Mercosur

• Sunday, July 3rd 2005 - 21:00 UTC

  Dominican assumes presidency of OAS Permanent Council

  The Dominican Republic's new ambassador to the Organization of American States, OAS, Roberto Alvarez on Friday assumed the presidency of the Permanent Council promising to develop “an agenda of consensus to deal with the hemisphere's great challenges”

• Sunday, July 3rd 2005 - 21:00 UTC

  Live 8 rocks from Tokyo to Johannesburg

  Bono effortlessly worked the crowd. Half a globe away, Bjork strutted the stage. Bill Gates was cheered like a rock star. And on the continent that inspired Saturday's unprecedented Live 8 extravaganza, Nelson Mandela outshone them all.

• Sunday, July 3rd 2005 - 21:00 UTC

  Argentina: Gov't sees no accord

  Interior Minister Aníbal Fernández yesterday said that “there is no possibility” of an agreement between followers of President Néstor Kirchner and former interim president Eduardo Duhalde to draw a single slate of legislative candidates for the October midterm election.

• Saturday, July 2nd 2005 - 21:00 UTC

  Record export and trade surplus in Brazil

  Brazil achieved a record 4,03 billion US dollars trade surplus in June, bringing its total surplus so far for the year to 19,67 billion, the government announced Friday.

• Saturday, July 2nd 2005 - 21:00 UTC

  Higher interest rates anticipated in Wall Street

  An overwhelming majority of Wall Street economists and analysts believe the United States Federal Reserve will again raise interest rates in the next meeting scheduled for early August.

• Saturday, July 2nd 2005 - 21:00 UTC

  Live 8 stars send “message to world”

  The eyes of the world will be on Live 8 - the biggest event in music history.
  The Hyde Park concert will kick off with a line-up which includes Madonna, Coldplay, Sir Elton John, Joss Stone, Robbie Williams and U2.

• Saturday, July 2nd 2005 - 21:00 UTC

  PC sales in Argentina ballooned 60%

  The number of computers sold in Argentina in the first half of 2005 jumped 60% over the same period a year ago, newspaper Clarin reported Saturday.

• Friday, July 1st 2005 - 21:00 UTC

  Fed sets basic “accommodative” rate at 3,25%

  For the ninth time running, and as expected, the United States Federal Reserve raised the cost of money 25 basic points to 3,25%.

• Friday, July 1st 2005 - 21:00 UTC

  CAFTA: Lower House approval in doubt

  The United Stated Senate after twelve hours of debate approved 54 to 45 the Central America (and Dominican Republic) Free Trade Agreement which now faces a fierce debate in the House of Representatives.

• Friday, July 1st 2005 - 21:00 UTC

  No truce for scandal shocked President Lula da Silva

  Scandal shocked Brazilian President Luiz Inacio Lula da Silva announced Thursday a new plan to curb corruption but as he did more claims of wrongdoings by his Workers Party, PT, and trusted officials were made public.