MercoPress. South Atlantic News Agency
Stories for August 2004
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Friday, August 27th 2004 - 21:00 UTC
Penguin News Update.
Headlines:
A short, snowy shock; Chief Executive responds to Forbes' agents; Illex 2005 forecast is discouraging; GCSE results arrive;Wedding holiday approved. -
Friday, August 27th 2004 - 21:00 UTC
Brazilian bank warns about oil and inflation
If oil prices remain strong in world markets and inflation estimates for 2005 do not begin to fall, the Monetary Policy Committee of the Brazilian Central Bank will “adopt a more active monetary policy attitude”, that is the basic SELIC interest rate could further raise.
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Friday, August 27th 2004 - 21:00 UTC
IMF-Argentina third review “delayed”
The International Monetary Fund, IMF, said Thursday that the third review of the 13 billion US dollar agreement with Argentina is “delayed” but not suspended since both sides continue negotiations in the framework of very cordial relations.
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Friday, August 27th 2004 - 21:00 UTC
Pinochet stripped of immunity from prosecution
The Chilean Supreme Court cleared the way Thursday for former dictator Augusto Pinochet to be prosecuted for his role in the killing and torturing of thousands of leftists during his iron fisted rule (1973/1990), but it is still to be seen if the aging general suffering from “dementia” will eventually stand trial.
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Thursday, August 26th 2004 - 21:00 UTC
Chile plans national park in Tierra del Fuego
A feasibility project for the creation, design and management of a Tierra del Fuego Regional Park was signed this week between Chilean government officials and a private company Sustentable.
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Thursday, August 26th 2004 - 21:00 UTC
Tourism, Peru's second export industry
Tourism has become Peru's second-largest source of revenue after mining bringing in some $832 million said President Alejandro Toledo
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Thursday, August 26th 2004 - 21:00 UTC
G7 concerned with Argentina
G 7, the seven richest countries of the world group is concerned with the postponement until December of the third Argentina-IMF review fearing it could further delay the restructuring process of the defaulted Argentine sovereign debt according to G 7 sources.
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Thursday, August 26th 2004 - 21:00 UTC
Brazil and Norway consider oil industry association
Petrobras and Statoil, Brazilian and Norwegian government owned oil companies are considering an association with the purpose of participating in the oil exploration and production round Venezuela will be calling before the end of the year.
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Thursday, August 26th 2004 - 21:00 UTC
Gas and oil discovery in Colombia.
A field with large reserves of natural gas and smaller quantities of oil was discovered by Colombia's government oil company Ecopetrol in an area abandoned by the US company Occidental, announced Colombian Mines and Energy minister Luis Ernesto Mejía.
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Thursday, August 26th 2004 - 21:00 UTC
Chile promotes dairy and beef exports.
During the first half of this year Chile exported 36,8 million US dollars of dairy products, 61% above the same period in 2003 according to the head of the Agriculture Research and Policies Office, Carlos Furche.
