Brazil announced it will seek a new agreement with the IMF to replace the current one that expires in December, and revealed that First Managing Director Anne Krueger will be arriving this Wednesday to begin negotiations.
United States is speeding the pace of the Free Trade Association of the Americas, FTAA and anticipated that the mini-summit of this coming weekend in Washington will help define the final accord, expected to become effective January 2005. Just in case it promised bilateral trade agreements to all those countries of the region who contribute to liberalize trade.
Argentine police were holding Tuesday night at least seven suspects they captured in a raid after 22-year-old kidnap victim Pablo Belluscio was returned to his family.
Argentina will pressure Mercosur partner Uruguay to drop its intransigent opposition to the idea of offering Cuba membership in the regional trade block, according to Argentine ambassador in Havana Raul Taleb.