Venezuela supports the 500,000 barrels per day increase OPEC promised to establish next month in an attempt to stabilize the volatile market.
The United Kingdom is Brazil's main ally in trade negotiations with the European Union, particularly regarding agriculture, said British Ambassador Roger Bone who leaves the country at the end of the month.
Bolivia's July 18 referendum to define the country's energy policy could lead to economic suicide a United States analyst wrote in The Wall Street Journal.
A free-trade treaty between Mexico and Uruguay became effective this Wednesday the eleventh Mexico has signed involving 42 countries.
The government owned oil companies of Mexico, PEMEX, and Venezuela, PDVSA, figure among the top hundred largest companies in the world, according to the latest ranking published by the US magazine Fortune.
Italian businessman Luciano Benetton rejected claims by Argentina human rights activist Adolfo Pérez Esquivel that he has taken land belonging to the Mapuche Indians in Argentine Patagonia.
The International Energy Agency, IEA, estimates oil demand this year will reach 81,41 million barrels per day, which is equivalent to a 3,2% increase over 2003 and for 2005 forecasts a further increase of 2,2% equivalent to a daily consumption of 83,23 million barrels.
The US trade deficit last May dropped 4,5% and now stands at 46 billion US dollars, the first contraction in six months, according to the latest report from the Department of Commerce.
The 147 country members of the World Trade Organization must reach an agreement on agriculture by the end of the month if the Doha Round is to advance in time for the implementation in 2005 of further trade liberalization
Brazilian president Luiz Inacio Lula da Silva said he has worked very hard to put the house in order, but very few have harvested the results of what has been planted in the last 18 months.