Mercosur

• Tuesday, November 23rd 2004 - 20:00 UTC

  Oil prices and US federal budget condition world growth.

  The International Monetary Fund has lowered its world's 2005 growth forecast from 4,3% to above 4%, because of soaring oil prices and the situation with the United States budget deficit.

• Tuesday, November 23rd 2004 - 20:00 UTC

  Mercosur and Chile's Asian seduction.

  Chile denied that it's planning to abandon regional agreements such as Mercosur and privilege relations with Asia-Pacific Economic Cooperation, APEC members.

• Monday, November 22nd 2004 - 20:00 UTC

  Security scuffles and official banquet cancelled

  The Chilean Commander of Carbineros (Militarized police), General Alberto Cienfuegos played down the scuffle between President George W. Bush body guards and some of his men at the APEC Saturday night summit dinner, which be said was caused by the “excessive professional zeal” of US Secret Service agents.

• Monday, November 22nd 2004 - 20:00 UTC

  Warnings to North Korea and Iran.

  Counter terrorism and trade liberalization are in the essence of the APEC Economic Leaders summit final Santiago Declaration which ended this Sunday in Chile.

• Sunday, November 21st 2004 - 20:00 UTC

  Gunshot wounds and hundreds arrested in protests.

  Two policemen and one civilian sustained gunshot wounds before dawn Saturday in protests against U.S President George W. Bush and the Asia-Pacific Economic Cooperation forum (APEC) summit taking place in Santiago de Chile, reported Carabineros.

• Sunday, November 21st 2004 - 20:00 UTC

  Greenspan warns about US current account deficit.

  United Stated Federal Reserve chairman Alan Greenspan warned in Berlin about the unsustainability of the US current account deficit. The recurrent US deficit in international trade currently stands at over 500 billion US dollars per annum which is above 5% of GDP.

• Sunday, November 21st 2004 - 20:00 UTC

  Airlines dispute over reciprocity.

  Sky Airlines will oppose in court the recent decision from the Chilean Civil Aviation Agency authorizing Aerolíneas del Sur (Spanish owned Aerolineas Argentinas) to operate in the Chilean domestic market.

• Sunday, November 21st 2004 - 20:00 UTC

  See you in Salamanca next year.

  The Ibero-American summit hosted by Costa Rica but which will be remembered for the absence of six presidents and a seism, closed this Saturday with a fourteen points communiqué committing the region to address the challenges of bettering education systems, improving trade relations mainly with the European Union and creating a permanent Secretariat.

• Sunday, November 21st 2004 - 20:00 UTC

  Security and trade in President Bush's agenda.

  In his first overseas policy speech since been reelected US president George W. Bush, addressing the CEO APEC summit in Santiago de Chile on Saturday promised to keep strengthening freedom and democracy in the world and asked for a greater commitment in fighting terrorism.

• Sunday, November 21st 2004 - 20:00 UTC

  APEC Santiago Declaration.

  Full text of the 12th APEC Economic Leaders Meeting Santiago Declaration, “One community, our future”, held in Santiago de Chile 20/21 November.