Stories for March 2007

Wednesday, March 7th 2007 - 21:00 UTC
World economy “is very strong”, says US Treasury Secretary

United States Treasury Secretary Henry Paulson in the middle of an Asian tour and currently in South Korea expressed confidence in the global economy describing it as strong and characterized by low inflation.
Wednesday, March 7th 2007 - 21:00 UTC
Argentina strides ahead in the elimination of FAM

Argentina recovered this week its status of free from foot and mouth disease, FAM, with vaccination according to the country's Agro-food sanitary office, Senasa. Argentina suffered a limited FAM outbreak a year ago in the northern province of Corrientes.
Wednesday, March 7th 2007 - 21:00 UTC
Three months summer season attracts 23 million tourists

With the summer season almost over Argentina had a record year in the number of tourists and money spent according to the Tourism Secretary in Buenos Aires.
Wednesday, March 7th 2007 - 21:00 UTC
Brazil on course to a more flexible monetary policy

Brazil's Central Bank on Wednesday cut the basic reference interest rate Selic by 25 points to 12.75%, in line with market expectations and government promises of a more flexible monetary policy
Wednesday, March 7th 2007 - 21:00 UTC
Negative February Consumer Price Index in Chile: -0.2%

Chile's Consumer Price Index deflated 0.2% in February, totaling 0.1% in the first two months of 2007 and 2.7% in the last twelve months, according to a release from the country's National Statistics Institute.
Tuesday, March 6th 2007 - 21:00 UTC
Petrobras and Japan sign bio-fuels memorandum

Brazil's government managed oil company Petrobras and the Japan Bank for International Cooperation signed Monday in Rio do Janeiro a memorandum of understanding on bio-fuels announced Monday, Petrobras.
Tuesday, March 6th 2007 - 21:00 UTC
Rockhopper Exploration plc: Placing to raise up to GBP1.32 million

Rockhopper Exploration plc (the “Company”) is pleased to announce a placing (the “Placing”) of up to 3,588,700 new ordinary shares (the “Placing Shares”) at a subscription price of 37 pence each (the “Placing Price”) by Teather & Greenwood Limited with institutional and other investors to raise up to £1,328,000 (before expenses).
Tuesday, March 6th 2007 - 21:00 UTC
Road blockers threaten Easter holidays

Environmentalists in Entre Ríos who are opposing the construction of the Finnish Botnia pulp plant in Fray Bentos yesterday said they could go for a total closure of the three road crossings to Uruguay during Easter week.
Tuesday, March 6th 2007 - 21:00 UTC
Only trade and biofuels in the Lula da Silva/Bush agenda

Brazilian President Luiz Inácio Lula da Silva said Monday that during his meeting next Friday with United States President George W. Bush he does not intend to talk about Venezuela, but about trade and biofuels.
Tuesday, March 6th 2007 - 21:00 UTC
Massive anti-Bush Chavez rally in Buenos Aires confirmed

President Hugo Chávez of Venezuela will lead a rally in a stadium in Buenos Aires on Friday, when US President George W. Bush arrives to the San Juan presidential residence estancia in Uruguay, only 60 kilometers away from the Argentine capital.