Mercosur

• Thursday, April 8th 2004 - 21:00 UTC

  Venezuelan heavy fuel for Argentine cattle.

  Venezuela will receive 25,000 head of cattle from Argentina as part of the trade agreement signed this week in Caracas with the purpose of helping Argentina overcome the energy crisis.

• Thursday, April 8th 2004 - 21:00 UTC

  Lagos: ”It's his (Kirchner's) problem, not ours”

  Chilean president Ricardo Lagos further complained this Wednesday against Argentina for the cuts imposed in the natural gas provision to Chile and stressed that written commitments must be honoured in spite of the supply difficulties confronted by the neighbouring country.

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

  Brazilian record trade surplus

  Brazil managed a 2,6 billion US dollars trade surplus last March, compared to a 1,54 billion US dollars surplus in 2003.

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

  Falling inflation and unemployment in Chile

  Chile last March recorded a retail price index increase of 0,4%, the lowest since 1998 according to a release from the National Statistics Office.

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

  Argentine gas crisis: formal Chilean complaint

  The Chilean government sent a formal letter of complaint to Argentina expressing its grievance over what it considers a breach of the 1995 Gas Integration Protocol, said this Tuesday Chilean Foreign Affairs Minister Soledad Alvear.

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

  Menem says he won't return to Argentina to face charges.

  Claiming political persecution, former Argentine President Carlos Menem said he has no intention of responding to multiple summonses to appear in court in his country, but he denied he would ask for asylum in Chile.

• Tuesday, April 6th 2004 - 21:00 UTC

  World trade set to expand 7,5% in 2004.

  World trade should expand 7,5% in 2004, as long as there are no setbacks to the world economy reported this Monday in Geneva the World Trade Organization, WTO.

• Tuesday, April 6th 2004 - 21:00 UTC

  Argentina raises wholesale natural gas prices 40%

  Following an agreement reached over the weekend with the Argentine government, natural gas producers will be allowed to increase wholesale prices by 40% as long as they guarantee full supply to domestic consumers until 2007.

• Tuesday, April 6th 2004 - 21:00 UTC

  Chilean irritation with Argentina.

  The Chilean government reiterated this Monday its irritation with Argentina following Buenos Aires decision to reduce natural gas exports to Chile. “International agreements are based in good faith”, underlined Chilean Ministry of Interior Jose Miguel Insulza confirming Chile's dissatisfaction with Argentina's attitude.

• Tuesday, April 6th 2004 - 21:00 UTC

  Mexico celebrates 100 years of oil industry.

  Mexican government owned oil corporation Pemex is planning to drill its first deepwater well this year to commemorate the 100th anniversary of the first well drilled in San Luis de Potosi making Mexico one of the world's leading producers.