Stories for February 18th 2003

Tuesday, February 18th 2003 - 21:00 UTC

Greenspan cautions

US Federal Reserve Chairman Alan Greenspan warned that uncertainties over a possible war against Iraq are weakening US economic growth, creating “formidable barriers to new investment and thus to the resumption of a vigorous expansion of overall economic activity”.

Tuesday, February 18th 2003 - 21:00 UTC

Breaking News

Headlines: Punta Arenas loosing to Ushuaia; Milk scare; Wine exports up; Ushuaia, Calafate and Puerto Madryn; Santiago airport and Lan Chile praises; The most obese in Chile.

Tuesday, February 18th 2003 - 21:00 UTC

Foreign investment drops

Foreign investment in Chile during 2002 dropped 33% compared to 2001, from 5,622 billion US dollars to 3,768 billion, according to the country's Foreign Investments Committee vicepresident, Karen Poniachik.

Tuesday, February 18th 2003 - 21:00 UTC

Central Bank scandal

The most trusted secretary of Chile's Central Bank president and her lover a Santiago stock exchange broker, were sentenced to jail on several accounts of bribery, fraud and violation of electronic data secrecy.