Stories for July 12th 2005

Tuesday, July 12th 2005 - 21:00 UTC

Four year low US unemployment, 5%

United States companies created 146,000 jobs last June, below Wall Street expectations, but the unemployment index dropped to a four year low of 5%.

Tuesday, July 12th 2005 - 21:00 UTC

Fed anticipates further increase in interest rates

Richmond Federal Reserve president Jeffrey Lacker said it was too soon to anticipate when the United States central bank would interrupt the current higher interest rates tendency and on the contrary suggested further increases.

Tuesday, July 12th 2005 - 21:00 UTC

An 8 million US dollars Brazilian bishop

The Brazilian federal police arrested Monday a Congressman and several members of the Universal Church who were about to take off in a private plane from Brasilia airport carrying luggage stuffed with millions of US dollars.

Tuesday, July 12th 2005 - 21:00 UTC

Chileans proud of government managed copper industry

Nine out of ten Chileans oppose the privatization of Codelco, the country's top corporation and further more favour keeping the huge copper industry as well as its petroleum and other mining enterprises in government hands, revealed a report published Monday in Santiago's La Nacion.

Tuesday, July 12th 2005 - 21:00 UTC

Ushuaia preparing to receive Queen Mary II

The port of Ushuaia has formally requested funds from the Argentine federal government for the extension of the main pier, making it one of the few ports in the world where the new generation of cruise vessels can dock.

Tuesday, July 12th 2005 - 21:00 UTC

Mercosur countries CAN associate members

Mercosur full members have become associate members of the Andean Community of Nations, CAN, reported the Peruvian Foreign Affairs Ministry press office in Lima.