Argentina Economy
Brazil and the Southern Cone - US Department of State
Press Group Hails Brazil for Convicting Killers of JournalistsColombia, Nicaragua also praised for murder convictionsA Miami-based press advocacy group has praised the justice systems of Brazil, Colombia, and Nicaragua for convicting the people who murdered journalists in those three Latin American nations in the last several years. (complete text) Link Between Environment, Health Topic of Forum in Argentina ... [Read More]
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NOTE: This is a frame enhanced page. Best viewed in a web browserthat supports frames (e.g. Netscape or Internet Explorer). Organics In ArgentinaTable of ContentsSelect a slide or start at the beginning. Organics In Argentina Introduction The Economy Agriculture Organics Rapid Growth in Output... ...With the Market Expanding,too Main Export Markets Legal Structure Government Role [Read More]
Uruguay (03/05)
The Batlle administration had to manage the steepest economic and financial crisis in recent history, which developed mostly from external factors. Devaluation in Brazil in 1999 made Uruguayan goods less competitive, and an outbreak of foot and mouth disease in 2001 curtailed beef exports to North America. Starting in late 2001, an economic crisis in Argentina undermined Uruguay's economy, with exports to Argentina and tourist revenues falling dramatically. In mid-2002 Argentine withdrawals from Uruguayan banks started a bank run that was overcome only by massive borrowing from international financial institutions. This, in turn, led to serious debt sustainability problems. A successful debt swap helped restore confidence and significantly reduced country risk. Uruguay’s economy resumed growth in 2003, with a 2.5% rise in GDP. GDP grew about 11% in 2004 and 5.0%-6.0% growth is expected for 2005. ... [Read More]
Department of State Washington File: Text: Treasury Secretary Supports Argentine Efforts for IMF Agreement
GAZETA MERCANTIL: For Mr. O'Neill. On Monday, during your visit to Brazil, you said that you would recommend U.S. investments in Brazil's economy. What I would like to know is whether you would also recommend -- after your visit to Argentina -- investing in Argentina's economy, now. ... Minister of Economy Roberto Lavagna's opening statement: ... SEC O'Neill: I think this question is better answered by the Minister. The information that was shared with us today about import-export balances suggests that Argentina is running a surplus of maybe a billion dollars a month in its trade accounts, which is a very favorable development. And it's partly because of the reduction in imports but also because exports are doing well and it appears that the production in Argentina will be supportive of the continuation of this trend. But it also makes importantly the point of the necessity to secure a trade credit so that exports can be facilitated and they move towards a world market place. On the domestic scene I would invite the minister to answer your question. Having been in the country for twelve hours now, I don't think I can pretend to be an expert about how the domestic economy is going, thank you. ... [Read More]
Argentina (09/04)
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