MercoPress. South Atlantic News Agency
Stories for April 2006
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Friday, April 14th 2006 - 21:00 UTC
WTO mixed forecast with “uncertainties” for 2006
World trade began 2005 with sluggish growth and then regained momentum to end the year registering 6% growth in the volume of goods traded. However there are a number of uncertainties on the horizon for 2006, with signs of a stronger investment climate mixed with fragile prospects for consumption and employment, said Thursday Patrick Low, World Trade Organization chief economist.
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Friday, April 14th 2006 - 21:00 UTC
IMF: oil prices have worsened global imbalances
Record high oil prices have greatly worsened global economic imbalances increasing the danger of turbulences through a “sudden, disorderly adjustment”, warned the International Monetary Fund in an advance of its World Economic Outlook.
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Friday, April 14th 2006 - 21:00 UTC
South America solid behind Brazil's bid for 2014 World Cup
The International Federation of Football Association Joseph Blatter is sceptic about Brazil's chances of hosting the 2014 World Cup, which according to the rotation system must be disputed in South America.
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Friday, April 14th 2006 - 21:00 UTC
Soaring Chilean peso controversy escalates
Chile's Finance minister Andres Velasco downplayed opposition criticism to the current appreciation of the Chilean currency against the US dollar and said the government is already addressing the issue with a tight savings and fiscal policy.
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Thursday, April 13th 2006 - 21:00 UTC
US trade deficit in February contracts 4.1%
United States trade deficit contracted 4.1% in February with a strong drop in imports and a significant 22.7% reduction in the deficit with China.
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Thursday, April 13th 2006 - 21:00 UTC
Ecuador without forests in twenty years
Ecuador will lose all its forests within 20 years if deforestation is not halted warned a top official in the Environment Affairs ministry warned Wednesday in Quito.
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Thursday, April 13th 2006 - 21:00 UTC
Brazilian population aging
The 17.6 million inhabitants over 60 ranks Brazil eighth worldwide in senior-citizen population the government said Wednesday.
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Thursday, April 13th 2006 - 21:00 UTC
Bolivia demands back taxes from oil corporations
Bolivia is claiming 40 million US dollars in back taxes from oil corporations, a sum which could jump to 200 million US dollars if fines and administrative costs are included, said Wednesday an official source from the Bolivian government.
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Thursday, April 13th 2006 - 21:00 UTC
Chilean peso at record high rings alarm bells
Chile's Peso gained a 14- week high against the US dollar as expectations that higher interest rates and surging copper exports at record prices will spur increased inflows.
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Thursday, April 13th 2006 - 21:00 UTC
Brazil-Chile strengthen strategic alliance
Presidents of Brazil and Chile agreed this week to strengthen a strategic alliance and boost bilateral trade and cooperation.
