Stories for August 30th 2004

Monday, August 30th 2004 - 21:00 UTC

35,5 million US citizens below poverty line.

In spite of clear signals of economic recovery the number of poor people in the United States increased 1,3 million during 2003, reaching 35,9 million, according to the latest official data from the US Census Bureau.
Children and the black population seem to be the most vulnerable.

Monday, August 30th 2004 - 21:00 UTC

Unemployment remains stubbornly high.

Unemployment in Chile during the May-July quarter reached 9,7%, a tenth of a point above the April-June quarter and six tenths higher than in the same period a year ago.

Monday, August 30th 2004 - 21:00 UTC

Record private credit for Chilean salmon farming

Cultivos Marino Chiloé one of the top ten salmon farming industries in Chile managed to obtain a record syndicated loan of 61 million US dollars. The operation is considered a turning point for the industry which for the last twenty years has had private credit access difficulties.

Monday, August 30th 2004 - 21:00 UTC

Magallanes after NZ tourism know-how.

Nine tourism businessmen from Magallanes Region will be travelling to New Zealand for a two weeks market research and learning experience this week.

Monday, August 30th 2004 - 21:00 UTC

Falklands in Chilean cruise company itinerary.

A Chilean cruise company that begins operating next October from Punta Arenas has included Falkland Islands, South Georgia, South Shetland and Antarctica among its several options for this coming season.

Monday, August 30th 2004 - 21:00 UTC

Athens bids Games farewell.

The Olympic flame was extinguished just before 11 p.m. Sunday night in Athens, bringing to a close the 2004 Summer Games.

Monday, August 30th 2004 - 21:00 UTC

IMF praises Uruguayan “faster than expected recovery”.

The Executive Board of the International Monetary Fund (IMF) completed last Friday the fifth review under the SDR 2.13 billion (US$3.1 billion) Stand-By Arrangement (SBA) for Uruguay which makes available immediately SDR 139.8 million (about US$204 million).

Monday, August 30th 2004 - 21:00 UTC

Lan Chile raises air fares average 4%

Ballooning fuel prices have forced Lan Chile to increase international and domestic fares an average 4%, the Chilean flag air carrier announced last week.