MercoPress. South Atlantic News Agency
Stories for June 2005
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Saturday, June 18th 2005 - 21:00 UTC
Argentina complains about Italian “hostility”
Argentina admitted Friday that relations with Italy are at their “worst moment” and complained of continuous hostility from the Silvio Berlusconi administration, particularly in the several multilateral organizations.
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Saturday, June 18th 2005 - 21:00 UTC
Ecuador redistributes oil income
Ecuador's Congress will give preference to social programs over lowering national debt. The country's Congress voted 64-1 to amend the law regulating the so-called Stabilization, Productive and Social Investment and Public Debt Reduction Fund, FEIREP, which feeds on revenue from the country's rich oil exports.
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Saturday, June 18th 2005 - 21:00 UTC
World Bank support for Uruguay's five year reform plan
The World Bank, (WB), extended Uruguay three credits totalling 175 million US dollars earmarked for infrastructure and social development during the official inauguration this week in Montevideo of the bank's regional headquarters.
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Friday, June 17th 2005 - 21:00 UTC
Falklands in Sunday's Mercosur summit agenda
Mercosur Foreign Affairs ministers will be discussing next Sunday in Paraguay the European Union decision to include in its constitution the Falkland Islands, currently under British sovereignty, reported Thursday the Paraguayan press in Asunción.
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Friday, June 17th 2005 - 21:00 UTC
Argentine economy steaming ahead
Argentina's GDP expanded 8% in the first quarter of 2005 compared to the same period a year ago, and 0,5% over the fourth quarter of 2004, according to the latest release from the Statistics and Census Office.
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Friday, June 17th 2005 - 21:00 UTC
Argentina needs a “full time” Foreign Secretary
The influential Buenos Aires daily La Nación Thursday's main editorial called on Foreign Secretary Rafael Bielsa to resign because the Foreign Affairs ministry is a task of huge responsibility and therefore can't be in the hands of a “part time” official.
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Friday, June 17th 2005 - 21:00 UTC
Lula's top advisor, first victim of corruption scandal
Brazilian chief of staff Jose Dirceu resigned Thursday to return to Congress and “defend” himself against the expanding bribes scandal that is currently besetting President Lula da Silva's administration and the ruling Workers Party (PT).
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Friday, June 17th 2005 - 21:00 UTC
Penguin News Update.
Headlines:
Shearers do the Islands proud at world champs; Falklands upsets Argentina at UN meeting;
From FIBS to FIRS. -
Friday, June 17th 2005 - 21:00 UTC
Budget battle dominates EU leaders talks
Twenty-four European Union leaders confronted British Prime Minister Tony Blair on Friday and demanded he give up his country's multibillion dollar rebate in talks aimed at securing a new EU budget.
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Friday, June 17th 2005 - 21:00 UTC
In spite of record US deficit, expansion remains solid
The United States current account deficit widened 3,6% in the first quarter of this year to an all time record of 195,1 billion US dollars, following 188,4 billion in the last quarter of 2004, reported the US Department of Commerce.
