Mercosur

• Tuesday, May 27th 2008 - 21:00 UTC

  Brazil announces a regional central bank and common currency

  

  After having formally launched last Friday the Union of South American Nations, Unasur, the region in on track to creating a Central Bank and a common currency announced this week Brazilian president Lula da Silva.

• Tuesday, May 27th 2008 - 21:00 UTC

  March 08 recorded sharpest drop in US cars miles traveled

  United States are driving much less forced by fuel prices, continuing a trend which began last November and has been confirmed by the latest March 2008 release from the Federal Highway Administration, FHWA.

• Monday, May 26th 2008 - 21:00 UTC

  Islander Mensun's expedition to retrieve Tower guns

  IT has taken over 400 years but soon the Tower of London is going to get some of its guns back - at least for a while.

• Monday, May 26th 2008 - 21:00 UTC

  Officials allow for salmon transfers in Chaiten volcano area

  The Chilean government is reducing the security area around the Chaiten volcano from 50 to 24 kilometers in order to facilitate the rescue of approximately 600,000 salmon located throughout various farming centres in the area.

• Saturday, May 24th 2008 - 21:00 UTC

  Union of S.A. Nations born amid controversies

  The South American Union of Nations was officially born Friday in Brasilia as leaders of the region's 12 nations signed the constitutional charter, the latest of the region's integration mechanisms. Brazil's president, Lula da Silva, who hosted the summit, invited other Latin American and Caribbean nations to join the venture.

• Saturday, May 24th 2008 - 21:00 UTC

  Chile's Bachelet nominated Unasur's first president

  Chile's Michelle Bachelet was chosen as the first president of the Union of South American Nations which was formally founded on Friday in Brasilia when the leaders of its twelve country members signed the constitutional charter.

• Thursday, May 22nd 2008 - 21:00 UTC

  Leaders meet to launch Union of South American Nations

  A South American leaders' summit is scheduled for Friday in Brazil where the visiting heads of government and host President Lula da Silva will be signing the legal framework of the charter for the Union of South American Nations, Unasur.

• Thursday, May 22nd 2008 - 21:00 UTC

  Paraguay & Uruguay agree on new approach to Mercosur

  Paraguay's President elect Fernando Lugo and Uruguayan President Tabare Vazquez agreed to work jointly in Mercosur affairs to help improve the bargaining power of the junior partners that have repeatedly complained that the block has become a two member club, Argentina-Brazil.

• Tuesday, May 20th 2008 - 21:00 UTC

  UK apologizes to Argentina over Falkland Island incident

  

  A bone believed to belong to an Argentine airman killed in 1982 and discovered in 1986 has been found to have been retained at the Police Station in Stanley, Falkland Islands without the Argentine Authorities being informed.

• Monday, May 19th 2008 - 21:00 UTC

  “Quantum” yield keep Mercosur/EU trade talks stalled

  Mercosur and European Union trade negotiations remain stalled following on Saturday's meeting in Lima according to reports from the Argentine press. Argentine president Cristina Fernandez de Kirchner and the head of the European Commission Jose Manuel Borroso could only agree that it was a discussion with “passion” and if “no country yields, there's no agreement”.