China surprised all forecasts and reported a shock tumble in the size of its trade surplus. According to official figures, the March surplus was 6.9 billion US dollars, down from 23.8 billion in February and well below the 20 billion forecast by analysts.
The Argentine government prices policy has collapsed and inflation could become out of control warned on Wednesday Javier Gonzalez Fraga, a former Central Bank president and expert in capital markets.
A report from the International Monetary Fund, IMF, increased 2007 growth forecasts for the region with Argentina clearly leading while Chile and Paraguay expansions were downgraded.

Argentina's National Ombudsman Eduardo Mondino filed Tuesday an appeal with the courts seeking to stop a retroactive hike in gas prices that the President Nestor Kirchner administration authorized in the province of Buenos Aires.

Wall Street declined Wednesday following the release of Federal Reserve minutes from last month's meeting showing policymakers were unanimous in the view that inflation, not economic weakness, was their major worry.

Uruguayan president Tabare Vazquez together with several ministers and a delegation of businessmen arrived Monday in Santiago for a two days visit to Chile with the purpose of exploring new market opportunities and export possibilities for Uruguay.

United States on Monday dramatically sharpened trade tensions with China by launching a wide-ranging World Trade Organization complaint over copyright piracy and claims that Beijing restricts the distribution of foreign music, films and books.
Argentina's March inflation was 0.8% but the basic food basket, which helps to measure indigence, climbed 3.6%, according to the latest release from the controversial Economics Statistics Office, INDEC.
Former United States vice president Al Gore claims there's a lack of political will to solve the global climate crisis, including from United States. In an interview with Colombia's main daily, El Tiempo, he blamed several US corporations on the confusion surrounding the controversy.
Six thousand of China's top industrial polluters will be under closer scrutiny by the country's top environmental watchdog. The list, published on the website of the State Environmental Protection Administration (SEPA), includes well-known companies and factories, reports China Daily.