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Stories for August 9th 2006

• Wednesday, August 9th 2006 - 21:00 UTC

  US interest rates unchanged, but inflation fears persist

  Following two years of steady increases and in spite of expressing concerns about increasing prices and wages, the United States Federal Reserve decided Tuesday to leave interest rates unchanged at 5.25%.

• Wednesday, August 9th 2006 - 21:00 UTC

  Kirchner reacts to US trade decision on GPS

  Argentine president Nestor Kirchner criticised Tuesday the possible end of preferential trade benefits announced earlier this week by the United States government.

• Wednesday, August 9th 2006 - 21:00 UTC

  Morales open to re-establishing political ties with Chile

  Bolivian President Evo Morales indicated this week he is prepared to re-establish foreign relations with Chile, notwithstanding the yet unresolved dispute over Bolivia's access to the Pacific Ocean.

• Wednesday, August 9th 2006 - 21:00 UTC

  Brazil's Lula comfortably heading for October victory

  Brazil's Luiz Inacio Lula da Silva who is seeking a second four-year term, is steadily gaining support as October first presidential election draws closer, according to public opinion surveys released Tuesday.