MercoPress. South Atlantic News Agency
Stories for October 2006
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Thursday, October 5th 2006 - 21:00 UTC
ECB ups basic rate to 3.25%, highest in five years
The European Central Bank increased on Thursday the basic interest rate of the Euro zone by 25 points to 3.25%, the highest in five years. This was the fifth time rates have been increased since last December.
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Thursday, October 5th 2006 - 21:00 UTC
Bolivian miners clash with dynamite: 12 dead
At least 12 people were killed and 57 seriously injured in Bolivia during an ongoing battle between different groups of miners for the control of a government owned tin mine in the region of Oruro.
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Wednesday, October 4th 2006 - 21:00 UTC
Antarctic Ozone hole is worst ever recorded.
This year's hole in the Antarctic ozone layer is the worst on record, not only matching that of the year 2000 in surface area but registering the largest depletion ever measured of the naturally occurring gas that filters out cancer- and cataract-causing ultraviolet (UV) rays; the United Nations meteorological agency reported yesterday.
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Wednesday, October 4th 2006 - 21:00 UTC
Oil should not fall below $60 a barrel
Venezuelan President Hugo Chavez said on Tuesday the price of oil should not fall below $60 a barrel, two days after the OPEC country cut its production to stem price declines.
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Wednesday, October 4th 2006 - 21:00 UTC
Paraguay hardens U.S. military stance
Paraguay's decision to refuse diplomatic immunity for U.S. troops and not to renew a military cooperation pact sparked debate Tuesday, with analysts calling the developments a blow to U.S. attempts to improve regional ties.
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Wednesday, October 4th 2006 - 21:00 UTC
Latinos debate forming regional force
Latin American defense ministers debated forming a regional peacekeeping force Tuesday, while the top U.S. defense official urged nations at a hemispheric conference to work together to combat drug trafficking and terrorism.
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Wednesday, October 4th 2006 - 21:00 UTC
Domecq Garcia shipyard comes to life again
The Domecq García shipyard, tucked away in the southern corner of the City of Buenos Aires, is slowly coming to life again after having been stripped by the neoconservative economic policies applied in the 90s.
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Wednesday, October 4th 2006 - 21:00 UTC
Chilean Saieh group acquires hotel assets
Chile's Saieh family announced yesterday that it has acquired the assets of three hotels that used to be controlled by Arab magnate Gaith Pharaon, one in Buenos Aires, one in Santiago and one in Carmelo, Uruguay.
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Wednesday, October 4th 2006 - 21:00 UTC
Dow Jones industrials hit record
Wall Street's blue-chip Dow Jones index closed at a record high last night as investors cheered tumbling world oil prices, which should boost corporate profits and ease fears of US inflation.
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Wednesday, October 4th 2006 - 21:00 UTC
Uribe willing to talk
Colombian President Alvaro Uribe said yesterday he was willing to hold peace talks with the country's Marxist rebel leaders, a softening of his stance against guerrillas fighting a 42-year-old insurgency.
