Mercosur

• Wednesday, July 7th 2004 - 21:00 UTC

  Brazil supports Mexico's Mercosur request.

  Brazilian president Luiz Inacio Lula da Silva officially announced this Wednesday his country's full support to Mexico's Mercosur associate member request to be formally considered this Thursday in Argentina during the bi-annual presidential summit of the South American block.

• Wednesday, July 7th 2004 - 21:00 UTC

  Argentina's doubts about enlarging Mercosur.

  Argentina Foreign Affairs Minister Rafael Bielsa talking in Puerto Iguazu, said Mercosur should not discard creating the category of “observer member”, as a previous step to associate or full member.

• Tuesday, July 6th 2004 - 21:00 UTC

  British interest in Paraguayan oil potential.

  British-based CDS Oil & Gas Group officially expressed this week its interest in exploring for petroleum and natural gas fields in northwestern Paraguay, revealed British ambassador in Asunción.

• Tuesday, July 6th 2004 - 21:00 UTC

  Tokyo and London the most expensive cities.

  Tokyo is the most expensive city in the world, and Asunción, Paraguay, the cheapest according to the latest Mercer Human Resource Consulting agency report which assesses cost of living and quality of life conditions in 215 cities of the world.

• Tuesday, July 6th 2004 - 21:00 UTC

  Top ISPS marks for Punta Arenas shipyard.

  Chilean Navy Shipyards, Asmar, in Punta Arenas and Talcahuano were awarded last week the International Ship and Port Facilities Security Code, ISPS, in compliance with the December 2002 International Maritime Organization, IMO, anti terrorist measures

• Tuesday, July 6th 2004 - 21:00 UTC

  “Things are going well” in Brazil.

  Things are going well“ in Brazil and ”will be better” in the near future, President Luiz Inacio Lula da Silva said Monday upon summing up his first 18 months in office.

• Tuesday, July 6th 2004 - 21:00 UTC

  Argentina's six month inflation, 3.3%.

  Consumer prices in Argentina inched 0.6% in June compared to May according to the latest release from the Argentine National Statistics and Census Institute (INDEC).

• Tuesday, July 6th 2004 - 21:00 UTC

  Chilean retail prices increased 0.4% in June.

  Retail prices in Chile last June increased 0.4%, reaching 1.6% in the first six months of 2004 and 1.1% in the last twelve months, according to the latest report from the country's Statistics Institute.

• Monday, July 5th 2004 - 21:00 UTC

  Mexico, associate member of Mercosur.

  The World Trade Organization, WTO, considers that the incorporation of Mexico as an associate state of Mercosur would give the South American block a “new dimension”.

• Monday, July 5th 2004 - 21:00 UTC

  Record Brazilian exports.

  Brazilian exports during the first half of 2004 reached 43,3 billion US dollars, mainly because of improved international commodities prices, greater volumes and conquering new markets, reported the Brazilian Ministry of Development, Industry and Foreign Trade.