Stories for December 6th 2006
Argentina's official inflation in course to one digit target
Argentina's Consumer Price Index increased 0.7% in November totaling 8.7% so far this year according to the latest release from the Statistics and Census Office in Buenos Aires.
World household wealth concentrated in 2% richest
The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute. The report, from the World Institute of Development Economics Research at the UN University, says that the poorer half of the world's population own barely 1% of global wealth.
China forecasted to expand above 10% next year
China's growth next year is forecasted to exceed 10% and consumer prices should be in the range of 1.5% according to the latest estimates from the People's Bank of China, reports the Chinese agency Xinhua.
Furious riots in Paraguay following court verdict
Rioters set cars alight, looted and blocked streets in Paraguay's capital on Tuesday as anger flared over a court verdict relating to a fire in a supermarket that killed 400 people in 2004.
Pulp mills dispute: Argentina “reasonably optimistic”
The Argentine government is “reasonably optimistic” about the resumption of some form of dialogue on the pulp mills dispute with Uruguay, following the Tuesday visit to Buenos Aires of a special envoy sent by the King of Spain to try and “facilitate” an understanding between both countries.
Chavez moves closer to “my good friend” Kirchner
Re-elected Venezuelan president Hugo Chavez sent Tuesday two strong support messages to his Argentine counterpart Nestor Kirchner: he replaced an ambassador and announced the granting of a significant credit to an Argentine dairy cooperative.
Lan Plane Forced to Land in Brazil by Lack of Traffic Control
A Lan Airlines SA plane was forced to make an unscheduled landing in Sao Paulo because of a lack of service by Brazil's air traffic control system, the company said.
Lord Triesman to visit Falklands
Government House in Stanley has announced that Lord Triesman, the Foreign and Commonwealth Office Minister responsible for relations with the UK Overseas Territories, will visit the Falkland Islands on December 15th and 16th.
