Stories for June 2003
Lowest US interest rate since 1958.
The US Federal Reserve cut interest rates this Wednesday a quarter percentage the lowest level since 1958 and suggested there could be further measures, since the economy “has yet to exhibit sustainable growth”.
Argentine gov't to file criminal charges Supreme Court head.
The Argentine government announced Wednesday that it intended to file criminal charges against Supreme Court President Julio Nazareno over a case that cost the state more than $100 million.
Sir Denis Thatcher Dies at 88 in Hospital
Sir Denis Thatcher, the husband of former Prime Minister Margaret Thatcher, died Thursday at the age of 88, a spokesman for the family said.
Brazil adjusts inflation targets.
Brazilian monetary authorities decided this Tuesday to readjust upwards the inflation target for the coming two years. The 2004 target was increased from 3,75% to 5,5%, with a 2,5% plus/minus tolerance, which means inflation next year will have an 8% ceiling. Similarly the 2005 target was fixed in 4,5% with a plus/minus 2,5%.
IMF-Argentina, friends but?
International Monetary Fund Managing Director Horst Koehler announced in Buenos Aires that the multilateral credit organization was working in a medium term agreement with Argentina.
Toledo: Time has come for changes in government.
Peruvian President Alejandro Toledo said in a speech on Monday that “the time has come” for changes in his administration and that he will be appointing more people with diverse political views.
Pinochet accosted on the street.
A woman claiming to be the sister of a man killed under Chile's 1973-1990 military regime accosted former dictator Augusto Pinochet on a city street Monday, shouting insults and attempting to strike him, the local press reported.
IMF chief starts meetings with troubled Argentina
The head of the International Monetary Fund began talks with Argentina's President Nestor Kirchner on Monday, as the country's new government made a fresh start at pulling the economy out of its debt crisis.
IMF chief starts meetings with troubled Argentina
The head of the International Monetary Fund began talks with Argentina's President Nestor Kirchner on Monday, as the country's new government made a fresh start at pulling the economy out of its debt crisis.
San Matías gulf squid fishery opens 1 July.
The government of Río Negro province says the Argentine shortfin squid (Illex argentinus) season will open 1 July through 30 September.
