Arguing that possible increases in resource utilization as well as elevated energy prices have the potential to add inflation pressures the Federal Reserve Open Market Committee decided Tuesday to raise its target for the federal funds rate by 25 basis points to 4.5%.
The Organization of the Petroleum Exporting Countries, (OPEC) oil ministers decided Tuesday in Vienna to keep the official quota of 28 million bpd while the group's second biggest producer Iran, locked in a dispute over its atomic program, gave assurances it would not halt its exports.
The United States Senate approved Tuesday the nomination of Ben Bernanke to be the next chairman of the Federal Reserve, generally considered the most influential economic policy job in the world.
Since 2004, the National Institute for Fisheries Research and Development (INIDEP) has been carrying on a capture-mark-recapture programme for Patagonian toothfish (Dissostichus eleginoides), aimed at providing relevant information about this resource management in the South-western Atlantic ocean.
The oldest daughter of former dictator Gen. Augusto Pinochet returned to Chile Saturday to face tax evasion charges after dropping a surprise bid for political asylum in the United States, where she said she lived a nightmare.
ADMIRAL Sir Alan West, First Sea Lord and Chief of the Naval Staff, back in the Falklands last week says that visiting the Islands is, always a very emotional experience.
United States economic growth slowed to its weakest rate in three years in the last quarter of 2005 ending the year with an overall expansion of 3.5%, down from the 4.2% of 2004.
A Honda hybrid sedan was launched Friday in the Mexican market, which became the first Latin American country to offer consumers a car that runs on both gasoline and electricity.
Brazil will send another mission to the United Kingdom to investigate the death of the national Jean Charles de Menezes, shot dead by British police who mistook him for a terrorist, the Foreign Affairs ministry announced Friday in Brasilia.
Unemployment in Chile dropped to 6.9% during the last quarter of 2005 ending the twelve months with 8%, the lowest since 1998 reported Friday the Chilean Statistics Institute.