Stories for March 2005
U. S. stepped up its pressure against Venezuela's weapons procurement programme warning that it threatened to destabilize the region. Secretary of Defence D. Rumsfeld's comments during a visit to Brazil, were the strongest indicator yet of growing concern in Washington about the planned acquisition of large quantities of firearms from Russia by President Hugo Chávez's populist government in Venezuela.
Chile is a South American economic success story which keeps coming up with impressive macroeconomic figures including the 6,1% growth in 2004, but the bonanza and its 94 billion US dollars GDP still have some way to go before a significant reduction in social inequality and be perceived.
The basic family food basket in Punta Arenas was last year among the three dearest in Chile, 34,5% above Santiago, according to a paper from the Economic and Financial Investigations Institute from the Andrés Bello University, based on information from the Chilean Statistics Institute.
Gib at Cruise Shipping Convention; Spanish Attorney General remarks trigger surprise; Trans border environmental legislation.
Hugh sets the marathon Standard; Camp dentistry service brought to an end.
News in brief:
Wireless this weekend; More beef on sale; Governor's new role.
Given the growing political tension with Peru, because of the alleged weapons sales to Ecuador during the Condor war in the nineties, the Chilean government decided Wednesday to temporarily freeze military contacts between both countries.
Brazilian president Luiz Inacio Lula da Silva reelection bid was officially launched this week by his closest advisor and most influential minister, Jose Dirceu head of Planalto Palace (Government House).
The Federal Open Market Committee decided Tuesday to raise its target for the federal funds rate by 25 basis points to 2, 75%, and cautioned that it will respond to changes in economic prospects as needed to fulfill its obligation to maintain price stability. This is the seventh hike running in nine months.
Chile's ruling coalition Concertación Democrática will be holding primary elections next July 31 to decide on its presidential candidate for December elections.
Oil prices won't drop much from their current record levels unless the United States falls into recession, forecasted Saudi Arabian former Oil Minister Ahmed Zaki Yamani.