MercoPress. South Atlantic News Agency
Stories for August 11th 2003
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Monday, August 11th 2003 - 21:00 UTC
Argentina introduces new monitoring system
Under new regulations, large capacity fishing vessels operating in Argentine waters must use a new fishing vessel monitoring system (VMS) instead of the Satellite Fisheries Monitoring (Monpesat) system, which ceased operating early last year.
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Monday, August 11th 2003 - 21:00 UTC
Two month San Matías Gulf hake ban
Argentine hake (Merluccius hubbsi) fishing is to be banned in the San Matías Gulf for two months as for October 1, to protect the species during its most important spawning period. Río Negro province Department of Production has decided to ban hake fishing in the gulf from October through November 30 in the Río Negro fishing reserve north of parallel 41º 30'.
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Monday, August 11th 2003 - 21:00 UTC
Modest 1,5% growth forecasted for Latinamerica
Latinamerica's economy is expected to experience a modest 1,5% recovery during the current year, after suffering a negative growth of 0,6% in 2002 according to the latest release from the United Nations Economic Committee for Latinamerica, CEPAL.
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Monday, August 11th 2003 - 21:00 UTC
Chávez could abandon IMF
Venezuelan president Hugo Chavez insinuated that Venezuela could abandon the International Monetary Fund, IMF, if multilateralism “doesn't change” and keeps insisting in the promotion of “neo-liberal” economic policies.
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Monday, August 11th 2003 - 21:00 UTC
Strong primary budget surplus
The Argentine government consolidated sector is forecasted to finish 2003 with a strong primary budget surplus equivalent to 2,8% of GDP, well above target according to the private risk agency Fundación Capital.
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Monday, August 11th 2003 - 21:00 UTC
New leader for O'Globo empire
Brazil's main media conglomerate O'Globo has a new leader, Roberto Irineu Marinho, the eldest son of Mr. Roberto Marinho who died last week at the age of 98 and had become one of the most influential men of the country.
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Monday, August 11th 2003 - 21:00 UTC
National strike in Chile
Chilean unions have announced a national strike for next Wednesday when the country's Congress is scheduled to begin considering the free trade agreement signed with the United States and which was approved by an ample majority in the US Senate, 66 votes and 31 against.
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Monday, August 11th 2003 - 21:00 UTC
Breaking News Headlines
Natural marine reserve; Air traffic drop in Punta Arenas; Magallanes economy stagnant; Torres del Payne Tourist Chamber; Abattoir controversy; Two seasons in one day.
