Mercosur

• Wednesday, November 17th 2004 - 20:00 UTC

  Latinamerican growth prospects soar

  Latinamerica and the Caribbean will be expanding 4,7% in 2004, a full percentage point more that last April's forecast according to the World Bank.

• Wednesday, November 17th 2004 - 20:00 UTC

  Most legal residents in Spain from Latinamerica

  The number of legal immigrants in Spain at the end of last September reached over 1,8 million, that is 12,1% above last January and with Latin-Americans as the most numerous community according to a report from the Immigration Standing Observatory released Tuesday in Madrid.

• Wednesday, November 17th 2004 - 20:00 UTC

  US promises draconian budget to reduce deficit

  United States is determined to reduce its budget deficit said Treasury Secretary John Snow who admitted that the current misbalance is “too significant”.

• Wednesday, November 17th 2004 - 20:00 UTC

  China will finance Argentine infrastructure

  China announced Tuesday in Buenos Aires that it intends to invest 19,7 billion US dollars in Argentina over the next decade with the money going mainly into infrastructure projects and home building.

• Tuesday, November 16th 2004 - 20:00 UTC

  South America's defence expenditure lowest in the world.

  Latinamerica is the world's region that less spends on defence as percentage of GDP, according to a report on the Military Balance of South America to be released this week in Buenos Aires and Quito, Ecuador.

• Tuesday, November 16th 2004 - 20:00 UTC

  Lan Chile advances check in time.

  Because of the strict security measures for this week's Asia Pacific Economic Cooperation summit to be held in Santiago, Lan Chile warns passengers that check in time both for domestic and international flights has been advanced to avoid potential difficulties or delays reaching the airport.

• Tuesday, November 16th 2004 - 20:00 UTC

  Santiago, the world's hub for two days.

  After a full year of preparations during which Chile hosted over 5,000 delegates from 21 different countries and six meetings at ministerial level, the culminating stage of the Asia-Pacific Economic Cooperation forum began this week.

• Tuesday, November 16th 2004 - 20:00 UTC

  Israeli president postpones visit to Argentina

  Israeli President Moshe Katzav has postponed a planned trip to Argentina in late November reported a spokesman for the president's office.

• Tuesday, November 16th 2004 - 20:00 UTC

  Shocking poverty among young Argentines

  Six of every ten Argentine young adults live in poverty, nearly double the percentage in 1999, reported this week Buenos Aires daily “La Nacion”.

• Tuesday, November 16th 2004 - 20:00 UTC

  Mexican author wins Spanish Language top prize

  Mexican writer Carlos Fuentes won the Royal Spanish Language Academy prize for literature for his autobiographical work “En esto creo” (to be launched in English next February as “This I Believe”).