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Stories for April 12th 2006

• Wednesday, April 12th 2006 - 21:00 UTC

  Spain confirms huge arms deal with Venezuela

  Venezuela will buy ten military transport planes and eight patrol boats from Spain despite the United States' attempts to block the deal, a top Venezuelan navy official said.

• Wednesday, April 12th 2006 - 21:00 UTC

  Latinamerica diminishing share of world GDP

  Debt, inflation and Asia's strong economic growth forced Latinamerica's share of the world's GDP to drop 1.8 points in the last quarter of a century, according to international consultants based on IMF/World Bank reports.

• Wednesday, April 12th 2006 - 21:00 UTC

  Support for Lula's reelection bid remains strong

  Brazilian president Luiz Inacio Lula da Silva popularity remains intact although support for his re-election has lost almost five points from February to April, according to the latest public opinion poll from the Sao Paulo Sensus Institute.

• Wednesday, April 12th 2006 - 21:00 UTC

  Drugs seized on plane from Venezuela

  Authorities discovered 5,500 kilograms (12,100 pounds) of cocaine on board a plane that arrived at a Gulf coast airport from Caracas, the Mexican attorney general's office said Tuesday.

• Wednesday, April 12th 2006 - 21:00 UTC

  London: Operators to reveal new-look Dome

  The new operators of the ill-fated Millennium Dome will show how the inside of the giant Greenwich structure is taking new shape ahead of its re-opening next year.

• Wednesday, April 12th 2006 - 21:00 UTC

  Authorities block Varig aid deal

  Aviation authorities blocked a deal that would have thrown a lifeline to Brazil's troubled flagship airline as employees held protests in the nation's capital yesterday calling for a federal bailout.

• Wednesday, April 12th 2006 - 21:00 UTC

  Chileans work two months for the government

  Last year, Chileans paid the largest proportion of their paycheck in taxes since 1987. In fact, on average Chileans pay 17.33% of their wages, or 53,910 pesos out of a 300,000 peso income, every month.

• Wednesday, April 12th 2006 - 21:00 UTC

  Chile plays dumb with dangerous smog levels

  For seven hours last Sunday, between seven a.m. and two p.m., Santiago residents were exposed to exceptionally high levels of air pollution and smog.