Mercosur

• Wednesday, July 16th 2003 - 21:00 UTC

  US economy “sluggish”

  Federal Reserve chairman Alan Greenspan in his twice yearly speech to Congress said the central bank was cutting its 2003 growth estimate for the United States economy by 0,75 percentage point, to between 2,5% and 2,75%.

• Tuesday, July 15th 2003 - 21:00 UTC

  Mercosur meeting in England

  The three Latinamerican presidents participating in the Progressive Governance conference taking place in Bagshot, south England, called for an “extraordinary meeting” of Mercosur members to improve South American integration and advance in physical infrastructure projects.

• Tuesday, July 15th 2003 - 21:00 UTC

  Deflation in Brazil

  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.

• Tuesday, July 15th 2003 - 21:00 UTC

  German bank optimistic forecast.

  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.

• Tuesday, July 15th 2003 - 21:00 UTC

  Third highest US trade deficit record

  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.

• Monday, July 14th 2003 - 21:00 UTC

  Breaking News.

  Headlines:
  Brazil is the world's main beef exporter; Sanitary rifle in Paraguay; Argentina seeks boost for economy.

• Monday, July 14th 2003 - 21:00 UTC

  Chile urges IMF to change financial aid conditions.

  The president of Chile has called for the International Monetary Fund to change the conditions it imposes on countries seeking financial support.

• Monday, July 14th 2003 - 21:00 UTC

  Kirchner links Argentina's decadence to IMF

  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”.

• Friday, July 11th 2003 - 21:00 UTC

  Argentina free of FAM with vaccination

  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.

• Friday, July 11th 2003 - 21:00 UTC

  Volkswagen Shows Last Edition of Beetle

  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.