Stories for January 29th 2004

Thursday, January 29th 2004 - 20:00 UTC

India, South Africa, Brazil political block

India, South Africa and Brazil will back each others claim for permanent seats in the United Nations Security Council said Brazilian president Luis Inacio Lula da Silva on ending his four day state visit to India.

Thursday, January 29th 2004 - 20:00 UTC

Kirchner satisfied with visit to Spain

Spanish president Jose Aznar gave its full support to Argentina and its current policies that have attained a recovery “far beyond what was expected”.

Thursday, January 29th 2004 - 20:00 UTC

Federal Reserve leaves rate unchanged at 1%

The Federal Reserve Open Market Committee unanimously decided Wednesday January 28 to keep its target for the federal funds rate at 1%, the lowest since 1958

Thursday, January 29th 2004 - 20:00 UTC

IMF approves first review of Argentine program

The International Monetary Fund, IMF, approved this Wednesday the disbursement of 358 million US dollars from a 13,3 billion US dollars stand by credit line agreed last September with Argentina.