Mercosur

• Tuesday, December 10th 2002 - 20:00 UTC

  New offshore oil deposit in Brazil

  Brazilian oil company Petrobras made a new discovery in the Campos Basin this time 76 kilometres offshore the state of Spirito Santo just to the north of Rio do Janeiro. The new well 1-EES-116 was drilled seven kilometres from the Jubarte area that has proved reserves of 600 million barrels of oil.

• Tuesday, December 10th 2002 - 20:00 UTC

  Main Street-Wall Street team

  According to reports in the leading US newspapers Monday edition, President George Bush has appointed John Snow from the freight transportation business as the new Treasury Secretary. Mr. Snow will replace Mr. Paul O'Neill who resigned last week together with White House Economic Advisor Lawrence Lindsay.

• Tuesday, December 10th 2002 - 20:00 UTC

  Latinamerica News

  Headlines: Close friend of Wall Street in Argentina's Central Bank; Highest unemployment in two decades; Free trade talks remain locked; Chavez willing to talk elections; Mr. Lula in the White House.

• Monday, December 9th 2002 - 20:00 UTC

  Breaking News

  Headlines: Negative inflation in Chile; Critical trade talks with US; “True leader of the XXI century”; Brazilian economy recovering.

• Monday, December 9th 2002 - 20:00 UTC

  Fisheries News

  Headlines: EU preferential tariffs for Argentina; Red tide ban on Patagonian bivalves; Chile approves new fisheries law;Research vessel project for Patagonian shrimp fishery; Illegal fishing in southern Brazil; Industry and legislators locked in dispute; Russia seeks renewal of agreement; Shrimp exports face US anti-dumping campaign

• Friday, December 6th 2002 - 20:00 UTC

  Venezuela Conflict

  Lawmakers from the pro-government socialist Podemos (We Can) Party on Thursday asked Venezuelan President Hugo Chavez to lead a call to early elections as a way to solve the country's growing social and political crisis.

• Friday, December 6th 2002 - 20:00 UTC

  Six South American Leaders Convene Summit

  Six South American presidents convened a summit of the continent's largest trading bloc Thursday, aiming to work out a timetable for a free trade agreement covering most of the continent.

• Friday, December 6th 2002 - 20:00 UTC

  Argentina, Agriculture and Venezuela

  In a joint declaration, Mercosur presidents currently holding talks in Brasilia made a strong statement demanding an end to subsidies by rich countries and a fairer agricultural trade policies.

• Thursday, December 5th 2002 - 20:00 UTC

  IMF, Treasury Plan Latin American Visits

  Horst Koehler, the head of the International Monetary Fund, and Kenneth Dam, a top economics official in the Bush administration, will make separate fact-finding missions to Latin America starting later this week.

• Wednesday, December 4th 2002 - 20:00 UTC

  Lula in Chile insists with Mercosur

  Brazilian elected president Luiz Inacio Lula da Silva emphasized his future government's commitment to Mercosur and insisted that Chile must strengthen its presence in the South American block.