Mercosur

• Wednesday, December 21st 2005 - 20:00 UTC

  Chile to post record GDP of 112 billion US dollars

  Chile is forecasted to post a record GDP equivalent to 112 billion US dollars given the current rate of expansion and business growth expectations for November and December.

• Wednesday, December 21st 2005 - 20:00 UTC

  Kirchner promises fiscal and monetary prudence

  Argentine president Nestor Kirchner confirmed that next January 2 Argentina will repay the whole pending debt with the International Monetary Fund, which amounts to 9.810 billion US dollars.

• Wednesday, December 21st 2005 - 20:00 UTC

  Four hemispheric countries in IMF debt write-off

  The International Monetary Fund (IMF) has agreed to write off 3.3 billion US dollars in debts owed by the poorest countries in the world including Nicaragua, Bolivia, Honduras and Guyana.

• Tuesday, December 20th 2005 - 20:00 UTC

  Sixty days “truce” for contested pulp mills construction

  The World Bank's private sector arm released Monday a draft study of the expected social and environmental impacts of two contested pulp mills in neighbouring Uruguay, and said it would not decide on funding the projects for at least two months.

• Tuesday, December 20th 2005 - 20:00 UTC

  “No problem” with Bolivia's elected government gas policy

  Bolivian elected president Evo Morales said Monday that the “gas business” with neighboring Argentina and Brazil will remain unchanged but “will no longer be a business among multinational companies, but rather between governments”.

• Tuesday, December 20th 2005 - 20:00 UTC

  China underlines Yuan's “stability and flexibility”

  China's new exchange rate system is operating in a stable manner and flexibility of the yuan is gradually improving, said Tuesday the Chinese central bank.

• Monday, December 19th 2005 - 20:00 UTC

  Leftist claims Bolivia poll win

  Leader Evo Morales has claimed victory in Bolivia's presidential elections, as exit polls show he has snared 51 percent of the vote.

• Monday, December 19th 2005 - 20:00 UTC

  WTO OMC Ends with Hong Declaration

  The Sixth Ministerial Conference of the World Trade Organization (WTO) concluded Sunday with a Hong Kong Ministerial Declaration.

• Monday, December 19th 2005 - 20:00 UTC

  Lula: Brazil fought for poor countries at WTO conference

  Brazilian President Luiz Inacio Lula da Silva said Monday that his country fought not so much for its own interests as in defense of the world's poorest countries at last week's WTO conference in Hong Kong.

• Monday, December 19th 2005 - 20:00 UTC

  Argentina recalls 40 anniversary of Resolution 2065

  Argentina called on the United Kingdom to comply with the international community's request to resume bilateral sovereignty talks with the purpose of reaching a peaceful, fair and long lasting solution to the Falklands/Malvinas sovereignty controversy.