European Finance ministers will support a strong Euro policy, although contrary to an excessive appreciation of the common currency.
Chile, Mexico, United States and ten other countries presented a new proposal with the issues to be discussed in the achievement of a common base for the Free Trade Association of the Americas, to which 34 countries of the three Americas are committed as of January 2005. The meeting of minister is being held this week in Puebla, Mexico.
Brazilian Finance minister Antonio Palocci rejected growing speculations about dissent in the government over current orthodox policies and discarded any possible resurgence of inflation.
Economy Nobel Prize Joseph Stiglitz strongly criticized the President Bush administration budget project for 2005 sent to Congress last Monday describing it as unrealistic, unproductive and dangerous.
In September 2001, Peter Hain came to The Rock and hang the 'Sword of Damocles' over the heads of the People of Gibraltar. By the end of that year the Brussels Process was re-launched and the concept of a 'done-deal' reared its ugly face.
At Argentina's request Ecuador yesterday removed its ambassador Germánico Molina after he last month allegedly helped Guillermo Suárez Mason, a member of the past military dictatorship, to violate the house arrest he was serving for baby snatching.
A Uruguayan-registered longliner caught allegedly fishing illegally in Australia's Antarctic waters last week was escorted into harbour at Fremantle, Western Australia on Sunday 1 February by Customs officials and the Australian Navy.
Uruguayan Fisheries Director Captain Yamandu Flangini questioned the Australian claim to an Exclusive Economic Zone in the remote islands of Heard and McDonald and revealed that currently there are only four Uruguayan flagged vessels licenced to operate in international waters.
Carlos Mesa, Bolivia's president, has imposed severe public spending cuts and new taxes on the country's middle class and private sector, in an effort to avert a repeat of the social explosion that rocked the country last October.
Argentina's ban on granting air space clearance to charter flights to the Falklands was discussed last week in the public meeting.