to announce to the Legislature on Friday afternoon that despite earlier fears of a deficit, he was after-all able to announce a ?balanced budget' for the financial year 2001/02.