Trade among Mercosur full members Argentina, Brazil, Paraguay, Uruguay and Venezuela in the process of incorporation is forecasted to reach 41 billion US dollars said Brazil's ambassador to Argentina Enio Cordero. This is a significant leap from the 9 billion of 2002 and 4.5 billion in 1991 when the block was established.
Brazil's ruling Workers' Party presidential candidate Dilma Rousseff, has a five percentage-point lead over her main rival Jose Serra, according to the latest opinion poll released Friday.
The Brazilian Executive spokesman Marcelo Baumbach said on Saturday that President Lula da Silva had a long conversation on the phone with Colombian president-elect Juan Manuel Santos and they talked about the diplomatic crisis with Venezuela.
Kuwait and Uruguay signed several agreements to bolster bilateral relations during the visit to Montevideo of a high level delegation from the Middle East country. Kuwaiti authorities announced that the kingdom would soon be opening an embassy in Montevideo.
Egypt will be signing a free trade agreement with Mercosur during the group’s presidential summit scheduled for next August 3 in Argentina, announced Friday the Egyptian trade minister on Friday.
Internet users all over the globe will soon be able to better understand what cities like Santiago and Valparaíso look like. Chile is set to become the first South American country to have buildings in some of its cities rendered in 3-D through Google Earth.
Chile is re-establishing diplomatic relations with Honduras more than a year after a coup sent the Central American country into political crisis, Chile's foreign ministry announced Friday.
China has overtaken Japan to become the world's second-largest economy behind the United States, the country's chief currency regulator and vice-governor of the People's Bank of China (PBOC) said this week.
Brazilian President Lula da Silva and Uruguay’s Jose Mujica on Friday defended South America’s integration as a peace zone and reiterated the two countries commitment to Mercosur and Unasur.
OVER the course of two weekends Falklands Conservation staff and volunteers led by Dr Rebecca Upson, Falklands Conservation’s Plant and Habitats Officer, have carried out restoration work on two sites recently cleared of mines.