MercoPress. South Atlantic News Agency
Stories for March 1st 2006
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Wednesday, March 1st 2006 - 21:00 UTC
Brazil upgrade disappoints traders
Brazil government debt prices eased slightly yesterday after a rating agency upgraded Brazil's credit but left its outlook stable, knocking investors' expectations of further upgrades in the near future.
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Wednesday, March 1st 2006 - 21:00 UTC
Unemployment drops a full percentage point
Unemployment in Argentina fell to 10.1 percent in the fourth quarter of last year from 11.1 in the third quarter.
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Wednesday, March 1st 2006 - 21:00 UTC
Uruguay bans smoking in enclosed public places
Uruguay has become the first country in South America and fifth in the world to ban smoking in enclosed public places.
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Wednesday, March 1st 2006 - 21:00 UTC
UK calls for a refocusing of IMF
The International Monetary Fund needs to refocus its goals in order to reflect the changing world economy, said British Chancellor of the Exchequer Gordon Brown.
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Wednesday, March 1st 2006 - 21:00 UTC
EU funds for de-mining operations in Magallanes
The European Union awarded funds to Chile for mine-clearance operations in the extreme south of the country, announced Chile's Defence minister Jaime Ravinet during the launching of similar operations in the northeast of the country, next to the Argentine border and close to Bolivia.
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Wednesday, March 1st 2006 - 21:00 UTC
New Foreign Office Permanent Under Secretary
Following a civil service-wide competition for the post of Permanent Under Secretary at the Foreign and Commonwealth Office, Sir Peter Ricketts has been appointed in succession to Sir Michael Jay, who will be retiring from the Diplomatic Service in July.
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Wednesday, March 1st 2006 - 21:00 UTC
High rates and weak US dollar plunged Brazil's growth
The poor showing of Brazilian agriculture, higher interest rates and a cheaper US dollar had a direct impact in the performance of the Brazilian economy in 2005, which expanded (2.3%) at less than half the 2004 rate, 4.9%.
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Wednesday, March 1st 2006 - 21:00 UTC
Fuel prices make LAN profits drop 10.3% in 2005
High fuel prices had a direct impact in Chile's flag carrier Lan profits in 2005 which reached 146 million US dollars, a 10.3% drop compared to 2004.
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Wednesday, March 1st 2006 - 21:00 UTC
Games team is ready for Melbourne
THE Falklands Commonwealth Games Team starts heading to Melbourne next weekend. Most of the team will leave on March 4 while shooter Saul Pitaluga heads to Australia from the UK a week later.
