Stories for June 26th 2006

Monday, June 26th 2006 - 21:00 UTC

Lula da Silva's administration, the second most corrupt

Brazilian president Luiz Inacio Lula da Silva administration is the second most corrupt in the country's recent history according to a survey from the Perseu Abramo Foundation belonging to the Workers Party which last Saturday confirmed Lula's re-election bid.

Monday, June 26th 2006 - 21:00 UTC

Cuba to sign economic treaty in Mercosur summit

Cuba will sign a multilateral economic complementation agreement with Mercosur at the end of July when the group's presidential summit scheduled to be held in Cordoba, Argentina. However the participation of Fidel Castro has not been confirmed.

Monday, June 26th 2006 - 21:00 UTC

Good and bad news for Uruguay's pulp industry

A Canadian forestry company has shown interest in establishing a pulp mill in Uruguay, which would be the fourth undertaking of this nature, reports the Montevideo press.

Monday, June 26th 2006 - 21:00 UTC

Colombian guerrilla proposes “political solution”

Colombia's largest guerrilla group called for a political solution to the country's decades long internal armed conflict with a “prisoners exchange” as the first step in that direction.

Monday, June 26th 2006 - 21:00 UTC

EU stands firm ahead of WTO meeting

France and Finland said Monday in Paris that the European Union will make no new tariff reduction proposals for farm produce at the World Trade Organization (WTO) meeting next Thursday in Geneva.

Monday, June 26th 2006 - 21:00 UTC

Buenos Aires and Montevideo among cheapest cities

Moscow has replaced Tokyo as the world's most expensive city, according to the latest Cost of Living Survey from Mercer Human Resource Consulting. Seoul is in second place, climbing three places since last year and Tokyo moves down two positions in the rankings to take third place, followed by Hong Kong.