Stories for June 2005

Thursday, June 30th 2005 - 21:00 UTC

Chile's unemployment drops to 8,3%

Chile's national unemployment rate dropped to 8,3% in the March-May quarter, the lowest since the same period in 1998, according to the latest release from the National Statistics Institute.

Thursday, June 30th 2005 - 21:00 UTC

UN forecasts 3,25% world economy expansion for 2005

The world economy is forecasted to expand 3,25% this year compared to 4,1% in 2004 which in itself is “benign”, although it entails certain risks said Jose Antonio Ocampo Deputy Director of the United Nations Economic and Social Affairs Department on presenting a report on the world economy.

Thursday, June 30th 2005 - 21:00 UTC

“US recession much closer than imagined”

The chances of a United States recession or even a decline are closer than imagined warned Bill Gross, an influential financial guru who manages the largest mutual fund in the world with assets of 450 billion US dollars.

Thursday, June 30th 2005 - 21:00 UTC

Chile considering an atomic energy plant

Chile which is considering resorting to nuclear energy, signed Wednesday with Russia an agreement for the peaceful use of atomic energy in the framework of a bilateral cooperation program.

Thursday, June 30th 2005 - 21:00 UTC

Uruguay/Spain rift over immigration

Uruguayan minister of Foreign Affairs Reynaldo Gargano called on his countrymen to treat Spanish residents and visitors “politely” following a controversy with Madrid over the expulsion of Uruguayan immigrants.

Thursday, June 30th 2005 - 21:00 UTC

FOGL Granted Extension to Exploration Licences

FOGL announces that it has been granted a two year extension to its approximately 33,000 sq km licence held in joint venture with Hardman Resources, which owns 22.5% of the licence.

Wednesday, June 29th 2005 - 21:00 UTC

Book Review: Official History of Falklands Conflict

The first comprehensive history of the 1982 Falklands War, published in Britain, reveals that Britain had previously contemplated selling Argentina powerful weapons such as an aircraft carrier and a Vulcan bomber, confirms the valuable help given Britain by the United States and Chile, examines controversial military actions such as the sinking of the Argentine cruiser Belgrano and HMS Sheffield, and the Battle for Goose Green, discusses the tensions over media reporting, and exposes how the British Government deceived the Falkland Islanders over secret talks with Argentina for transfer of titular sovereignty in return for a long lease-back period of continuing British rule.

Wednesday, June 29th 2005 - 21:00 UTC

UK marks 200 years since Trafalgar

The Queen has set sail for the biggest peace-time fleet review in the history of the Royal Navy.

Wednesday, June 29th 2005 - 21:00 UTC

Squid fishery north of parallel 39 closed as of June 27

Argentina's Federal Fisheries Council (CFP) unanimously decided this week to close the Illex squid fishery north of parallel 39º 40' South, in the South Atlantic as of zero hour June 27.

Wednesday, June 29th 2005 - 21:00 UTC

Reforms in Chile's Defense Sector Advance

Chile's Minister of Defense, Mr. Jaime Ravinet participated yesterday in Washington in a “Face to Face Encounter” at the Center for Hemispheric Defense Studies to discuss Chile's reforms aimed at restructuring and modernizing the defense sector.

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