MercoPress. South Atlantic News Agency
Stories for 2005
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Saturday, November 12th 2005 - 20:00 UTC
Chile, spring board for Chinese companies in Latam
Chile which is signing a free trade agreement with China next week expects to become the Latinamerican spring board for the Asian giant business in the region.
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Saturday, November 12th 2005 - 20:00 UTC
Copper's 7 billion US dollars for Chilean coffers
Over seven billion US dollars will end in the Chilean Treasury in 2005 as a consequence of the booming prices of copper and molybdenum, with Codelco, the government owned company providing 5,3 billion US dollars.
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Saturday, November 12th 2005 - 20:00 UTC
Avian influenza pandemic could cost 800 billion
A pandemic of avian influenza among humans could cost the global economy 800 billion US dollars a year. That's the assessment of Milan Brahmbhatt, a senior economist with the World Bank's East Asia and Pacific region.
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Saturday, November 12th 2005 - 20:00 UTC
Petrobras record earnings and rising extraction costs
Brazilian government owned Oil Company Petrobras announced Friday a record high third-quarter net profit on a rise in output and fuel prices. Net consolidated profit was the equivalent of 2.6 billion US dollars, below market estimates, plus signs of rising oil extraction costs.
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Saturday, November 12th 2005 - 20:00 UTC
Hezbollah denies Buenos Aires bombing
The Lebanese branch of the Shiite Hezbollah group, allegedly supported by Iran, denied any participation in the attack on the Buenos Aires Jewish community centre AMIA and also denied that militant Ibrahim Hussein Berro was involved in the action.
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Friday, November 11th 2005 - 20:00 UTC
WTO Hong Kong accord delayed until early 2006
World Trade Organization Secretary General Paul Lamy defended Thursday the decision to delay until early next year a global free trade agreement warning that “the risk of failure was too great”.
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Friday, November 11th 2005 - 20:00 UTC
Peru freezes Mercosur natural gas supply project
Peru denied Thursday that the current maritime limits conflict with Chile or the Fujimori incident were related to the cancellation of its participation in the regional energy network project which was to be addressed this week in Buenos Aires.
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Friday, November 11th 2005 - 20:00 UTC
Free trade benefits estimates according to World Bank
Abolition of tariffs, subsidies and domestic support programs would boost global welfare by nearly 300 billion US dollars per year by 2015, says a new World Bank research study, Agricultural Trade Reform and the Doha Development Agenda.
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Friday, November 11th 2005 - 20:00 UTC
October record trade surplus for China
China's trade surplus jumped to a record 12 billion US dollars in October compared to 7,6 billion in September, reported Thursday China's Customs Office.
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Friday, November 11th 2005 - 20:00 UTC
Katrina and oil blamed for US trade deficit
Record oil prices following the Katrina hurricane and a drop in exports soared United States trade deficit to 66.1 billion US dollars last September, the highest so far in 2005.
