Stories for January 2007

Thursday, January 11th 2007 - 20:00 UTC
US calls on Brazil to relaunch stalled Doha round talks

United States on Thursday called on Brazil to exercise influence over its peers in the G-20 group of developing nations and try to achieve a breakthrough in the stalled Doha global trade talks.
Thursday, January 11th 2007 - 20:00 UTC
Successful launching of Argentine built satellite in India

An Indian rocket carrying an Argentine satellite as well as three others was launched to space Wednesday placing all four successfully in orbit.
Thursday, January 11th 2007 - 20:00 UTC
Morales announces 2007 nationalization of mining industry

Bolivian President Evo Morales renewed his pledge to nationalize his country's mining industry, saying he would complete the task this year.
Thursday, January 11th 2007 - 20:00 UTC
Chile in US list of “intellectual property” rigging

The Office of the U.S. Trade Representative (USTR) announced this week that Chile has been elevated from its “Watch List” to its “Priority Watch List” for alleged failure to comply with U.S. standards for intellectual property rights protection. The USTR cited the software and pharmaceutical industries in Chile as presenting the greatest threats to American business interests.
Thursday, January 11th 2007 - 20:00 UTC
Oil plunges to its lowest level price since May 2005

Oil plunged Thursday to its lowest level price since May 2005, below 52 US dollars a barrel, following the continued steep rise in heating oil stocks in United States and a resumption of crude pumping top Europe by Russia.
Wednesday, January 10th 2007 - 20:00 UTC
Venezuela's nationalization plans spook markets and investors

Investors scared by President Hugo Chavez's nationalization plans rushed to sell off Venezuelan stocks Tuesday, while U.S. officials and financial analysts warned that increasing government control in the power, telecom and oil sectors is a mistake.
Wednesday, January 10th 2007 - 20:00 UTC
UNCTAD: global investment expected to slow in 2007

Foreign direct investment (FDI) grew in 2006 for the third consecutive year to reach 1.2 trillion US dollars according to initial estimates released Tuesday by the United Nations, which also warned that economic growth is likely to slow this year because of high commodity prices and other factors.
Wednesday, January 10th 2007 - 20:00 UTC
Petrobras inaugurates “vessel platform” off Rio do Janerio

Brazil's government managed hydrocarbons corporation Petrobras begun Tuesday oil and gas extraction from the new Cidade do Rio de Janeiro vessel-platform in the Espadarte field, belonging to the Campos Basin.
Wednesday, January 10th 2007 - 20:00 UTC
OAS members support Insulza; Chavez wants an apology

Organization of American States Secretary General Jose Migule Insulza received on Tuesday full support from country members' representatives during a debate promoted by Venezuela following the controversy with Venezuelan president Hugo Chavez.
Wednesday, January 10th 2007 - 20:00 UTC
Chile stamps definitive 33% tariff on Argentine wheat flour

Chile decided on Tuesday to increase to 33%, and during three months, safeguard tariffs on Argentina wheat flour, reported in Santiago the Minister of Agriculture Alvaro Rojas.