MercoPress. South Atlantic News Agency
Stories for 2006
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Monday, June 12th 2006 - 21:00 UTC
US inflation fears cause a markets' black Monday
World financial markets plummeted Monday following fears by investors that the United States Federal Reserve might raise interest rates at the end of the month which could cause slow economic growth combined with sustained inflation.
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Sunday, June 11th 2006 - 21:00 UTC
US insists in global trade agreement by end of July
Newly confirmed United States Trade Representative Susan Schwab said it is crucial for negotiators to wrap up the key elements of a global trade agreement by the end of July. However she did not reveal how she planned to overcome major obstacles with Europe and developing nations.
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Sunday, June 11th 2006 - 21:00 UTC
Chavez calls on business to “repatriate” assets
In a veiled warning Venezuelan President Hugo Chavez called Saturday on business community leaders to repatriate ten billion US dollars they hold overseas and “invest them in their own country”.
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Sunday, June 11th 2006 - 21:00 UTC
Even President Lula backs off when it's football
Football and politics, politics and football, it's hard to find the leading thread particularly in Brazil that has won the World Cup five times and is considered among the favourites for this edition in Germany.
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Sunday, June 11th 2006 - 21:00 UTC
Brazil working hard for “energy independence”
Brazilian President Luiz Inacio Lula da Silva inaugurated Saturday the lay out of a gas pipeline that will connect the southeast with the northeast of the country, in another step to ensure energy independence.
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Sunday, June 11th 2006 - 21:00 UTC
Fuel prices in Chile rocket to 5 US dollars per gallon
As of next Monday gasoline prices in Chile will soar to an average 700 pesos a litre, the highest ever, which is equivalent to five US dollars a gallon.
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Sunday, June 11th 2006 - 21:00 UTC
Land value in Uruguay soars 127% in four years
Price of land in Uruguay has soared in the two last years with the average going price for a plot of good grazing selling in the range of 1.400 US dollars a hectare, according to the latest report from the Uruguayan Landholdings Institute.
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Saturday, June 10th 2006 - 21:00 UTC
Chilean students end strike
Chilean high school students agreed Friday to end their nationwide strike and the protests they have kept up for a month demanding a better quality of education, and announced they would return to class next week.
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Saturday, June 10th 2006 - 21:00 UTC
Bolivia's gas plan may hit Chile's supply
Chile could face power shortages as a result of Bolivia's plan to nationalise its gas sector, energy experts have warned.
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Friday, June 9th 2006 - 21:00 UTC
Iguazu falls short of water; tours cancelled
Shortage of rainfall and the closing of several dams upstream to retain water have forced the cancelling of nautical tours next to the world famous Iguazu falls, one of the world's most impressive sights.
