Mercosur officially expressed concern over the lack of progress in the agriculture trade talks with United States and the European Union given the coming World Trade Organization ministerial meeting scheduled for September 10/14 in Mexico.
Lawyer and journalist Nicanor Duarte was sworn in this Friday as the new president of Paraguay, a country in the brink of bankruptcy undergoing a five years recession which has eroded living standards to half and plunged a fifth of the population to extreme poverty.
The first general strike in Chile since the restoration of democracy was deemed a success Wednesday by labor unions, although the government labeled it a failure.
The Coalition of Legal Toothfish Operators (COLTO) has asked the Uruguayan Government to assist Australian authorities in apprehending the Viarsa, after the vessel was spotted inside the Australian fishing zone earlier this week, allegedly poaching patagonian toothfish.
With marchers demanding justice outside, Argentina's Chamber of Deputies voted late Tuesday night to annul two laws providing immunity from prosecution on atrocities charges for former officials of the 1970s dictatorship.
As was anticipated by Wall Street analysts the Federal Reserve Open Market Committee decided today to keep its target for the federal funds rate at 1 percent.
Chilean Minister of Interior Jose Miguel Insulza warned this Monday that government employees who join this Wednesday's national strike sponsored by the country's Central Union of Workers, CUT, will be sanctioned.
Chilean president Ricardo Lagos said this Monday that opposition leaders were well aware that former dictator Generl Augusto Pinochet was determined to ignore the results of the 1988 referendum with a new self imposed coup.
The Inter-American Development Bank, IDB, announced this week the launching of a special financial program that includes loans and technical assistance to help adjust the Latinamerican and Caribbean economies to the challenges of integration and commercial opening.
Latinamerica's economy is expected to experience a modest 1,5% recovery during the current year, after suffering a negative growth of 0,6% in 2002 according to the latest release from the United Nations Economic Committee for Latinamerica, CEPAL.