Stories for October 17th 2005
Venezuela, Mercosur full member next December
Venezuela will become a “full member” of Mercosur next December, following an agreement with the current four members, Argentina, Brazil, Paraguay and Uruguay, announced in Spain Uruguay's Foreign Affairs minister Reinaldo Gargano.
Desire's progress continues
DESIRE Petroleum plc continues to progress towards exploratory drilling in the Falklands.
OPEC uneasy with barrel of oil above 60 US dollars
High oil prices are causing a contraction in world demand according to the Organization of Petroleum Exporting Countries, (OPEC), latest monthly report issued Monday in Vienna forecasting a 2005 demand increase of 1,4% instead of 1,7% as originally estimated.
Fears of further FAM outbreaks in Brazil
New outbreaks of foot and mouth disease in the Brazilian state of Matto Grosso do Sul have been reported and 280 head of cattle have been sacrificed in a farm close to where the first cases were confirmed last week.
