Chile's Finance Minister Nicolás Eyzaguirre lowered the country's annual estimated growth from 3,5 to 3,2% as direct consequence of international factors, particularly the Argentine and Brazilian situation.
Although the final results will not be forthcoming for several weeks, poll estimates indicate former president Gonzalo de Sánchez Lozada won the first round of Bolivia's election with Manuel Reyes Villa trailing closely behind with less than a point difference, ( 21% and 20%), but both distant from the 50% plus one needed to take office next August 6th.
In a short address to the country Argentine president Eduardo Duhalde announced national elections will be advanced from September 2003 to March 2003, with compulsory, simultaneous and open primaries for all parties to nominate candidates next November.
Headlines:
Green light from the US Treasury; A more sober Argentina; Foreign investment in Chile collapses; Warning from The New York Times
The International Monetary Fund, IMF, said today that negotiations with Argentina regarding credit assistance have received a renewed thrust and anticipated several missions will be travelling to Buenos Aires to support the new situation.
Headlines:
Denmark presides over Europe;
Three strategic points; Chile in the Security Council; Freeze Mercosur; President Fox in regional summit
Brazilian president Fernando Cardoso described his United States counterpart George W. Bush, in an off the record conversation, as ignorant of Latinamerican affairs adding that this has condemned the area to irrelevance.
Headlines:
Protests and a blip of hope;Forget Mercosur; Unconvincing Lula; Menem leads among Peronists; We're not an island; Elections in Bolivia
Headlines
Mexico willing to help;
US interest rates remain unchanged;
IMF discouraged by Argentina
Huddled in a tiny village in the Canadian Rocky mountains, and with unprecedented security measures, the leaders of the world's seven most industrialized countries (G 7), plus Russia, (G 8) are holding an annual summit aimed at discussing the global economy, African aid and war on terrorism.