Stories for March 2007

Tuesday, March 6th 2007 - 21:00 UTC
London and Paris among the top four most expensive cities

Four European cities are the most expensive in the world claims a survey from the Economist Intelligence Unit's worldwide cost of living survey. Latinamerica on the other hand has the cheapest average cost of living.
Tuesday, March 6th 2007 - 21:00 UTC
Global markets rebound; caution over US economy data

Stock markets around the world rebounded on Tuesday after five days of losses but concerns over volatility remain. In Latinamerica major stock markets followed on the world reaction with Sao Paulo soaring almost 5%.
Tuesday, March 6th 2007 - 21:00 UTC
Dengue fever extends to Argentina and south Brazil

Argentina confirmed 126 cases of the mosquito transmitted dengue disease with another 415 patients with symptoms but yet have to be definitively diagnosed. In southern Brazil an estimated 45.000 cases have been estimated.
Monday, March 5th 2007 - 21:00 UTC
Uncertain week for global markets: all eyes on China

Global stock markets face an uncertain week after a slump in China and fears of an economic slowdown in United States saw the biggest sell-off in more than four years.
Monday, March 5th 2007 - 21:00 UTC
Unknown British Sailor Buried

An unknown British sailor has been buried with an Argentine Honour Guard breaking the gloom of British-Argentine relations for just a moment. The funeral took place last Friday in the British Cemetery, Buenos Aires.
Monday, March 5th 2007 - 21:00 UTC
Foreign tourism in Chile increased 9% in summer months

Over 640,000 foreign tourists visited Chile this summer contributing more than 345 million US dollars to the economy, reported Chile's state tourism office ÃÂ¢€” SERNATUR- last week.
Monday, March 5th 2007 - 21:00 UTC
Global markets volatility persists: investors dump stocks

The global stock market slump has entered its second week with stocks plunging in Wall Street, Asia, Europe and Latinamerica. Although the key US Dow Jones index remained positive for most of Monday, towards the end of the session it closed down 63.7 points, or 0.5%, at 12,050.4.
Monday, March 5th 2007 - 21:00 UTC
Chile and Japan ready to sign FTA at end of March

The Chilean and Japanese governments will sign a free trade agreement (FTA) on March 27, which constitutes a step forward in reinforcing Chile's presence in Asia, where it currently holds agreements with China (2005) and South Korea. The new convention is similar to others agreed to by the European Union (EU) and the United States.
Monday, March 5th 2007 - 21:00 UTC
Dramatic change of Bush policy towards Latinamerica

United States President George Bush who next Thursday begins an eight days five countries trip to Latinamerica dramatically changed his administration's speech acknowledging that U.S.-backed economic policies and free-trade agreements have failed to lift millions of Latin Americans from poverty
Monday, March 5th 2007 - 21:00 UTC
Bush vows millions for Latin American programs

President Bush, facing criticism he has ignored Latin America, said Monday the region's grinding poverty is a scandal that has caused some to question the value of democracy.