Stories for December 9th 2005
Drastic privatization of Chinese companies
The Chinese private sector expanded 50% between 2001 and 2004 when the number of private companies reached 1.9 million according to a release this week from the Chinese Statistics Office.
Chile: Inflation contracts but interest rates are up
The strong drop in fuel prices helped contract Chile's November consumer prices index by 0,2%, with similar prospects extending to December according to the latest monthly release from the country's Central Bank.
Peru announces free trade agreement with United States
Peru announced Wednesday the signing of a free trade agreement with United States, which President Alejandro Toledo described as great news but also a great challenge.
Chilean Navy receives first of two state of the art submarines
The Chilean Navy brand new submarine O'Higgins built by a French-Spanish consortium is scheduled to arrive in Valparaíso Friday.
Poll confirms runoff in Chile's presidential election
The Chilean ruling coalition presidential candidate Michelle Bachelet leads comfortably in the latest public opinion poll released Thursday, 48 hours before Sunday's vote.
Latinamericans most skeptical about corruption
Latin Americans are the people more inclined to view their countries' institutions and politics as corrupt, according to a Gallup survey commissioned by the anti-corruption watchdog Transparency International.
Chavez preaches socialism in Uruguay
Latin America should become ever more socialist and more radical to move ahead, develop and so meet the challenges facing its peoples, said Thursday Venezuelan president Hugo Chavez during a visit to a small village in Uruguay.
Backing for Indian leader in Bolivian election
The Organization of American States, (OAS), Secretary General Jose Miguel Insulza currently visiting Ecuador announced that in the event of Indian leader Evo Morales victory in Bolivia's coming presidential election, he would have the full support of the institution.
Brazil confirms another outbreak of FAM
Brazil's Agriculture Ministry confirmed this week another outbreak of foot and mouth disease, two months alter an initial outbreak led several countries to ban Brazilian beef and pork imports.
Penguin News Update.
Headlines:
Fisheries meeting is non-starter; Battle of the Falkland Islands remembered; De-mining meeting; Mobile Stanley; Search continues; This week's cruisers.


