Stories for June 2007
Latest News feedIf Brazilian right is stronger, we’ll quit Mercosur, said Chavez
Venezuelan president Hugo Chavez said he’s willing to withdraw his country’s request to become full member of Mercosur because in his own words it’s a mechanism “marked by capitalism and ferocious competence”, according to an official news release.
Falklands admitted to the International Cricket Council
The International Cricket Council (ICC) completed a unique ‘century’ Friday when it admitted four new countries, Cameroon, The Falkland Islands, Peru and Swaziland - taking its membership to 101.
President Hugo Chavez calls for Belarus partnership
Venezuelan President Hugo Chavez called for a strategic partnership with Belarus Friday, calling his Belarusian counterpart a "brother-in-arms" and lamenting the pressure he said the United States was putting on Minsk and Caracas
Growing controversy in US over corn ethanol vs food prices
The main ethanol lobby in United States, Renewable Fuels Association, RFA, said that the growing demand for renewable fuel based on corn is not responsible for the recent increase in milk and dairy products worldwide.
Beijing tightens and Shanghai composite drops 7% in June
China’s main stock exchange index dropped 2% Friday, making June the worst month since May 2005. Fears that the government might announce measure to soak liquidity are behind the collapse.
White House calls for extension of special trade powers
The White House has urged Congress to renew President George W Bush’s ability to agree trade deals without Congress interference. Its comments come ahead of a 30 June deadline that ends Congress’ current inability to seek to amend any global trade deals that the President agrees.
Brazil’s largest airline purchases 22 Airbus 350 XWB
Brazil’s largest air carrier TAM Linhas Aereas signed a memorandum of understanding to buy 22 Airbus A350 XWB jets plus four A330-200s, the European manufacturer announced Friday.
US core inflation drops to 1.9%, lowest in three years
United States core inflation fell below 2% for the first time in three years after a modest increase in prices last month, according to new government figures.
Mercosur summit calls for unity and not much more
Mercosur presidential summit in Paraguay approved Friday steps to speed cross-border shipments of meat and vegetables on Friday, but postponed action on other key issues amid calls for greater unity.
Uruguay buys 90 service stations from Chevron-Texaco
Uruguay’s state-run energy company Ancap bought this week 90 service stations from Chevron Corp operated locally under the Texaco banner, for 22.5 million US dollars.
