Stories for June 11th 2006
US insists in global trade agreement by end of July
Newly confirmed United States Trade Representative Susan Schwab said it is crucial for negotiators to wrap up the key elements of a global trade agreement by the end of July. However she did not reveal how she planned to overcome major obstacles with Europe and developing nations.
Chavez calls on business to “repatriate” assets
In a veiled warning Venezuelan President Hugo Chavez called Saturday on business community leaders to repatriate ten billion US dollars they hold overseas and “invest them in their own country”.
Even President Lula backs off when it's football
Football and politics, politics and football, it's hard to find the leading thread particularly in Brazil that has won the World Cup five times and is considered among the favourites for this edition in Germany.
Brazil working hard for “energy independence”
Brazilian President Luiz Inacio Lula da Silva inaugurated Saturday the lay out of a gas pipeline that will connect the southeast with the northeast of the country, in another step to ensure energy independence.
Fuel prices in Chile rocket to 5 US dollars per gallon
As of next Monday gasoline prices in Chile will soar to an average 700 pesos a litre, the highest ever, which is equivalent to five US dollars a gallon.
Land value in Uruguay soars 127% in four years
Price of land in Uruguay has soared in the two last years with the average going price for a plot of good grazing selling in the range of 1.400 US dollars a hectare, according to the latest report from the Uruguayan Landholdings Institute.
