Following sixteen months of inflation triggered last January 2002, when the Argentine currency was freely floated mainly against the US dollar, retail prices in Argentina have returned to practically zero or even negative.
A British diplomat, Colin Sharkey, who was ambassador to three Latin American countries and was posted to Argentina in eh critical aftermath of the 1982 Falklands War has died, aged 71.
Headlines:
Hot line Buenos Aires-Brasilia; Trade surplus in Argentina; Controversy over exchange rate; Democrats warn about US deficit; Record crop in Brazil; We're determined to kill and dismember inflation; We're determined to kill and dismember inflation
Headlines:
Chile reacts to horse mackerel depletion; Argentina promotes sea trout farming;
Ten million US dollars will be invested in upgrading and promoting Puerto Natales to the north of Punta Arenas and close to the world famous Torres del Paine National Park in Chilean Patagonia.
Lord Gareth Williams, Prime Minister Tony Blair's special envoy to President Nestor Kirchner assumption ceremony on May 25 said that Argentina and Britain are friendly nations, each recognizing the other's position who have been working and cooperating for several years in all those areas that we could advance. I hope this will continue.
Brazilian president Luiz Inacio Lula da Silva proposed this Sunday in his speech before the leaders of the G 8 (the seven richest countries plus Russia) meeting in Envian, France the creation of a global fund to combat hunger and poverty. Suggestions for the funding are taxing world arms trade and reinvesting part of the interests accruing from loans to developing countries.
United States Secretary of State Colin Powell will be meeting Argentine President Nestor Kirchner in Buenos Aires next June 10, following the top US official participation in a regional summit in Santiago de Chile.
Democratic governance as essential for institutional stability will be the main point of the coming Organization of American States General Assembly agenda that is scheduled to take place in Santiago de Chile. Delegations representing 34 countries of the three Americas are expected including US Secretary of State Colin Powell.