Mercosur

• Monday, November 24th 2008 - 20:00 UTC

  Skeptic outlook about Mercosur in current circumstances

  

  The president of the Standing Committee of Mercosur representatives said he feels frustrated with the workings of the South American trade group and proposes drastic changes since in the current global circumstances integration advances in the region could even turn negative.

• Monday, November 24th 2008 - 20:00 UTC

  Asean and Mercosur explore possible trade expansion

  

  Asean and Mercosur representatives are meeting Monday in Brasilia to explore new venues of promoting trade and investments according to a release from the Brazilian Foreign Affairs ministry. This is the first time the two blocks as such meet.

• Sunday, November 23rd 2008 - 20:00 UTC

  Obama orders economic plan to create 2.5m US jobs

  

  Barack Obama, the US president-elect, has ordered his advisers to produce an economic recovery plan aimed at creating 2.5 million new jobs across the country over the next two years.

• Friday, November 21st 2008 - 20:00 UTC

  Peru, China agree zero tariff on 90% of bilateral trade items

  

  A free trade agreement to be signed by China and Peru in March will go into effect in the second half of 2009, if everything goes as planned, the Chinese Ministry of Commerce announced.

• Thursday, November 20th 2008 - 20:00 UTC

  Marches to protest building of dams in Chilean Patagonia

  

  Several hundred demonstrators gathered outside of Endesa's Santiago headquarters Wednesday evening to protest the Spanish-Italian electricity company's plans to build a huge hydroelectric complex in Chilean Patagonia.

• Tuesday, November 18th 2008 - 20:00 UTC

  Brazil, Argentina want higher Mercosur tariffs for imports

  

  Mercosur senior members, Argentina and Brazil agreed to sponsor an increase in the common external tariff (AEC) on several products from third countries, during a meeting Monday of the Bilateral Trade Monitoring Committee held in Buenos Aires

• Sunday, November 16th 2008 - 20:00 UTC

  Mercosur forum on new international financial architecture

  

  The global financial crunch, rapidly becoming a threatening full fledged international recession will be addressed Monday in Montevideo, Uruguay by Mercosur leaders.

• Thursday, November 13th 2008 - 20:00 UTC

  Mercosur in “solid position” to address global crisis

  

  Mercosur country members are in a more solid position to face the global financial crisis that rich nations, said Brazilian president Lula da Silva who nevertheless called for a stronger trade links among its members.

• Saturday, November 8th 2008 - 20:00 UTC

  US unemployment in Oct. 6.5%; peak since 1994 and climbing

  Unemployment in the United States during October rose to 6.5%, totalling 10 million jobless and the highest rate since March 1994, according to the latest release from the US Labour Department.

• Friday, November 7th 2008 - 20:00 UTC

  UN elects five judges for International Court of Justice

  The General Assembly and the Security Council elected this week five judges to serve nine-year terms on the International Court of Justice (ICJ), the principal judicial organ of the United Nations, starting early next year.