Mercosur

• Friday, March 19th 2004 - 21:00 UTC

  Internet regional summit in Montevideo

  The organization that rules Internet for the Latinamerican region, Lacnic, will be meeting in Montevideo from March 29 to April first to review the functioning of the system with Latinamerica and Caribbean operators.

• Friday, March 19th 2004 - 21:00 UTC

  Breaking News.

  Headlines:
  HMS Glasgow visits Punta Arenas; Next June Aerolineas begins operations in Chile.; Cape Horn cruise from Ushuaia.

• Friday, March 19th 2004 - 21:00 UTC

  Argentine squid industry demands “sustainability” actions

  Low catches obtained during last season together with dismal results during the last exploratory survey undertaken north of parallel 44° South have prompted the Argentine Chamber of Squid Jigger Vessel Owners (CAPA) to declare a state of alert in the sector.

• Thursday, March 18th 2004 - 21:00 UTC

  De la Rua confirms testimony that journalists, judges were bribed.

  Former Argentine President Fernando De la Rua confirmed his testimony to a federal judge Wednesday that journalists and judges had received bribes during the government of Carlos Menem, judicial officials said.

• Wednesday, March 17th 2004 - 21:00 UTC

  Spanish company begins legal actions against Chile

  After ten years of differences with the Chilean government over allotment of Southern hake quotas a Spanish fishery group has requested arbitration hearings from an international body to begin legal actions against the Chilean State.

• Wednesday, March 17th 2004 - 21:00 UTC

  Aerolíneas interested in Pluna

  Aerolínas Argentinas and Varig airlines signed last week a letter of intent allowing the former Argentine airline, now under Spanish control, to audit Pluna's books the first step for the possible acquisition of the 49% share of the Uruguayan flag carrier which belongs to the Brazilian airline.

• Wednesday, March 17th 2004 - 21:00 UTC

  Ms. Krueger criticizes Argentina's strong rhetoric

  International Monetary Fund interim Managing Director Anne Krueger said that Argentina in the future will need a primary surplus above the 3% agreed for this year, with the purpose of increasing payments to the country's creditors.

• Wednesday, March 17th 2004 - 21:00 UTC

  Federal Reserve keeps rate unchanged at 1%

  With employment hiring lagging, inflation quiet low and resource use slack, the Federal Open Market Committee decided this Tuesday to keep its target for the federal funds rate at 1%, the lowest since 1958. In its official release the FOMC states:

• Wednesday, March 17th 2004 - 21:00 UTC

  Breaking News.

  Headlines:
  Strong recovery of Argentine industry; Argentina implements another IMF condition; IMF forecasts stronger world economy

• Wednesday, March 17th 2004 - 21:00 UTC

  Brazil and Argentina sign Copacabana Declaration.

  Mercosur main partners Argentina and Brazil will work actively so that negotiations with multilateral organizations, particularly fiscal demands, don't imperil growth or condition infrastructure investments.