Stories for 2005 , page 160

Wednesday, March 30th 2005 - 21:00 UTC

Investors' confidence in Argentina “will take time”

The absence of a strong Judiciary branch upholding the law together with the lack of consolidated political parties unable to free themselves from permanent internal bickering is Argentina's main problem argues Professor Victor Bulmer-Thomas.

Wednesday, March 30th 2005 - 21:00 UTC

Venezuela increases proven oil reserves.

Venezuela's state-run oil company increased its proven oil reserves by 192 million barrels after drilling at two fields in eastern Venezuela, the company said in a statement this week.

Wednesday, March 30th 2005 - 21:00 UTC

World fisheries beware: China is coming

China is fast becoming a formidable sea power of the other marine variety. It doesn't yet have monstrous aircraft carriers capable of delivering awesome fire power in the world's seven seas, but there is a huge fleet of small fishing trawlers flying Chinese flags that sail the ocean blue.

Wednesday, March 30th 2005 - 21:00 UTC

Argentine bonds unfrozen but held for appeal

A New York federal judge on Tuesday unblocked freezes put on up to $7 billion in defaulted Argentine bonds but then agreed to keep the freezes in place while creditors appealed the ruling.

Wednesday, March 30th 2005 - 21:00 UTC

South Georgia Fishing Licences Announcement

A spokesman for the Government of the South Atlantic island of South Georgia, which has its seat in Government House in the Falklands, yesterday made the following announcement regarding the annual award of licences to fish for toothfish in the Island's waters:

Wednesday, March 30th 2005 - 21:00 UTC

Mercosur “surprised” by EU uncompromising stance

Mercosur and European Union talks seem to have stalled again following an unsuccessful meeting in Brussels during March, according to the South American block diplomatic sources.

Wednesday, March 30th 2005 - 21:00 UTC

Newfoundland blames Galicia for its decline

Newfoundland on Canada's Atlantic coast has lost 11.000 jobs and a hundred fish processing plants in the last decade.

Wednesday, March 30th 2005 - 21:00 UTC

Improving employment situation in Chile

Unemployment in Magallanes Region during the December-February quarter increased 0,7 to 6,3%, compared to the same period a year ago (5,6%), but dropped against the previous quarter 6,5%. Chile's national average was 7,6%.

Wednesday, March 30th 2005 - 21:00 UTC

IMF and USA praise Brazilian economic policies

IMF Managing Director Rodrigo de Rato said in Washington he fully approves Brazil decision not to sign a new stand by agreement and anticipated that the relation between President Lula da Silva's administration and the IMF will remain very close.

Tuesday, March 29th 2005 - 21:00 UTC

Brazil: “No longer to subordinate to IMF”

Brazil announced Monday that it will not renew the stand-by credit agreement it signed with the IMF in September 2002 because the good shape of the national economy makes it superfluous