Mercosur

• Wednesday, December 15th 2004 - 20:00 UTC

  Brazil and Argentina clash over trade

  Brazil is considering restricting Argentine imports if Argentina insists in limiting the access of Brazilian exports, according to reports published Tuesday in Rio do Janeiro's press.

• Wednesday, December 15th 2004 - 20:00 UTC

  Second anniversary of EU-Chile trade agreement

  Chile celebrated Tuesday the second anniversary of the signing of the association agreement with the European Union which has seen bilateral trade expand from 7,3 billion US dollars in 2002, to 8,3 billion in 2003 and a forecast of 10 billion for 2004.

• Wednesday, December 15th 2004 - 20:00 UTC

  ENAP to drill for gas in Tierra del Fuego

  Natural gas exploration in Chilean Tierra del Fuego has been given the green light from the Environmental Office following the approval of the Environment Impact for the ten million US dollar project.

• Wednesday, December 15th 2004 - 20:00 UTC

  Hotels and casinos in Antarctica?

  Antarctic Treaty members must define if tourism is a compatible activity for Antarctica, (including hotels and casinos), and an environmental assessment is an important starting point, said visiting Professor Daniel Bodansky during a conference in Punta Arenas.

• Wednesday, December 15th 2004 - 20:00 UTC

  Repsol-YPF finds natural gas in Venezuela

  Spanish oil company Repsol YPF discovered natural gas at an exploratory well in the Barrancas project, south-western Venezuela, the company said in a statement Tuesday.

• Wednesday, December 15th 2004 - 20:00 UTC

  Sky Airlines about to land in Punta Arenas

  Sky Airlines is ready to land in Punta Arenas Wednesday after having completed all procedures and established a sales counter in the city.

• Wednesday, December 15th 2004 - 20:00 UTC

  Lifesaver for financially strapped Varig

  A Brazilian court ruled Tuesday that the government must pay millions of dollars in compensation to financially strapped Varig airlines for losses the carrier incurred during the administrative 1984-1992 freeze on airfares.

• Wednesday, December 15th 2004 - 20:00 UTC

  Cardoso challenges President Lula's “invincibility”

  Former Brazilian President Fernando Henrique Cardoso said Tuesday that President Luiz Inacio Lula da Silva's strong popularity does not mean he will be “unbeatable” in Brazil's 2006 elections.

• Tuesday, December 14th 2004 - 20:00 UTC

  United States and Argentina in IMF agenda

  Former Spanish Economy Minister Rodrgio de Rato has just completed six months as Managing Director of the International Monetary Fund, one of the main multilateral instruments for world financial stability created in 1944 in Bretton Woods, towards the end of World War II by the victorious allies.

• Tuesday, December 14th 2004 - 20:00 UTC

  Poor 2005 Illex season forecasted in South Atlantic

  The South Atlantic Fisheries Commission met last week in Buenos Aires and recommended a “precautionary approach” to the coming Illex squid stock since the level of spawning mass at the end of the 2004 season was the lowest observed.