Mercosur

Wednesday, November 26th 2008 - 20:00 UTC
Mercosur ponders raising tariffs for certain industries

Mercosur member Argentina is again expected to propose an increase in the common external tariff (AEC) for textiles, leather goods, wood and furniture plus other manufactured produce with the purpose of protecting domestic production.
Monday, November 24th 2008 - 20:00 UTC
US gov. guarantees Citigroup mortgages and injects cash

The US government will guarantee $306bn of Citigroup's problem mortgages and other assets, and will also give the banking giant a $20bn cash injection after a collapse in its share price.
Monday, November 24th 2008 - 20:00 UTC
North Falkland basin prospects of 4.3 billion barrels

NORTH Falkland Basin oil and gas exploration company Rockhopper Exploration have announced prospects of over four billion barrels of oil and gas.
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.