Mercosur

• Friday, August 11th 2006 - 21:00 UTC

  UK foils aircraft bomb plot

  Plotters allegedly planned to blow up 10 US-bound airliners over the Atlantic. Twenty-four UK-citizens arrested, but ringleader said to be still at large.

• Friday, August 11th 2006 - 21:00 UTC

  Coping with new air travel restrictions

  Four-hour lines. No water bottles. Screaming children. Missed flights. US experts offer strategies for coping with the effects of the latest airline terror plot.

• Thursday, August 10th 2006 - 21:00 UTC

  Brazilian bank Itau moves into Chile and Uruguay

  The leading Brazilian bank Itaú announced Wednesday it had reached a deal with Bank of America for the purchase of all assets belonging to BankBoston in Chile and Uruguay.

• Thursday, August 10th 2006 - 21:00 UTC

  Chilean safeguards on Argentine dairy imports

  Chile expects to impose safeguards to dairy produce imports from Argentina beginning September.

• Thursday, August 10th 2006 - 21:00 UTC

  Iraq war becoming political liability in US

  The White House said Wednesday that United States will not raise the “white flag” in Iraq and “will not fall short of promises” insisting any withdrawal will only take place once “freedom and democracy” are strongly established.

• Thursday, August 10th 2006 - 21:00 UTC

  Chilean Congress approves free trade agreement with China

  The Chilean Senate unanimously passed on Wednesday a free trade agreement with China, the first of its kind to be signed by a Latinamerican country. Last July 19 the Lower House supported the agreement with 94 votes and three abstentions.

• Thursday, August 10th 2006 - 21:00 UTC

  Mayor UK air terror plot thwarted

  A major terrorist plot to allegedly blow up aircraft in mid-flight has been thwarted.

• Wednesday, August 9th 2006 - 21:00 UTC

  US interest rates unchanged, but inflation fears persist

  Following two years of steady increases and in spite of expressing concerns about increasing prices and wages, the United States Federal Reserve decided Tuesday to leave interest rates unchanged at 5.25%.

• Wednesday, August 9th 2006 - 21:00 UTC

  Kirchner reacts to US trade decision on GPS

  Argentine president Nestor Kirchner criticised Tuesday the possible end of preferential trade benefits announced earlier this week by the United States government.

• Wednesday, August 9th 2006 - 21:00 UTC

  Morales open to re-establishing political ties with Chile

  Bolivian President Evo Morales indicated this week he is prepared to re-establish foreign relations with Chile, notwithstanding the yet unresolved dispute over Bolivia's access to the Pacific Ocean.