Mercosur presidents meeting in Buenos Aires expressed their full solidarity with Argentina and requested multilateral organizations to understand the complexity of the country's economic and social problems.
A Mercosur presidential summit hosted by Argentine president Eduardo Duhalde will be held this Monday in Olivos, Buenos Aires to consider the current political and economic situation of the block.
Insisting that Uruguay is not after economic aid, but rather work opportunities, Uruguayan president Jorge Batlle will be meeting with his American counterpart George Bush next Friday in the White House.
Contrary to most pessimistic prospects, the Argentine peso floating freely against the US dollar for the first time in eleven years managed to remain within government targets after an early demand thrust.
Mercosur Armed Forces are quietly but consistently undergoing a modernization process involving objectives, capability and strategy
International Monetary Fund Managing Director participating in the World Economic Forum in New York, forecasted recovery is underway for the global economy.
Chile and the European Union are quickly advancing to a free trade agreement that could be officially signed next May in Madrid during the second Euro-American summit, according to Mr. Osvaldo Rosales Director of International Trade Relations in the Chilean Foreign Affairs Ministry.
Argentina was thrown into fresh chaos on Friday when its supreme court declared emergency financial controls to be unconstitutional, raising the prospect that the country's banks will collapse.