MercoPress. South Atlantic News Agency
Stories for December 15th 2004
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Wednesday, December 15th 2004 - 20:00 UTC
US support for Argentina's “responsible efforts”
United States Secretary of State Colin Powell expressed support for Argentina's economic policy said Foreign Affairs Minister Rafael Bielsa after a private meeting in the US State Department.
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Wednesday, December 15th 2004 - 20:00 UTC
Federal Reserve raised basic rate to 2,25%
The United States Federal Open Market Committee unanimously decided Tuesday to raise its target for the federal funds rate by 25 basis points to 2,25%, the fifth increase since June. The decision was anticipated by money markets.
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Wednesday, December 15th 2004 - 20:00 UTC
Brazil and Argentina clash over trade
Brazil is considering restricting Argentine imports if Argentina insists in limiting the access of Brazilian exports, according to reports published Tuesday in Rio do Janeiro's press.
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Wednesday, December 15th 2004 - 20:00 UTC
Second anniversary of EU-Chile trade agreement
Chile celebrated Tuesday the second anniversary of the signing of the association agreement with the European Union which has seen bilateral trade expand from 7,3 billion US dollars in 2002, to 8,3 billion in 2003 and a forecast of 10 billion for 2004.
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Wednesday, December 15th 2004 - 20:00 UTC
ENAP to drill for gas in Tierra del Fuego
Natural gas exploration in Chilean Tierra del Fuego has been given the green light from the Environmental Office following the approval of the Environment Impact for the ten million US dollar project.
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Wednesday, December 15th 2004 - 20:00 UTC
Hotels and casinos in Antarctica?
Antarctic Treaty members must define if tourism is a compatible activity for Antarctica, (including hotels and casinos), and an environmental assessment is an important starting point, said visiting Professor Daniel Bodansky during a conference in Punta Arenas.
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Wednesday, December 15th 2004 - 20:00 UTC
Repsol-YPF finds natural gas in Venezuela
Spanish oil company Repsol YPF discovered natural gas at an exploratory well in the Barrancas project, south-western Venezuela, the company said in a statement Tuesday.
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Wednesday, December 15th 2004 - 20:00 UTC
Sky Airlines about to land in Punta Arenas
Sky Airlines is ready to land in Punta Arenas Wednesday after having completed all procedures and established a sales counter in the city.
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Wednesday, December 15th 2004 - 20:00 UTC
Lifesaver for financially strapped Varig
A Brazilian court ruled Tuesday that the government must pay millions of dollars in compensation to financially strapped Varig airlines for losses the carrier incurred during the administrative 1984-1992 freeze on airfares.
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Wednesday, December 15th 2004 - 20:00 UTC
Cardoso challenges President Lula's “invincibility”
Former Brazilian President Fernando Henrique Cardoso said Tuesday that President Luiz Inacio Lula da Silva's strong popularity does not mean he will be “unbeatable” in Brazil's 2006 elections.
