Stories for June 30th 2005

Thursday, June 30th 2005 - 21:00 UTC

Chile's unemployment drops to 8,3%

Chile's national unemployment rate dropped to 8,3% in the March-May quarter, the lowest since the same period in 1998, according to the latest release from the National Statistics Institute.

Thursday, June 30th 2005 - 21:00 UTC

UN forecasts 3,25% world economy expansion for 2005

The world economy is forecasted to expand 3,25% this year compared to 4,1% in 2004 which in itself is “benign”, although it entails certain risks said Jose Antonio Ocampo Deputy Director of the United Nations Economic and Social Affairs Department on presenting a report on the world economy.

Thursday, June 30th 2005 - 21:00 UTC

“US recession much closer than imagined”

The chances of a United States recession or even a decline are closer than imagined warned Bill Gross, an influential financial guru who manages the largest mutual fund in the world with assets of 450 billion US dollars.

Thursday, June 30th 2005 - 21:00 UTC

Chile considering an atomic energy plant

Chile which is considering resorting to nuclear energy, signed Wednesday with Russia an agreement for the peaceful use of atomic energy in the framework of a bilateral cooperation program.

Thursday, June 30th 2005 - 21:00 UTC

Uruguay/Spain rift over immigration

Uruguayan minister of Foreign Affairs Reynaldo Gargano called on his countrymen to treat Spanish residents and visitors “politely” following a controversy with Madrid over the expulsion of Uruguayan immigrants.

Thursday, June 30th 2005 - 21:00 UTC

FOGL Granted Extension to Exploration Licences

FOGL announces that it has been granted a two year extension to its approximately 33,000 sq km licence held in joint venture with Hardman Resources, which owns 22.5% of the licence.