Stories for August 1st 2004

Sunday, August 1st 2004 - 21:00 UTC

Falklands' delegation prepares for TravelMart.

A delegation from the Falkland Islands is preparing for the TravelMart Latin America 2004 edition that will be taking place in Foz do Iguazu, Brazil between September 29 and October first.

Sunday, August 1st 2004 - 21:00 UTC

Record US budget deficit.

The US budget deficit is forecasted to reach this year a record 445 billion US dollars compared to 375 billion in 2003, but considerably less that the 521 billion estimate of last February. (Fiscal 2004 ends next September 30)

Sunday, August 1st 2004 - 21:00 UTC

Brazil overshoots target.

Brazil managed a primary budget surplus during the first half of 2004 equivalent to 5,76% of GDP, clearly overshooting the target agreed with the IMF.

Sunday, August 1st 2004 - 21:00 UTC

Hundreds killed in mall blaze in Asuncion.

At least 283 people have died and hundreds more are injured in a fire at a Sunday crowded shopping mall in Asuncion, Paraguay's capital according to the latest hospital reports.