Stories for July 27th 2004

Tuesday, July 27th 2004 - 21:00 UTC

“Political” solution for Mercosur trade dispute.

The Brazilian government is willing to negotiate a “political” solution to the current trade conflicts with Argentina (Brazil's main Mercosur partner), said this Monday Brazilian Under secretary for South American affairs Luis Felipe Macedo Soares.

Tuesday, July 27th 2004 - 21:00 UTC

Vital WTO talks begin with recriminations.

On the eve of decisive negotiations in Geneva in the framework of the World Trade Organization, United States accused French president of Jacques Chirac of setting obstacle to a draft agreement worked out by the European Union in an attempt to harmonize a common position.

Tuesday, July 27th 2004 - 21:00 UTC

Public opinion trust in Kirchner eroding.

Argentine's trust in President Nestor Kirchner's administration dropped 7% this month compared to June and is at its lowest since taking office in May 2003. According to a rating from the Torcuato Di Tella University this month the confidence index was 2,49 points while in June it stood at 2,68.

Tuesday, July 27th 2004 - 21:00 UTC

IMF reviews role in Argentine crisis.

The International Monetary Fund, IMF, considered today a report from the Independent Evaluation Office which elaborates on the alleged multilateral credit organization's degree of responsibility in the recent Argentine financial crisis.

Tuesday, July 27th 2004 - 21:00 UTC

Strong 2004/05 recovery in Latinamerica.

Latinamerica and the Caribbean strong economic recovery will continue rolling for the rest of the year with the region's GDP expanding 4%, well above the 1,5% of last year, according to a report from the United Nations Economic Commission for Europe, UNECE.

Tuesday, July 27th 2004 - 21:00 UTC

Australia, France to jointly police territorial seas.

France and Australia plan to introduce joint policing of their waters in the Southern Ocean.