Stories for May 2003
Falklands Veterans' Condemn Court Judgment.
The Falklands veterans' South Atlantic Medal Association have criticised the High Court judgment rejecting allegations that the Ministry of Defence (MoD) failed to provide adequate care for service personnel suffering from the effects as the horrors of war in the Falklands War and other conflicts.
Encouraging signs for Mercosur .
Mercosur delegates received an encouraging sign this week when Chris Patten the European Union Foreign Affairs Commissar admitted that discussions for a trade agreement between EU and the South American block could conclude before the end of 2003.
Slower growth for US economy.
Prospects for the United States economy remain uncertain even after the end of the Iraq war, and the recovery momentum is still in doubt, indicated the US Federal Reserve president Alan Greenspan addressing a Congressional committee this week.
Fisheries News.
Hedlines: Catches must be classified for landing; Uruguay tough on minimum sizes; EU backs Spanish access to Greenland fisheries; Brazil: more reservoirs for fish farming. More...
Falklands' veterans lose stress case.
Falklands and other war veterans have lost their court case accusing the Ministry of Defence (MoD) of failure to protect them from the effects of the horrors of war.
Orthodoxy and IMF win the day.
In spite of strong pressure and after two long days of deliberations, the Monetary Policy Committee of the Brazilian Central Bank, Copom, stood firm and kept the basic interest rate, Selic, unchanged at 26,5%.
Kirchner names cabinet, Bielsa in Foreign Affairs.
Argentine elected president Nestor Kirchner, 53, announced this Tuesday in Rio Gallegos, Santa Cruz, a cabinet of moderates that includes trusted political friends from Patagonia, his sister, independent political allies and a few men loyal to outgoing caretaker president Eduardo Duhalde.
IMF top marks for president Lula
Anne Krueger the International Monetary Fund, IMF, First Deputy Managing Director congratulated Brazilian president Luiz Inácio Lula da Silva for his management of the economy and efforts to reform the tax and social security systems.
Lavagna praises Ms. Anne Krueger.
Argentine Economy Minister Roberto Lavagna praised the “intellectual honesty” of International Monetary Fund, IMF, First Deputy Managing Director Anne Krueger, who changed her opinion regarding the evolution of the Argentine economy.
Lan Chile's fares are “abusive”.
Two Chilean Deputies have described Lan Chile's fare policy as “extremely abusive” and anticipated they will request the country's Economic Prosecutor to fix fares in all those domestic routes where the Chilean carrier has no competition, plus a reduction in the number of price options offered by the company where there's competition.
