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Stories for August 2005

• Friday, August 26th 2005 - 21:00 UTC

  Brazil's inflation restless and record low unemployment

  Mid month thirty days consumer prices index in Brazil accelerated to 0,28% during August compared to 0,11% in July reported the Brazilian Geography and Statistics Institute, IBOPE.

• Friday, August 26th 2005 - 21:00 UTC

  World energy shortage threatening Asian expansion

  Oil's surging price threatens with slowing Asia's economic expansion, whose strong demand for crude is precisely one of the main reasons for the ballooning of crude, said International Monetary Fund Managing Director Rodrigo Rato.

• Friday, August 26th 2005 - 21:00 UTC

  Buenos Aires Councillors planning Falklands' trip

  Buenos Aires City Councillors have under consideration a project creating a special commission to honour the hundreds of Argentines “who sacrificed their lives in the Malvinas war”.

• Friday, August 26th 2005 - 21:00 UTC

  Venezuela opens fields to Chinese oil corporation

  Venezuela and China signed a “preliminary agreement” for a joint company to drill for light and heavy crude in eastern Venezuela, reported the government owned Petroleos de Venezuela, or PDVSA.

• Friday, August 26th 2005 - 21:00 UTC

  Penguin News Update.

  Headlines:
  Year 11 receive their GCSE results; Ring tones for Christmas; Fuel spillage due to failure in base of tank; Medi-vac to Monte; New vet takes up post.

• Friday, August 26th 2005 - 21:00 UTC

  Argentina expects record soybean and sunflower crop

  As Argentina's 2005/06 crop year gets under way, analysts say prospects are bright for a record soybean harvest and surging sunflower seed production, but corn and wheat output will slump.

• Friday, August 26th 2005 - 21:00 UTC

  Yuan closely monitored by Chinese Central Bank

  China is attempting to make the Yuan more flexible and so reflect demand and supply market forces, however a strong appreciation of the Chinese currency could be risky for the economy warned an outstanding Chinese economist.

• Friday, August 26th 2005 - 21:00 UTC

  Argentina world's fifth top grumpy

  Argentina has been voted the world's fifth top nation of moaners in a new survey by NOP World. Nearly a quarter of people questioned admitted having complained about something in the previous 12 months, Asian News International reported.

• Friday, August 26th 2005 - 21:00 UTC

  Uruguay, Brazil call for Mercosur reform

  Uruguay and Brazil have urged Mercosur partners Argentina and Paraguay to speed up an institutional reform of Mercosur in order to bring greater transparency and continuity to its policies, and put free trade talks with the European Union back on track.

• Thursday, August 25th 2005 - 21:00 UTC

  Lavagna paints rosy picture of Argentine agriculture

  The value of Argentine farmland increased 210% in the last four years and grain production 116% between 1993 and 2005, revealed Argentine Economy minister Roberto Lavagna during a meeting with farmers.