Stories for October 15th 2005

Saturday, October 15th 2005 - 21:00 UTC

Chinese economy keeps expanding above 9%

The Chinese economy is forecasted to decelerate slightly in the second half although overall 2005 growth will remain at a quick pace given the massive influx of foreign investment and greater credit flexibility, according to the China Securities Journal.

Saturday, October 15th 2005 - 21:00 UTC

US budget deficit down to 2,6% of GDP

United States budget deficit was down to 319 billion US dollars at the end of fiscal 2005, almost 100 billion less than last year's 413 billion US dollars reported Friday the US Treasury.

Saturday, October 15th 2005 - 21:00 UTC

US recorded highest inflation in 25 years

United States consumer prices ballooned last September to its highest in 25 years, 1,2%, as a direct consequence of fuel prices and the hurricanes Katrina and Rita, reported the US Labour Department.

Saturday, October 15th 2005 - 21:00 UTC

EU demands access to G20 services markets

No agreement can be reached in agriculture in World Trade Organization talks if emerging countries, particularly from Latinamerica, don't open their markets to industrial goods and services, said Friday European Union Trade Commissionaire Peter Mandelson.

Saturday, October 15th 2005 - 21:00 UTC

Air supplies for drought stricken Amazon basin

The drought in the Amazon basin which has limited navigation in many tributaries leaving thousands of people short of food, water and medicine has began moving east reported Brazilian authorities.

Saturday, October 15th 2005 - 21:00 UTC

Lan resumes flights Punta Arenas-Ushuaia

Lan Chile advanced its season's flights between Punta Arenas and Ushuaia, --Argentine Tierra del Fuego? a month and a half because of the strong demand.