Stories for August 28th 2003

Thursday, August 28th 2003 - 21:00 UTC

“Antarctic Dream” cruise next December

Magallanes Region businessmen have invested over four million US dollars in refurbishing and converting a former Chilean Navy support vessel into the Antarctic tourist cruise, “Antarctic Dream”.

Thursday, August 28th 2003 - 21:00 UTC

High praise for Governments in toothfish wars.

Legal toothfish operators around the world have today applauded the international operation led by the Australian government, which has seen the capture of the Uruguayan flagged Viarsa.

Thursday, August 28th 2003 - 21:00 UTC

Anti-monopoly Tribunal in Chile

Magallanes Region Deputy Zarco Luksic from the ruling Chilean coalition praised the recent approval of a bill creating the Free Competition Defence Tribunal, with the purpose of promoting free market conditions in all industries, correcting or sanctioning monopoly situations contrary to consumers' interest.

Thursday, August 28th 2003 - 21:00 UTC

Nobel Prize praises President Lula da Silva

The business environment in Brazil experienced an “enormous advance” since the beginning of the current Luis Inacio Lula da Silva administration said 2001 Economics Nobel Prize winner Joseph Stiglitz.

Thursday, August 28th 2003 - 21:00 UTC

Carrasco Airport in private hands

The management of Uruguay's main international airport, Carrasco, will be in private hands for the next thirty years following this Wednesday public tender in Montevideo's Stock Exchange.

Thursday, August 28th 2003 - 21:00 UTC

Soaring US budget deficit

United States Congressional Budget Office, CBO, estimated this week the US budget deficit will reach a record 480 billion US dollars in 2004.

Thursday, August 28th 2003 - 21:00 UTC

US suggestions for Mr. Kirchner

Untied States has suggested to Argentine president Nestor Kirchner, who provided a warm welcome to Fidel Castro last May and more recently to Venezuela's Hugo Chavez, that his administration reconsider the country's relative uncritical position towards Cuba.

Thursday, August 28th 2003 - 21:00 UTC

Two out of five Latinamericans live in poverty

Some 220 million Latinamericans that is two out of five, in 2002 lived in poverty of which 95 million live miserably, according to the latest report from the United Nations Economic Commission for Latinamerica and the Caribbean, Cepal.