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Stories for July 2004

• Monday, July 19th 2004 - 21:00 UTC

  How to live on 596 US dollars monthly.

  Eight out of ten Brazilian families have difficulties paying their bills and stretching earnings to reach the end of the month according to a report from the Brazilian Geography and Statistics Institute, IBGE.

• Monday, July 19th 2004 - 21:00 UTC

  Chaos and complaints against Lan.

  Punta Arenas airport suffered two days of chaos when hundreds of Lan passengers were left stranded and protesting following delays in arrivals and departures because of adverse climate conditions.

• Monday, July 19th 2004 - 21:00 UTC

  Interest rate hike threat for Latinamerica.

  The World Bank's main economist for Latinamerica and the Caribbean said that insufficient investment in education and accumulated debt are the main threats to the region's economies, particularly now that the US Federal Reserve has began to raising interest rates.

• Monday, July 19th 2004 - 21:00 UTC

  Slight drop in Chinese growth .

  Chinese authorities seem to have been successful in slowing down the country's overheated economic growth.
  According to the latest data GDP growth during the second quarter reached 9,6%, down from 9,8% in the first quarter, and far below the expected 10,5% on an annual basis.

• Monday, July 19th 2004 - 21:00 UTC

  Stable prices in US and EU.

  Retail prices in United States increased 0,3% during June signaling inflation is not an immediate risk for the world's leading economy. According to the latest release from the US Department of Labor the June index marked an important drop from May when retail prices jumped 0,6%.

• Monday, July 19th 2004 - 21:00 UTC

  Argentina remembers terrorist attack.

  Thousands of people gathered this Sunday in downtown Buenos Aires to remember the tenth anniversary of the 1994 bombing of an Argentine Jewish community center, AMIA, that killed 85 and left 360 maimed or injured

• Monday, July 19th 2004 - 21:00 UTC

  Bolivians support oil industry referendum.

  A clear victory for the referendum on the oil industry sponsored by the Bolivian government was expected this Sunday after the closing of voting polls and a first projection of vote count

• Sunday, July 18th 2004 - 21:00 UTC

  Brazilian minister optimistic about the economy.

  Brazil's Finance Minister expressed optimism about the country's economic growth potential in 2004, forecasting that the gross domestic product (GDP) could rise by 5% or more this year.

• Sunday, July 18th 2004 - 21:00 UTC

  Venezuelan referendum heats up.

  The possibility that more polling stations will be set up in Venezuela because of large numbers of new voters became a new source of dispute between President Hugo Chavez's supporters and the opposition, a month before the August 15 recall referendum.

• Saturday, July 17th 2004 - 21:00 UTC

  Kirchner still strong with 63% support.

  Argentine president Nestor Kirchner public opinion standing dropped another ten points during the last month but still remains one of the highest in the last twenty years with a 63% approval rating, 26% not convinced and 11% rejection.