Stories for August 2005

Wednesday, August 31st 2005 - 21:00 UTC

US Census shows 37 million living in poverty

The United States poverty rate rose to 12.7% of the population last year, the fourth consecutive annual increase, reported the US Census Bureau Tuesday. Overall there are 37 million people living in poverty, up 1,1 million from 2003.

Wednesday, August 31st 2005 - 21:00 UTC

Saudi Arabia ready to pump 11 million bpd

Saudi Arabia announced Tuesday it was ready to increase crude production to eleven million bpd in case the consequences of the “Katrina” hurricane cause a shortage in the market, said Saudi Oil minister Ali al-Nuami.

Wednesday, August 31st 2005 - 21:00 UTC

Record spring ozone layer hole forecasted

The ozone layer hole over the Antarctica began expanding in mid August and has reached ten million square kilometres, an area equivalent to Europe, according to readings from the Envisat satellite belonging to the European Space Agency.

Wednesday, August 31st 2005 - 21:00 UTC

The Brazilian Navy's atomic bomb ambition

An atomic bomb as powerful as those dropped in Hiroshima and Nagasaki, was almost built in Brazil at the beginning of the nineties under the supervision of the Brazilian armed forces.

Wednesday, August 31st 2005 - 21:00 UTC

Flexibility, the US economy “most valued asset”

The US economy has weathered reasonably well the steep rise in spot and future prices for crude oil and natural gas in the last two years said Federal Reserve chairman Alan Greenspan who also highlighted “flexibility” as the economy's “most valued asset”.

Wednesday, August 31st 2005 - 21:00 UTC

Brazil: lack of reforms greater threat than political crisis

Economists downplayed the impact of the Brazilian political crisis on the economy but warned that crucial reforms are being delayed as Congress concentrates in the corruption allegations.

Wednesday, August 31st 2005 - 21:00 UTC

“I did everything possible to make Argentina loose Malvinas war”

”I did everything possible to make Argentina loose the (Malvinas) war”, is the spectacular introduction to a Chilean television program to be aired Wednesday night with a very special guest, General Fernando Matthei, former Commander of the Chilean Air Force and responsible for the secret coordination with the British in 1982.

Tuesday, August 30th 2005 - 21:00 UTC

South Georgia poacher to be scuttled in Falklands

Following a conviction for illegal fishing and failure by the vessel owners to pay their fine, the longliner Elqui was awarded by the Falkland Islands court to the Government of South Georgia and the South Sandwich Islands (GSGSSI).

Tuesday, August 30th 2005 - 21:00 UTC

Significant drop in Chilean unemployment

Unemployment in Chile reached 8,6% in the May-July quarter of this year, which represent a considerable drop from the 9,7% of a year ago, according to the latest release from the Chilean Statistics Institute.

Tuesday, August 30th 2005 - 21:00 UTC

OAS calls for extradition to Venezuela of anti-Castro agent

Organization of American States Secretary General Jose Miguel Insulza has called on the United States Justice to extradite the anti-Castro agent Luis Posada to Venezuela, and so contribute with the world war on terrorism.

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