Uruguay and Argentina are set to resume talks over the pulp mills controversy towards the end of April in Spain and with King Juan Carlos at the table, according to Argentine diplomatic sources, reports the Buenos Aires press.
United States mortgage applications rose last week with both new purchases and re-financings driven up by the lowest long-term home loan rates since early December, according to a report from the Mortgage Bankers Association.
Wall Street shares rebounded Wednesday after a stocks sell-off in Europe prompted by continued concerns about the US economy and mortgage industry. Asian markets were also volatile reflecting similar sensitivity.
Mexico's President Felipe Calderon won a pledge on Wednesday from President George W. Bush to push for a U.S. immigration bill after a meeting that Calderon said may signal a new stage in the two countries' relations.
Immigration, drug trafficking, bio-fuels and insecurity dominated talks in Guatemala between President Bush and his counterpart Oscar Berger. Bush spent Monday in Guatemala before flying to Merida, Mexico the last leg of his five countries trip to the region.
Figures recently released by Chile's National Chamber of Commerce and Tourism (CNC) show tourism investment in 2006 to be the highest in five years. Investment last year reached 2.1 billion US dollars, up 4.7% over 2005.
China will pursue gradual reform in the foreign exchange market this year and will aim to keep the currency basically stable, the People's Bank of China said on Monday. The central bank also said that while it was willing to accelerate financial reforms it needed more time to reduce its trade surplus.
President George W. Bush arrived in the Mexico's Yucatán capital of Mérida late Monday on the last leg of his five-nation Latin American tour. He is set to meet President Felipe Calderón Tuesday to talk trade, migration and security, all highly controversial issues for the neighboring countries.
Brazilian president Lula da Silva strongly defended close relations with United States and agreements on developing bio-fuels, but also underlined that Mercosur remains a top priority for Brazil.
United States President George W Bush has pledged to reform controversial immigration laws during a two-day visit to Mexico but his host President Felipe Calderón strongly criticized US plans to build a border fence of 1.200 kilometers.
Mr Bush made the announcement on Tuesday at the start of talks with Mexico's Calderon, on the final leg of his seven-day tour of Latin America