During 2004 the Argentine Central Bank managed to increase its international reserves 5,528 billion US dollars totalling 19,646 billion US dollars, equivalent to the mid 2001 level a few weeks before the financial crisis.
This month negotiations for the creation of a Free Trade Association of the Americas, FTAA, encompassing the 34 countries of the hemisphere (with the exception of Cuba) should have successfully finalized but strong objections from United States and Mercosur cut the dialogue short last April.
Argentina's Foreign Secretary Rafael Bielsa will be presiding the United Nations Security Council during January when several critical international situations will be addressed including elections in Palestine (01/9) and Iraq (01/30), plus the taking office of President George Bush for a second mandate (01/20).
In a United Nations-backed project, a two-masted ship will set sail this month from the tip of South America for Antarctica to witness first-hand the impacts of global warming and environmental change on the world's most southerly continent.