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Stories for June 1st 2007

• Friday, June 1st 2007 - 21:00 UTC

  Insights to former Fed chairman Greenspan's “turbulent” years

  

  Former United States Federal Reserve Chairman Alan Greenspan said on Friday that U.S. interest rates are low, but that rates are low all over the world.

• Friday, June 1st 2007 - 21:00 UTC

  Alternative route to Torres del Paine Park cuts distance by half

  

  A new alternative route linking Puerto Natales with the renowned Torres del Paine National Park, cutting in half the distance from 140 to 70 kilometres, was opened this week in Magallanes Region in the extreme south of Chile.

• Friday, June 1st 2007 - 21:00 UTC

  In spite of sluggish US economy unemployment remains at 4.5%

  The United States economy added 157,000 new jobs in May, the biggest expansion in two months as companies continued to employ despite the sluggish economy.

• Friday, June 1st 2007 - 21:00 UTC

  Diplomatic incident brewing between Brazil and Venezuela

  Brazilian President Luiz Inácio Lula da Silva instructed the Ministry of Foreign Affairs to summon Venezuela's ambassador Julio Garcia Montoya “for the indispensable clarification” of President Hugo Chavez' reference to the Brazilian Senate as “a parrot that repeats whatever Washington says” adding that the Brazilian Congress was “controlled by the right wing”.