Stories for May 10th 2004

Monday, May 10th 2004 - 21:00 UTC

Chile's economy the most competitive in LA.

Chile continues as the most competitive economy in Latinamerica according to a report from the prestigious Swiss IMD Business Administration Institute.

Monday, May 10th 2004 - 21:00 UTC

Natural gas sources diversification

Chile announced the medium term diversification of its natural gas supplies and the creation of a consortium that will import the necessary volumes from different countries.

Monday, May 10th 2004 - 21:00 UTC

Peruvian president on the tight rope.

Fist line opposition leaders, members of Congress and even presidents of the 25 regional councils of Peru are demanding elections be advanced since there's a general feeling that President Alejandro Toledo's administration is rapidly nearing its end.

Monday, May 10th 2004 - 21:00 UTC

Argentine tourists returning to Chile

Strong recovery with positive prospects is how the Chilean Tourism Council (dependent from the National Chamber of Commerce) describes the performance of the Chilean tourism industry in 2003/04.

Monday, May 10th 2004 - 21:00 UTC

World's fourth exporter of turkey

Chile is the world's fourth main exporter of turkey, behind United States, France and Brazil, according to the Poultry Farmers Association of Chile, APA, based on information from the US Department of Agriculture.

Monday, May 10th 2004 - 21:00 UTC

Euro zone rate unchanged at 2%

The Governing Council of the European Central Bank decided last week to keep interest rates in the Euro zone unchanged at 2% as expected by markets. However, following ECB president Jean Claude Trichet comments analysts are convinced rates will be modestly increased in the coming months particularly towards the end of 2004.

Monday, May 10th 2004 - 21:00 UTC

Preparing for the next budget.

Provision of additional funds and proposals to the put forward to the forthcoming budget were approved by the Falkland Islands Standing Finance Committee in its April 30 meeting. The additional funds include £19,500 for a new edition of laws and £150,000 for medical treatment overseas.