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Montevideo, March 28th 2024 - 22:43 UTC

Mercosur

  • Wednesday, September 25th 2002 - 21:00 UTC

    Chileans celebrate in Argentina

    According to press reports over 20,000 tourists crossed to Argentina during Chile's two days national independence holiday, Wednesday 18th and Thursday 19th that many Chileans extended until last Sunday.

  • Wednesday, September 25th 2002 - 21:00 UTC

    Financial storm in Brazil

    With just two weeks to the presidential election that according to polls anticipates a possible clear victory in the first round of opposition candidate Luiz Inacio Lula da Silva the Brazilian currency is plummeting, financial markets are sliding and investors rejecting Brazilian bonds.

  • Wednesday, September 25th 2002 - 21:00 UTC

    “Elections can be advanced”

    Following the growing paralysis of his administration and with international credit totally non existent and the country in the verge of defaulting with multilateral organizations such as the IMF, Argentine president Eduardo Duhalde admitted to Brazilian television that “presidential elections scheduled for next March can be advanced for December or January”, but this depends on the Judiciary branch.

  • Wednesday, September 25th 2002 - 21:00 UTC

    Markets for Argentine produce

    Economy Nobel Prize winner Joseph Stiglitz in a long column published in the Financial Times said that Argentina needs the opening of foreign markets if the country is to recover its real economy.

  • Tuesday, September 24th 2002 - 21:00 UTC

    Sheep are coming back in Patagonia

    Following the devaluation of the Argentine currency and the strong world market for wool and lamb, Patagonia sheep farmers are again enthusiastic and timidly beginning to invest.

  • Tuesday, September 24th 2002 - 21:00 UTC

    Claims of hake licensing “irregularities” in Argentina

    A report from the University of Buenos Aires, UBA, on 25 years of fisheries licensing with the identification of serious “irregularities”, and which apparently has disappeared, has been requested by a Justicialista Senator from the province of Chubut.

  • Tuesday, September 24th 2002 - 21:00 UTC

    Duhalde rejects advancing election

    President Eduardo Duhalde administration rejected once again demands to advance the Argentine general election for next December, instead of March 2003 as scheduled in the official electoral calendar.

  • Monday, September 23rd 2002 - 21:00 UTC

    New low record for Chilean peso

    The Chilean currency opened this Monday with a new record low, 750 pesos to the US dollar, after a week of constant depreciation of the peso. Last Friday September 20th the US dollar was selling in Santiago for 743 pesos, a 1,4% jump in one just week since market operations had begun at 729 pesos to the US dollar Monday September 16th..

  • Monday, September 23rd 2002 - 21:00 UTC

    Budget to emphasize “social expenditure”

    Chile's 2003 national budget will be “austere” but more resources are to be destined to health, education and combating extreme poverty it was announced by the presidential spokesman last week.

  • Monday, September 23rd 2002 - 21:00 UTC

    Sheep farming lost 300 million US dollars

    Sheep farming that is gradually beginning to recover in Uruguay lost during the last decade approximately 300 million US dollars.