Inflation in Brazil during February slowed down from 0,76% in January to 0,61%, according to the latest report from the Brazilian Geography and Statistics Institute.
Latin American and Caribbean nations agreed on Thursday to intensify their commitment to birth control and AIDS prevention programs after a two-day U.N. meeting in Chile.
Lawmakers voted to make divorce legal in Chile, one of the last countries where it had been banned, despite strong opposition from the Catholic Church and conservative groups.
Countries participating in the conformation of the United States sponsored Free Trade Association of the Americas, FTAA, decided to postpone for a month the coming March 17 meeting of Deputy Chancellors to be held in Puebla, Mexico, because no minimum agreements were reached.
European Union and Mercosur representatives exchanged criticisms at the beginning of a round of talks in Buenos Aires that should lead to the completion of the Cooperation, Political and Trade agreement between both blocks in the coming months.
Ms. Anne Krueger, Acting Managing Director of the International Monetary Fund (IMF) this Wednesday praised the achievements of the Argentine economy and anticipated that later this month the Executive Board will have completed the second review of the stand by agreement.
With the clock ticking toward a 3.1-billion-dollar debt deadline that Argentina faces with the International Monetary Fund today, the two sides were discussing steps the lender wants Argentina to take to keep a loan deal on track, sources said.
Argentina decided at the eleventh hour to make a $3.1 billion payment Tuesday to the International Monetary Fund, government sources said.
Argentine president Nestor Kirchner took full command of negotiations with the International Monetary Fund, IMF, as D day, March 9, when Argentina is expected to reimburse 3,1 billion US dollars, becomes closer.
Montevideo and Buenos Aires are first and second in South America and 76 and 78 in a quality of life ranking list that that includes 215 world cities and which is annually published by Mercier Human Resources Consulting with main offices in Geneva and New York.