Cost of living in Brazil was negative for the first time in four and a half years.
According to the Brazilian Geography and Statistics Institute, IBGE, consumer prices in Brazil last June dropped 0,15% after having increased 0,61% in May.
One of Germany's leading banks, Dresdner expects a doubling of capital inflow to Latinamerica in 2003, which should significantly help the foreign accounts of the region's countries.
United States trade deficit last May was the third highest ever, reaching 41,84 billion US dollars, pushed by weak exports and record imports of oil.
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Brazil is the world's main beef exporter; Sanitary rifle in Paraguay; Argentina seeks boost for economy.
The president of Chile has called for the International Monetary Fund to change the conditions it imposes on countries seeking financial support.
Argentine president Nestor Kirchner linked multilateral organizations such as the International Monetary Fund, IMF, with Argentina's decadence, but also pointed out that the country is now in the reconstruction path and the recovery of international trust.
Argentina was officially declared free of foot and mouth disease with vaccination by the Paris based International Epizooties Organization, OIE. However the decision actually applies to the north of parallel 42, since Patagonia has and continues to be free of FAM without vaccination.
As the oldest passenger car still in production, the old Beetle enjoyed one last moment of newness again, as Volkswagen unveiled the Last Edition of the bug, a cult classic the company plans to stop producing in a few weeks.
President Nestor Kirchner is considering passing a decree allowing former military leaders accused of human rights abuses during Argentina's military dictatorship to be extradited for trial, news reports said Wednesday.
Chile managed a trade surplus of 1.798,6 billion during the first half of 2003, with exports totalling 10.359 billion and imports 8,561 billion US dollars.