Mercosur

• Friday, August 9th 2002 - 21:00 UTC

  Non convincing Mr. O'Neill

  US Treasury Secretary Paul O'Neill ended a much expected four days confidence building visit to financially fragile Mercosur members with a political display openly contrary to the electoral philosophy of President Bush's administration, --and his own--, which has seen him, in the last weeks, propping government intervention, more corporate regulations and bailing out countries that face financial crisis.

• Thursday, August 8th 2002 - 21:00 UTC

  South America News

  Headlines:
  30 billion for Brazil;
  Petrobras discovers oil in Patagonia; Urchin ban suspension; Deadly storm hits

• Wednesday, August 7th 2002 - 21:00 UTC

  Breaking News

  Headlines:
  Bush signs “fast track” trade bill;
  Uribe tells Colombians not to expect miracles; Bolivia Swears In New Leader; O'Neill, S. American Executives Meet

• Tuesday, August 6th 2002 - 21:00 UTC

  Uruguay Calm as Banks Reopen

  Uruguay is to repay Washington later this week after receiving a loan package in the same amount from the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank (IDB).

• Tuesday, August 6th 2002 - 21:00 UTC

  O'Neill: U.S. supports Brazil's talks with IMF

  Visiting U.S. Treasury Secretary Paul O'Neill on Monday praised the economic policies of President Fernando Henrique Cardoso's administration and said Washington supports Brazil's efforts to obtain additional aid from the IMF

• Monday, August 5th 2002 - 21:00 UTC

  Breaking News

  Headlines:
  Bolivia: Sanchez Losada confirmed president
  Uruguay: Waiting for Mr. O'Neill
  
  Brazil: Ciro growing and growing?

• Monday, August 5th 2002 - 21:00 UTC

  Uruguay's banks will reopen today

  Uruguay on Sunday received a short-term loan of up to $1.5bn from the US and imposed limited restrictions on bank withdrawals in an effort to avert a collapse of its once-vaunted financial system.

• Sunday, August 4th 2002 - 21:00 UTC

  Lagos to skip swearing in ceremony in Bolivia

  Chilean President Ricardo Lagos has announced that he would not travel to Bolivia to attend presidential inauguration ceremonies because of a simmering internal conflict there over the Bolivian government's tentative plans to export natural gas to North America via Chile

• Saturday, August 3rd 2002 - 21:00 UTC

  Comparasion begin to weight heavy in Uruguay

  Perhaps because of its size, tiny Uruguay spends an awful lot of its time being compared with other countries.
  For its solid financial system and uneventful political scene Uruguay was long referred to as “the Switzerland of South America”. Equally hopeful, its finest beach resort, Punta del Este, has been described as the continent's own Saint-Tropez.

• Friday, August 2nd 2002 - 21:00 UTC

  O'Neill personally apologizes

  In the eve of his tour of Mercosur member countries, US Treasury Secretary Paul O'Neill personally apologized to Brazil, Argentina and Uruguay in three separate statements, following last week's remarks when he said that foreign aid to these countries ended in secret Swiss accounts.