Mercosur

• Wednesday, June 16th 2004 - 21:00 UTC

  Half a million more millionaires.

  Booming stock markets and a stronger world economy has helped increase the number of millionaires by half a million, who now number 7,7 million according to a report from Capegemini and Merrill Lynch.

• Wednesday, June 16th 2004 - 21:00 UTC

  Inflation-scare in the US.

  Consumer prices in the United States surged 0,6% in May, the highest in three years, however the Bush administration and analysts were quick to point out that excluding volatile energy and food the index was really 0,2%.

• Tuesday, June 15th 2004 - 21:00 UTC

  US posts record trade deficit in April.

  In spite of another United States trade record deficit which reached 48,3 billion US dollars in April, Latinamerican and Caribbean countries trade surplus with the US fell in the same month to $5.79 billion, according to the latest release from the U.S. Commerce Department.

• Tuesday, June 15th 2004 - 21:00 UTC

  Breaking News from Pta. Arenas.

  Headlines:
  Magallanes increases lamb sales to EU
  Tierra del Fuego peat survey.

• Tuesday, June 15th 2004 - 21:00 UTC

  EU-Mercosur: October still distant.

  Mercosur and the European Union are facing growing difficulties in the current trade negotiations to reach the October commitment agreed by both sides.

• Monday, June 14th 2004 - 21:00 UTC

  Abattoir project for Comodoro Rivadavia.

  The Italian fashion and textile group Benetton is planning to build an abattoir in Comodoro Rivadavia to promote sheep farming.

• Monday, June 14th 2004 - 21:00 UTC

  G-20 insists with elimination of farm subsidies.

  The Group of 20, or G-20, insisted this weekend in Sao Paulo that rich countries reduce farm subsidies and comply with the World Trade Organization, WTO agriculture market liberalization proposal

• Monday, June 14th 2004 - 21:00 UTC

  “Fortress” Santiago next November.

  If you're thinking of travelling to Santiago next November, particularly the third week, give it a second thought.

• Sunday, June 13th 2004 - 21:00 UTC

  In spite of oil IMF forecasts 4,6% expansion

  International Monetary Fund Managing director Rodrigo Rato admitted in Berlin that the high cost of oil could restrict global economic growth, but other compensatory factors will not force a reduction in expansion forecasts

• Sunday, June 13th 2004 - 21:00 UTC

  Argentine economy picks up speed: 10%.

  The Argentine economy during the first quarter of this year grew 10% compared to the same period in 2003, and is forecasted to reach an annual expansion of 8%, well above the IMF estimate of 5,5% and the government's 6,9%.