Reaching a cooperation and free trade association agreement between Mercosur and the European Union by next October, as committed by both sides, seems ever distant, according to Argentine diplomatic sources.
Argentina currently has the worst wealth distribution of the last thirty years with a growing gap between the richest and poorest brackets according to a report published last weekend by Buenos Aires daily Clarin.
A majority of Venezuelans, 54% would vote to oust President Hugo Chavéz in the August 15 recall referendum, according to the latest opinion polls published over the weekend.
The almost certain United States Democrat presidential candidate John Kerry promised closer collaboration with Latinamerica, promotion of democracy and criticized the current President Bush administration for insisting with free trade in hemispheric relations.
Petrobras, the Brazilian state owned oil company purchased for 450 million US dollars all assets of Agip in Brazil, a company belonging to the Italian corporation ENI.
Headlines:
 ENAP Refineries absorbs fuel storage; Chilean travel agents face new priorities; Big party in Valparaiso for USS Reagan seamen.
President Nestor Kirchner said at the start of his official visit to China that Argentina and the Southern Cone Common Market (Mercosur) were willing to promote economic and trade cooperation for mutual benefit.
US Agriculture Department will be making further tests following the first possible case of mad cow disease apparently detected in a single animal in Iowa.
Initial testing on the animal produced inconclusive results and US DA' chief veterinarian John Clifford said that this is not at all unexpected. Screening tests are designed to be extremely sensitive.
The Chilean crewmember isolated in a cabin bed of the fishing vessel Globalpesca 1 with severe lumbar pains that prevent him from working will be evacuated by a Russian fishing vessel heading for Punta Arenas, according to the latest reports from the local press.
Argentine President Nestor Kirchner and a delegation of 270 businessmen, ministers and provincial governors left on Thursday for China where next Monday they will begin an official state visit with the purpose of increasing trade and political contacts with the Asian giant.