Mercosur

• Saturday, August 14th 2004 - 21:00 UTC

  US record trade deficit

  United States trade deficit reached an unexpected 55,8 billion US dollars in June, 19% increase over the previous month and well above the 47 billion anticipated by markets.

• Saturday, August 14th 2004 - 21:00 UTC

  New airline to Punta Arenas next October

  Aerolíneas del Sur belonging to Aerolineas Argentinas is scheduled to begin operations in Chile towards the end of next October.

• Saturday, August 14th 2004 - 21:00 UTC

  “British investments will return to Argentina”

  British Ambassador in Argentina Sir Robin Christopher said he was “certain” that British investments will return to Argentina.

• Saturday, August 14th 2004 - 21:00 UTC

  Oil closer and closer to 50US dollars the barrel

  The volatile oil market ended the week with new record prices, ever closer to the 50 US dollars per barrel benchmark.

• Friday, August 13th 2004 - 21:00 UTC

  Observers caution Venezuelan opposition

  The Carter Center which will act as observer of this Sunday's presidential recall referendum in Venezuela urged the opposition to desist from plans to release incomplete electoral results before the voting is over.

• Friday, August 13th 2004 - 21:00 UTC

  EU-Mercosur talks stall; ministerial summit

  European Union and Mercosur agreed this Thursday in Brasilia to suspend negotiations until September after failing to make progress in a bilateral trade agreement.

• Thursday, August 12th 2004 - 21:00 UTC

  Petrobras oil and gas hit in Patagonia.

  Petrobras Energia the Argentine branch of Brazilian oil group Petrobras reported an oil and gas discovery in Argentina's Patagonian province of Santa Cruz.

• Thursday, August 12th 2004 - 21:00 UTC

  Fisheries News

  Headlines:
  Hake research cruise in south Chile; Korean cooperation for Santa Cruz aquaculture industry; Chubut questions hake quota allocation.

• Thursday, August 12th 2004 - 21:00 UTC

  Punta Arenas: Breaking News

  Headlines:
  UV radiation controversy in Chile; ENAP surveys for gas in Tierra del Fuego; Patagonia Chambers of Commerce unite.

• Thursday, August 12th 2004 - 21:00 UTC

  Brazil oil self sufficient by end of 2005

  Brazilian authorities are confident the country will reach oil production self-sufficiency a year ahead of target. Government owned hydrocarbons complex Petrobras hopes to produce 1,85 million barrels of crude per day by the end of 2005, enough to cover domestic demand, year ahead of schedule.