MercoPress. South Atlantic News Agency
Stories for 2006
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Friday, October 6th 2006 - 21:00 UTC
OPEC divided over a formal cut of oil output
Oil prices settled above 60 US dollars a barrel Thursday on expectations that OPEC would soon cut its output in “a million barrels per day”, though much will depend on what attitude Saudi Arabia adopts.
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Thursday, October 5th 2006 - 21:00 UTC
Fed warns about US inflation and housing slowdown
Federal Reserve chairman Ben Bernanke said Wednesday inflation in United Sates is still too high and anticipated a substantial correction in the housing market.
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Thursday, October 5th 2006 - 21:00 UTC
Open societies and the former Soviet Union example
The collapse of a closed system (or a totalitarian regime) does not automatically lead to an open society,” George Soros, the internationally renowned investor and philanthropist told an international audience at the Organization of American States (OAS) meeting Wednesday in Managua.
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Thursday, October 5th 2006 - 21:00 UTC
Nicaragua announces plan for Pacific/Caribbean waterway
Nicaragua announced Wednesday plans to build a waterway linking the Pacific and Atlantic that would carry bigger ships than the existing Panama Canal.
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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.
