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.
After several long weeks of international contacts and private deliberations with banks and multilateral organizations, the current Argentine administration believes the crucial moment to thrust forward an economic program that should get the stagnant economy rolling again, has come.
Mercosur and associate members presidents will be holding an out of agenda summit next February 18th. in Buenos Aires to express full support to the Argentine president Duhalde administration.