Mercosur

• Wednesday, June 22nd 2005 - 21:00 UTC

  Foreign confidence in Brazilian economy

  Brazilian holdings overseas increased 14,6% in 2004 totalling 94,7 billion US dollars according to the latest report from the Brazilian Central Bank which attributes the expansion to the greater internationalization of the country's economy.

• Wednesday, June 22nd 2005 - 21:00 UTC

  Football 2014 World Cup will be played in Brazil

  The president of the Chilean Football Association Reinaldo Sánchez almost but confirmed Brazil as the country that will be hosting in South American the 2014 World Football Cup, discarding a joint Argentina/Chile organization.

• Wednesday, June 22nd 2005 - 21:00 UTC

  Nicaragua, the next “hot spot” for OAS

  The Organization of American States, OAS, Secretary General, Jose Miguel Insulza warned this week that a “serious political crisis” is brewing in Nicaragua, Central America, and called on member countries to continue working in helping solve the challenging situation.

• Wednesday, June 22nd 2005 - 21:00 UTC

  Longliner catches fire in Montevideo; 11 feared dead

  Eleven of 39 crewmembers of Ukrainian longliner “Simeiz” moored in Montevideo which caught fire early Wednesday remain missing. The vessel had to be tugged out to the bay because she was carrying six tons of ammonia and had recently refuelled.

• Tuesday, June 21st 2005 - 21:00 UTC

  Oil prices moving to the 60/65 US dollars pb range

  Oil prices rose to almost 60 US dollars per barrel on Monday following growing security concerns in Nigeria, a strike threat in Norway and deepening worries about insufficient refining capacity.

• Tuesday, June 21st 2005 - 21:00 UTC

  Argentine Fisheries concerned with provincial “licencing”

  The increasing number of fishing licences extended by the Argentine provinces is becoming a growing challenge for federal authorities because of the pressure on marine resources, the last example of which are the dismal catches of shrimp.

• Tuesday, June 21st 2005 - 21:00 UTC

  Lan Chile expands number of flights to Brazil

  Lan Chile was awarded through a bidding process 27 new weekly frequencies between Chile and Brazil, according to industry sources in Santiago. Another Chilean airline, Sky, was also granted seven weekly frequencies.

• Tuesday, June 21st 2005 - 21:00 UTC

  Mercosur cities among the cheapest in the world

  Tokyo and Osaka in Japan are the most expensive cities in the world followed by London which remained top of the list in Europe because of its steep housing and transport costs, and Mercosur capitals are amongst the cheapest according to the latest report from Mercer Human Resource Consulting.

• Monday, June 20th 2005 - 21:00 UTC

  Crucial debate on whaling in South Korea

  Pro-whaling nations seem set to command a majority of votes at the meeting of the International Whaling Commission which opens in South Korea on Monday.

• Monday, June 20th 2005 - 21:00 UTC

  Argentina arrests Uruguayan trawler

  A Uruguayan flagged trawler was caught allegedly poaching in Argentine waters according to an official report from the Argentine Navy.