Following currency devaluations and recession in Mercosur member countries, Chile has become the most expensive country in US dollars of the region. This means that countries once considered expensive have now become a bargain.
Chilean president Ricardo Lagos is in an uncomfortable situation following the disclosure that the Air Force Commander, General Patricio Ríos, allegedly had knowledge of the resurgence of a Joint Command extremist group, closely linked to the force and involving the wife of another Air Force general, but did not report it.
Marine biologist Mike Bingham claims that in 1982 the Penguin population in the Falkland Islands was six million, however twenty years later and as a direct consequence of the indiscriminate fisheries policy of the Islands government, only 600,000 are left.
PAY a visit to the Falkland Islands and you will invariably be told that Falkland Islanders are a well informed lot when it comes to local knowledge and current affairs.
But can we believe our own publicity?
Penguin News put it to the test this week and asked forty residents, including a few visitors, six questions about the Islands.
The Italian Parliament unanimously approved an all party resolution in support of Argentina promising to promote specific initiatives in the European Union and internationally.
Contrary to what was reported in the Argentine press a few days ago, Lady Thatcher will not be travelling to the Falklands next November when hundreds of British war veterans are expected to visit the Islands.
Argentine is suffering an unprecedented crisis and will end 2002 with a 16% drop in the country's Gross Domestic Product, GDP, according to the IMF report World Economic Prospects released during this year's annual assembly in Washington.
The European Commission will invest 48 million Euros to strengthen Mercosur in the framework of a program targeted to help build the home market, reinvigorate democratic institutions and the participation of the civil society.
The Group of Seven, G7, of industrialized nations said in Washington it was committed to accelerate global economic growth in the coming months, in spite of some lingering risks.
Luiz Inacio Lula da Silva, Brazil's almost certain next president wrote in a column in an Argentine newspaper that Mercosur will be his administration's foreign policy priority if he's elected next October 6th.