Stories for November 2007

Thursday, November 8th 2007 - 20:00 UTC
US/Peru trade agreement supported by Democrats

The United States House of Representatives approved Thursday, in a 285 to 132 vote, a long delayed free-trade agreement with Peru, the first such accord passed by Congress since the opposition Democrats won control last year.
Thursday, November 8th 2007 - 20:00 UTC
Petrobras hits major field and could join oil premier league

Brazil's state oil company announced Thursday that it had discovered as much as eight billion barrels of light crude in an ultra-deep field off the coast of Rio de Janeiro, an amount that could transform the country into a major world oil exporter.
Thursday, November 8th 2007 - 20:00 UTC
BoE adopts wait and see policy and leaves rates at 5.75%

The Bank of England left UK interest rates unchanged at 5.75% for the fourth month running. The Thursday decision is likely to have been influenced by the surging oil price and the growing risk of inflation.
Thursday, November 8th 2007 - 20:00 UTC
Euro interest rates on hold and geared to price stability

Despite the strength of the Euro which is closing on the 1.50 US dollar benchmark, the European Central Bank, ECB, left interest rates in the 13-nation Euro zone unchanged at 4% with a clear orientation towards maintaining price stability.
Thursday, November 8th 2007 - 20:00 UTC
Gibraltar, Spain and UK implement trilateral agreements

The communiqué on the meeting of the Forum of Dialogue on Gibraltar, between Spain, the United Kingdom and Gibraltar, which took place on November 5 and 6 in Castellar de la Frontera points out progress made in a long agenda of common issues.
Thursday, November 8th 2007 - 20:00 UTC
Ibero American summit spotlights on Michelle and Cristina

Chilean president Michelle Bachelet met for half an hour Thursday afternoon in the presidential palace La Moneda with elected president Cristina Fernandez de Kirchner. Although old friends this was the first official meeting of the elected president with a foreign leader.
Wednesday, November 7th 2007 - 20:00 UTC
October surprise in Uruguay: retail prices drop 0.23%

The consumers' prices index, CPI in Uruguay dropped 0.23% in October pushed down by the significant decrease in urban transport rates and health costs, both government managed prices.
Wednesday, November 7th 2007 - 20:00 UTC
UN calls for mines elimination to remain global priority

Landmines and other explosive weapons exacerbate the suffering wrought by war, Secretary-General Ban Ki-moon said Tuesday, appealing for the elimination of these “distressing and pernicious” devices to remain a global priority.
Wednesday, November 7th 2007 - 20:00 UTC
Chavez close ally calls to vote against constitution reform

Venezuela's former Defence Minister Raul Isaias Baduel, a long-time ally of President Hugo Chavez, said he is planning a campaign to urge citizens to vote against the government's proposed review of the constitution which he described as a “coup”.
Wednesday, November 7th 2007 - 20:00 UTC
Argentina's October inflation 0.7%; 6.6% in ten months

October inflation in Argentina jumped 0.7% reaching 6.6% so far this year, while wholesale prices increased 0.9% and 12.7% in the last ten months according to the official release from Statistics and Census Institute.