Mercosur

• Saturday, July 16th 2005 - 21:00 UTC

  Argentina-Uruguay dispute over cellulose project

  Uruguay will go ahead with the establishment of two cellulose plants along the river Uruguay which it shares with Argentina in spite of Buenos Aires alleged environmental objections that have reached the World Bank, one of co financers of the billion plus US dollars project.

• Saturday, July 16th 2005 - 21:00 UTC

  Moderate optimism in pre-WTO discussions

  World Trade ministers meeting in China have moved to more flexible positions on reducing agricultural tariffs, thus making possible advances in long-stalled World Trade Organization (WTO) negotiations, according to Deputy U.S. Trade Representative Peter Allgeier.

• Friday, July 15th 2005 - 21:00 UTC

  Leftist successor to Chile's President Lagos takes lead in polls.

  Support for Chilean leftist presidential candidate Michelle Bachelet has surged, according to a respected poll, increasing the likelihood she will become the country's first woman leader in December elections.

• Thursday, July 14th 2005 - 21:00 UTC

  Chile begins development of gas deposits

  Chilean government oil corporation ENAP will be investing 73 million US dollars in Tierra del Fuego's Lake Mercedes natural gas exploration and extraction project.

• Thursday, July 14th 2005 - 21:00 UTC

  Dissident Cubans recall tugboat tragedy

  A group of Cuban dissidents congregated on Havana's seaside boulevard Wednesday to mark the 1994 sinking of a tugboat in Havana Harbour when 37 people were killed as they tried to flee the island.

• Thursday, July 14th 2005 - 21:00 UTC

  Bookie confirms funding for Lula's Party

  The corruption scandals engulfing Brazil's ruling Workers Party, PT, was further stoked Wednesday by a top bookmaker who confirmed he had been offered a government contract in return for funding political campaigns.

• Thursday, July 14th 2005 - 21:00 UTC

  Lagos hails reforms as the “end of the transition”

  Chilean president Ricardo Lagos hailed Thursday as a victory for democracy the approval by Congress of several amendments to the Constitution, inherited from the military regime, and which he described as the “end of the transition”.

• Thursday, July 14th 2005 - 21:00 UTC

  Lan Chile traffic kept expanding in June

  Chilean Lan airline and associates, one of the main South American passenger and cargo carriers, experienced an important increase in passenger/mile and aircraft occupation during last June.

• Thursday, July 14th 2005 - 21:00 UTC

  Australia potential LNG supplier of Chile

  Chile is seriously considering Australia as a natural gas supplier for the country's plan to build the first liquid gas port in South America aimed at cutting its dependence on Argentine gas, said President Ricardo Lagos currently visiting Oceania.

• Wednesday, July 13th 2005 - 21:00 UTC

  Chile's currency boosted by copper and interest rate

  Chile's currency experienced its biggest gain since May after rising demand for copper, Chile's top export and, pushed the nation's exports to a record in the second quarter.