After five days of tough negotiations in Geneva the 147 members of the World Trade Organization (WTO) reached a breakthrough that will cut rich countries farm subsidies in exchange for developing countries opening markets for industrial goods.
The Falkland Islands were allocated this week three million Euros from the European Development Fund, EDF, with the purpose of reinforcing trade development capacity and enhancing the export capacity of this British Overseas Territory.
An energy complementation letter of intent will be signed this week when Bolivian president Carlos Mesa makes an official state visit to Peru.
Insecurity is Argentina's main public opinion concern, followed closely by unemployment according to a TNS-Gallup poll published this Sunday in Buenos Aires.
River Plate gained the runners-up position behind local favourites Ajax, in the 2004 Sony Amsterdam Tournament. Ajax drew 0-0 with English champions Arsenal late on Sunday night, before a sell-out crowd of 50,000, to clinch the trophy, following their impressive 3-2 win over Greek champions Panathinaikos on Friday.
A delegation from the Falkland Islands is preparing for the TravelMart Latin America 2004 edition that will be taking place in Foz do Iguazu, Brazil between September 29 and October first.
The US budget deficit is forecasted to reach this year a record 445 billion US dollars compared to 375 billion in 2003, but considerably less that the 521 billion estimate of last February. (Fiscal 2004 ends next September 30)
Brazil managed a primary budget surplus during the first half of 2004 equivalent to 5,76% of GDP, clearly overshooting the target agreed with the IMF.
At least 283 people have died and hundreds more are injured in a fire at a Sunday crowded shopping mall in Asuncion, Paraguay's capital according to the latest hospital reports.