Stories for May 28th 2004
Unemployment in Chile reached 8,7%
Unemployment in Chile reached 8,7% during the February-April quarter after experiencing a 0,2% increase compared to the same period a year ago and 0,6% over the previous quarter.
Germany optimistic about UN reforms
German Chancellor Gerhard Schroeder said this Thursday in Mexico City that the European Union and Latinamerica will press for reforms in the United Nations with the purpose of giving the world organization a greater action capability.
China becomes OAS observer.
China was accepted this Thursday as one of the sixty country observers in the Organization of American States, OAS, during a formal session of the Permanent Council.
Brazil's economy slow to pick up
Brazil's economy expanded 2,7% during the first quarter of this year compared to the same period in 2003, cutting three consecutive negative quarters. Compared to the last quarter of 2003 the economy grew 1,6%.
Magallanes businessmen concerned with freight costs
The rising price of fuel and freight costs are causing concern among Punta Arenas business community which is highly dependent on long distance transport for supplies.
Chilean justice blocks Menem extradition.
Former Argentine President Carlos Menem won a first round in the Chilean courts Thursday as a high-ranking judge threw out one of two requests from Argentina for Menem's extradition to answer to corruption charges.
Penguin News Update
Headlines:
“Significant” deficit in budget.
Tiphanie is crowned May Queen
Inside Penguin News.
