MercoPress. South Atlantic News Agency
Stories for 2002
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Wednesday, September 18th 2002 - 21:00 UTC
Lula in the first round?
Former left wing union leader Luiz Inacio Lula da Silva, comfortably leading in the polls, increased this week his advantage and now stands with 42% of vote intention, which could ensure him the Brazilian presidency in the first round.
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Tuesday, September 17th 2002 - 21:00 UTC
US industrial production drops
US industrial production dropped during August, the first time this year according to a report released by the Federal Reserve Bank.
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Monday, September 16th 2002 - 21:00 UTC
“Mercosur is over”
French political scientist and renowned academic Alain Touraine stated that “Mercosur was over” and forecasted that the United States sponsored Free Trade Association of the Americas “is inevitable”.
“To talk about Mercosur doesn't make much sense”, indicated Mr. Touraine in a long interview with the Brazilian newspaper O'Globo. -
Monday, September 16th 2002 - 21:00 UTC
Argentines sceptical
Argentine voters are sceptical about a possible reversal to the current situation even with a new president, according to the latest poll published this weekend in Buenos Aires daily La Nación.
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Monday, September 16th 2002 - 21:00 UTC
Peruvian court rules against redundancy
Peru's Supreme Tribunal ruled the reinstatement of hundreds of employees left redundant by the country's telecommunications company. The ruling shocked the business community that is now assessing the impact on future investments.
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Monday, September 16th 2002 - 21:00 UTC
Privatization, “a wrong signal”
Chile's Economy Minister Jorge Rodríguez said that privatizing public utilities in the current world business climate “could be sending the wrong signal”.
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Monday, September 16th 2002 - 21:00 UTC
IMF fears “Brazil effect”
The International Monetary Fund, IMF, expressed concern that the international confidence crisis in Brazil could spread to the whole region given investors fear of growing risk.
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Monday, September 16th 2002 - 21:00 UTC
Chile's growth forecast downed
Chile's Central Bank downed to 2% the country's 2002 economic growth forecast and estimated that next year Chile will fluctuate between 3,5 and 4,5%, given adverse world conditions.
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Monday, September 16th 2002 - 21:00 UTC
European Union interest rates unchanged
The ruling body of the European Union Central Bank left the basic interest rate unchanged at 3,25% as anticipated by financial markets.
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Monday, September 16th 2002 - 21:00 UTC
Natural forest controversy
Chilean environmentalist groups with American financial support are interested in purchasing extensive natural forests tracks in Tierra del Fuego belonging to a frustrated woods exploitation project, according to Punta Arenas Prensa Austral.
