MercoPress. South Atlantic News Agency
Stories for May 18th 2005
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Wednesday, May 18th 2005 - 21:00 UTC
Bolivia makes effective controversial oil bill
Bolivia's Congress president Hormando Vaca Diez signed Tuesday a controversial hydrocarbons bill substantially increasing royalties and taxes on foreign oil and gas companies operating in the country, and which President Carlos Mesa originally threatened to veto.
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Wednesday, May 18th 2005 - 21:00 UTC
Mounting losses in Chubut fisheries conflict
The month long conflict which has paralyzed the Argentine Patagonia Chubut province fisheries industry has forced the destruction and dumping of 59 tonnes valued in 80,000 US dollars reports La Nación. Forty seven tons were stored in freezer depots belonging to a processing plant and another twelve in a vessel docked in the port of Rawson.
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Wednesday, May 18th 2005 - 21:00 UTC
Mercosur-Canada trade round
Mercosur and Canadian delegates began Tuesday in Asuncion, Paraguay a second round of negotiations with the purpose of reaching an understanding in goods, services and investments.
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Wednesday, May 18th 2005 - 21:00 UTC
Spain to check illegal immigrants “hot routes”
Spanish authorities currently tightening migration controls announced that airlines flying into Spain in the near future will have to report all passengers' names, announced Interior Minister Jose Antonio Alonso.
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Wednesday, May 18th 2005 - 21:00 UTC
Saudi Arabia promises more oil
Saudi Arabia oil reserves are abundant and the Riyadh government is prepared to increase production in response to world demand said Saudi Energy and Mines minister Ali Al-Naimi in Washington.
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Wednesday, May 18th 2005 - 21:00 UTC
US intensifies pressure on Chinese Yuan
United States called on China to reform its “distorting” exchange rate policies and warned that Beijing could be accused of currency “manipulation”.
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Wednesday, May 18th 2005 - 21:00 UTC
US and Argentina agree to tighten port security
Last Monday, Argentina became the first Latin American country to reach an agreement on the optimization of container security with the United States.
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Wednesday, May 18th 2005 - 21:00 UTC
Greenpeace's Argentine skipper gets six months
An Argentine environmentalist was yesterday found guilty of blocking a warship two years ago and sentenced to six months in prison by a Spanish court.
