Stories for June 2nd 2005 , page 2

Thursday, June 2nd 2005 - 21:00 UTC

Japan reports new case of “mad cow”

A nine year old cow in the northern island of Hokkaido has been confirmed a the nineteenth case of “mad cow” in Japan, confirmed Thursday the Ministry of Public Health, Labour and Human Services.

Thursday, June 2nd 2005 - 21:00 UTC

ECB keeps interest rates unchanged at 2%

The Governing Council of the European Central Bank decided Thursday to keep basic interest rates in the Euro zone unchanged at 2% given the moderate growth performance of the economy and the fact domestic inflationary pressures remain contained in the medium term.

Thursday, June 2nd 2005 - 21:00 UTC

S&P upgrades Argentina's debt rating

Standard & Poor's, the credit-rating agency upgraded Argentina's long-term debt rating to a B- with a stable outlook, up from SD, or selective default, a sign the country is mending its relationship with international markets after declaring a record default in December 2001

Thursday, June 2nd 2005 - 21:00 UTC

Repsol-YPF targets exploration in South Atlantic

Repsol-YPF CEO Antonio Brufau said the company is planning to invest 6,5 billion US dollars in Argentina in the next five years, 74% of which in exploration and production of oil and natural gas both inland and offshore.