Mercosur

Friday, February 20th 2009 - 20:00 UTC
Volcano in south Chile erupts again: 150 people evacuated

Chile has evacuated more than 150 people who had returned to the southern town of Chaiten after it was destroyed by a volcanic eruption last year.
Saturday, February 14th 2009 - 20:00 UTC
US stimulus package approved, but it's not bipartisan

US President Barack Obama welcomed on Saturday Congress's approval of his 787 billion US dollars economic stimulus package. He described it as a “historic step” and “major milestone on our road to recovery”, and is expected to sign the bill into law early next week.
Friday, February 13th 2009 - 20:00 UTC
Bolivian appeal for aid to combat dengue epidemic

The Bolivian government appealed for international economic aid and fumigation equipments to fight the mosquito transmitted dengue epidemics which broke out at the beginning of the year and already has 17.371 reported cases.
Friday, February 13th 2009 - 20:00 UTC
Chile cuts benchmark lending rate 2.5 percentage points

Chile's central bank cut its benchmark lending rate by a steep 2.5 points to 4.25%, citing declining inflation and slow economic growth. The rate cut is larger than the 1 to 1.5 points expected by the market.
Thursday, February 12th 2009 - 20:00 UTC
Paraguayan lawmaker presides over Mercosur Parliament

In the first session of the year the Mercosur Parliament seated in Montevideo, Uruguay, nominated as its pro tempore president the Paraguayan lawmaker Ignacio Mendoza Unzain.
Thursday, February 12th 2009 - 20:00 UTC
Brazil trusts Mercosur for trade problems with Argentina

Brazilian president Lula da Silva admitted this week that trade with Argentina is “facing problems”, but discarded specific measures against Argentine exports adding that any differences between the two countries “will be solved in Mercosur deliberations”.
Wednesday, February 11th 2009 - 20:00 UTC
Falklands tourism record: 4.053 visitors in one day

A new record was set for Falkland Islands tourism last week, with 4,053 visitors arriving on board cruise ships on Friday February 6, confirmed Jake Downing, General Manager of the Falkland Islands Tourist Board (FITB).
Sunday, February 8th 2009 - 20:00 UTC
US Congress panel claims Treasury “over paid” 78 bn to banks

The United States Congressional Oversight Panel says the government overpaid for distressed financial assets and shares last year. It says the US Treasury paid 78 billion US dollars more than it should when buying stakes in banks through the 700 billion US dollars Troubled Assets Relief Program (Tarp).
Sunday, February 8th 2009 - 20:00 UTC
The Economist eyes at Uruguay/Argentina: profiting from virtue

An article from The Economist (Feb. 5th), “Profiting from Virtue” praises Uruguay's prudent and orthodox economic policies, under the “leftish” government of President Tabare Vazquez and states the country is better placed to mitigate world recession than its neighbor Argentina.
Thursday, February 5th 2009 - 20:00 UTC
Brazilian opposition delays Venezuela's Mercosur bid

Members of the Brazilian Congress opposition again delayed on Wednesday the consideration of Venezuela's Mercosur incorporation protocol, in spite of strong appeals from the ruling coalition of President Lula da Silva.