MercoPress. South Atlantic News Agency
Stories for January 27th 2005
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Thursday, January 27th 2005 - 20:00 UTC
US weak dollar could generate “abrupt and global correction”
United States can't depend on a weak dollar as the only instrument to soften its growing trade deficit, it should rather contain outlays and increase savings, otherwise the world economy could experience a severe shock, warned the United Nations Department of Economic and Social Affairs.
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Thursday, January 27th 2005 - 20:00 UTC
UN forecasts 4% Latinamerican growth in 2005.
United Nations economic prospects for 2005 forecast 4% growth in Latinamerica and the Caribbean, above the world's 3,25% but below the 5,5% of 2004.
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Thursday, January 27th 2005 - 20:00 UTC
Ozone keeps thinning say German experts.
The ozone layer which protects the Earth's atmosphere has the lowest concentration percentages in almost two decades according to reports from the German Weather Forecasting Institute, DWD, in Offenbach.
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Thursday, January 27th 2005 - 20:00 UTC
Spain supports Argentine debt exchange program.
Spanish President Jose Luis Rodriguez Zapatero ended Wednesday his first official visit to Argentina pledging to help the country fully recover from its economic crisis and create a better business climate for Spanish companies.
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Thursday, January 27th 2005 - 20:00 UTC
World tourism industry expanded 10% in 2004
World tourism expanded 10% in 2004, involving 760 million international visits, revealed Francesco Frangialli during the opening of the XXV International Tourism Fair, Fitur 2005 in Madrid, Spain.
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Thursday, January 27th 2005 - 20:00 UTC
Govt. preparing mining code overhaul.
The Falkland Islands government's mineral resources department is preparing a draft mining bill to go before the British territory's legislative council, department director Phyllis Rendell told BNamericas.
