Mercosur

Thursday, December 14th 2006 - 20:00 UTC
IMF warns Latinamerica is lagging investment

The International Monetary Fund, IMF said that higher levels of investment in Latinamerica can only be reached if several obstacles are tackled: a significant cut in current debt level; lower government expenditure; expansion of the taxable base and greater credibility for monetary institutions.
Thursday, December 14th 2006 - 20:00 UTC
Uruguay committed to Mercosur, but disputes persist

Uruguay's Foreign Affairs minister Reinaldo Gargano said Uruguayan farmers are interested in remaining in Mercosur in spite of the growing difficulties to solve the asymmetries between big and small country members and bilateral disputes.
Thursday, December 14th 2006 - 20:00 UTC
Ban Ki-Moon sworn is as new UN Secretary General

South Korea's Ban Ki-Moon was sworn in on Thursday, before the 192-member General Assembly, as the next United Nations Secretary-General while outgoing Kofi Annan who held the job for ten years was given a prolonged tribute.
Thursday, December 14th 2006 - 20:00 UTC
Lula da Silva officially inaugurates Mercosur Parliament

Despite constant trade disputes Mercosur this Thursday found respite and motive to celebrate with the official inauguration of the block's Parliament in Brazil.
Wednesday, December 13th 2006 - 20:00 UTC
Pinochet mourners boo Chilean official

Bitter divisions over the memory of Gen. Augusto Pinochet surfaced at his military funeral Tuesday, as mourners booed the defense minister who denied the dictator a state funeral and cheered Pinochet's grandson for justifying the bloody coup that ousted an elected president more than 30 years ago.
Wednesday, December 13th 2006 - 20:00 UTC
Brazil: UN loads set help over 1000.000 poor people

More than 100,000 poor Brazilians are expected to benefit from a United Nations-backed development and income-generating project in the semi-arid north-eastern region of Latin America's largest and most populous country.
Wednesday, December 13th 2006 - 20:00 UTC
Ence relocates pulp mill and pickets “take” Buenos Aires

Tuesday was Argentina's turn to score in the escalating controversy over the building of pulp mills on the Uruguayan side of a river that acts as a natural divide between the neighboring countries and which has triggered ongoing protests from Argentine residents and environmentalists.
Wednesday, December 13th 2006 - 20:00 UTC
Pinochet's grandson disciplined for praising 1973 coup

Chile's president Michelle Bachelet called on the Army to sanction the grandson of former dictator Augusto Pinochet Ugarte who during a surprise funeral speech Tuesday openly praised the 1973 coup which ousted the elected government of president Salvador Allende.
Wednesday, December 13th 2006 - 20:00 UTC
Uruguayan economy steaming ahead at 7%

The Uruguayan economy registered 7% growth in the first nine months of 2006, according to the latest figures from the country's Central Bank.
Wednesday, December 13th 2006 - 20:00 UTC
Vazquez: Uruguay decides Ence's pulp mill relocation

Uruguayan president Tabare Vazquez said Wednesday that the authorization for the establishment of a pulp mill by the Spanish company ENCE along the River Plate estuary will be decided by his administration.