Stories for June 2004
Decisive week for Venezuela and President
The Venezuelan Supreme Court is debating whether President Hugo Chavez could stand for election if his current term of office is cut short by an eventual recall referendum, the tribunal's chief said Wednesday
New-look for Royal Navy Patrol Vessel
Royal Navy patrol vessel HMS Dumbarton Castle has returned home to Portsmouth from an £8m upgrade in Scotland.
Oil shoots above $42 per barrel in New York
Oil prices this Tuesday, reacting to the weekend attacks in Saudi Arabia, rose sharply in New York and London reaching a record 42,33 US dollars per barrel, 2,45 US dollars more than last Friday.
Colombian president Uribe's reelection advances
A majority of Colombians would vote to give President Alvaro Uribe a second four-year term if the constitution were reformed to allow re-election, according to a poll released Tuesday in Bogotá.
Record trade surplus in Brazil
Brazil's foreign trade keeps breaking records. Last May trade surplus reached 3,118 billion US dollars, the highest ever for a month with exports totaling 7,927 billion US dollars and imports 4, 823 billion US dollars.
Brazil optimistic with next oil licencing round
The strong international demand and prices for oil should boost corporations interest for the next Brazilian oil licencing round scheduled August 17/18, said Sebastiao do Rego Barros, CEO of the country's National Petroleum Agency, ANP.
Argentina 's new offer to defaulted bond holders
Argentina presented this Tuesday a new private debt restructuring offer which includes repayment of accrued (defaulted) interests and the issuing of bonds linked to economic growth, but the controversial 75% capital cut (acquittance) originally proposed, stands
Mussel fact finding trip
Starting a mussels industry plus attracting Scottish investment to the Falkland Islands was the main objective of a two weeks fact finding trip by representatives of the Islands fishing industry.
Top marks for Kirchner and Uribe
Argentina's Nestor Kirchner and Colombia's Alvaro Uribe are the Latinamerican presidents with the best performance record in 2004 according to the latest opinion poll from the Ibero-American Governance Barometer which covers 17 countries.
Decisive week for Kirchner and bondholders
Argentine president Nestor Kirchner returned this Monday to his office in Casa Rosada after suffering a strong strain of influenza that kept him away for several days including his participation in the European Union-Latinamerican summit in Mexico.
