Brazil's economy appears to be emerging from the recession and is showing signs of improvement with industrial production on the rise and a healthy trade surplus, according to Brazilian Central Bank Chairman Henrique de Campos.
The AIDS epidemic shows no signs of abating, especially in sub-Saharan Africa, and political action to fight the virus is failing, according to a report released.
Former Chilean dictator General Augusto Pinochet regrets nothing from his 17 years of iron-fisted rule and denies ever having ordered anyone killed. Far from seeking the forgiveness of thousands killed or abused during his regime, Pinochet believes he's entitled to an apology for the assassination attempt on his life in 1986 that killed five of his bodyguards.
Organization of American States, OAS, Secretary General Cesar Gaviria arrived in Venezuela to monitor the collection of signatures sponsored by the government with the purpose of removing 38 members of the Congressional opposition.
This Monday the Ecuadorian cabinet will be resigning in an effort to ease the pressure on beleaguered President Lucio Gutierrez because of the alleged link of some high officials of his administration with narcotics gangsters.
The latest data indicate that the recovery in the European Union will be better than expected according to Anne Krueger, International Monetary Fund, First Deputy Managing Director.
Uruguay received a 200 million US dollars loan from the Interamerican Development Bank, IDB, to help stabilize the banking system, ensure liquidity and the recovery of depositors trust.
A Buenos Aires province Supreme Court report warns of possible ties between Argentine soldiers and criminal gangs implicated in murders and kidnappings, in which police involvement is also suspected.
The proposal of creating a variable-speed (flexible) Free Trade Association of the Americas, FTAA, seems to have gained ground in the current ministerial meeting in Miami in spite of Chile, Mexico and Canada who prefer a more committed and rigid accord.
Headlines:
Sustained industrial expansion; Review of public utilities rates only in 2004; Unemployment and corruption, Argentina's nightmares; Argentine officers join Chilean Army exercises; Economic state of emergency extended to 2005.