Unemployment in Santiago last September reached 13,4%, a 0,2% drop from the last quarter (April-June) and 0,3% less that a year ago, according to the Economics Department of the University of Chile.
The European Commission predicts a gradual recovery of Latinamerican economies in the next two years, particularly Argentina, but warns about slower growth in Venezuela and Uruguay.
Headlines: Q2 in Montevideo November 4; British college students explore southern Chile; Red tide warning.
European Union and Mercosur delegates participating in a business forum in Brasilia said they were confident that both regional blocks will reach a free trade agreement before 2005, even when differences subsist mainly in agriculture.
Uruguayan foreign debt is non payable and will need a considerable write off, indicated in Santiago Chilean economist Ricardo Ffrench-Davis working for the United Nations Economic Commission for Latinamerica, CEPAL.
The largest sewage treatment plant in Latin America capable of recycling some 75% of metropolitan Santiago wastewater and controlling water-spread diseases was inaugurated Wednesday by Chilean President Ricardo Lagos.
The threat of recession is behind and the Brazilian economy is ready to begin growing at an annual rate of 3%, said this week Central Bank president Henrique Meirelles.
Headlines: Poachers' job about to become tougher; Annual catch entitlement trading goes online; Chilean exporters concerned with US regulations; Spanish deep-sea fleet requests government aid; Spanish fleet reduced 3.4% in 2002; Spain wooing African countries for potential fisheries; Record catch of poachers in Australian waters.
Headlines:
Bingham wins in Supreme Court; £78,000 calcified seaweed machine disassembled; Sir Ranulph's marathon effort in the Falklands; Council questions; Islanders at meeting; Walking for veterans.