MercoPress. South Atlantic News Agency
Stories for May 2004
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Tuesday, May 11th 2004 - 21:00 UTC
Latinamerican markets collapse.
Latinamerican financial markets and currencies this Monday kept sliding as they did towards the end of last week given investors fears of a rise in United States interest rates.
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Tuesday, May 11th 2004 - 21:00 UTC
Ammoniac explosion leaves 67 injured in Montevideo
The explosion early Monday of an ammoniac tank in a Korean jigger moored in Montevideo left 67 people hospitalized of which five in pharmacological comma, 19 in intensive care units and the rest with different degrees of intoxication.
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Tuesday, May 11th 2004 - 21:00 UTC
Ships return from South Atlantic.
Two Royal Navy ships returned to Portsmouth within hours of each other after long deployments to the South Atlantic.
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Tuesday, May 11th 2004 - 21:00 UTC
Malvinas veterans planning to charter a ship.
Argentine Malvinas veterans are thinking of chartering a vessel to travel to the Falkland Islands for the inauguration of the recently finished Memorial in Darwin, “if the Islanders won't allow us to charter a flight”, reports Clarín from Buenos Aires.
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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.
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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.
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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.
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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.
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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.
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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.
