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Stories for August 3rd 2007

• Friday, August 3rd 2007 - 21:00 UTC

  Latinamerica better prepared to face financial turbulences

  Latinamerican economies are much better prepared than in the nineties to face financial turbulences, said on Friday Jose Luis Machinea, Executive Secretary for the United National Economic Committee for Latinamerica and the Caribbean, CEPAL.

• Friday, August 3rd 2007 - 21:00 UTC

  Volatile week ends with markets falling and fears of more to come

  Stock markets in United States fell heavily on Friday following a volatile week. The Dow Jones, which saw triple digit gains on Wednesday and Thursday, fell by 2.1%, 284.8 points, to 13,178.5. The Nasdaq lost 2.5% to 2,511.25 points.