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Stories for August 11th 2003

• 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.

• 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'.

• 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.

• 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.

• 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.

• 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.

• 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.

• 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.