Stories for 2007

Tuesday, May 8th 2007 - 21:00 UTC
On tenth anniversary of crisis Asia pools financial reserves

Asian finance ministers have agreed plans to pool the region's vast financial reserves to protect their currencies from speculative attack. The agreement, reached at a meeting in Japan, comes almost 10 years after speculators triggered an economic crisis across the region in 1997.
Tuesday, May 8th 2007 - 21:00 UTC
Uruguayan opposition questions the Mercosur Parliament

Members from the Uruguayan opposition claim that Uruguay's participation in the Mercosur Parliament, inaugurated this Monday in Montevideo, is unconstitutional and are appealing before the Supreme Court.
Tuesday, May 8th 2007 - 21:00 UTC
Cheaper second line AIDS drugs for developing countries

Former United States President Bill Clinton announced on Tuesday agreements with drug companies to lower the price of so-called “second-line” AIDS drugs for 66 countries of the developing world and to make a once-a-day AIDS pill available for less than one dollar a day.
Monday, May 7th 2007 - 21:00 UTC
World leaders congratulate France new President

European leaders congratulated Nicolas Sarkozy on his victory in France's presidential election on Sunday and hoped his triumph would help unblock reforms stalled by the rejection of the EU constitution in 2005.
Monday, May 7th 2007 - 21:00 UTC
European MPs recommend “supranationality” to advance integration

A delegation of European MPs visiting Uruguay for the opening of the Mercosur Parliament called on the regional block not to fear “supranationality” which is needed to advance integration.
Monday, May 7th 2007 - 21:00 UTC
Australian pop diva Kylie Minogue surprise visit to Chile

When Australian pop diva Kylie Minogue arrived at Santiago de Chile's international airport last Wednesday, she was met by film producer Alexander Dahm, who lives in Mexico with his wife and son.
Monday, May 7th 2007 - 21:00 UTC
Argentina hosts South Atlantic Peace and Cooperation Zone meeting

Argentina is hosting the two days Third Preparatory Seminar for the VI South Atlantic Peace and Cooperation Zone ministerial meeting with the participation of officials from 24 country members of the organization.
Monday, May 7th 2007 - 21:00 UTC
New record for copper but US dollar in Chile keeps falling

Copper prices rose to a ten-month record high Friday of US$ 3.73 per pound at the London Metal Exchange. This helped push the value of the U.S. dollar in Chilean money markets to new lows and led speculation about the effects this might have in the country's economy.
Monday, May 7th 2007 - 21:00 UTC
Lula will urge Pope to work closely in fighting poverty

President Luiz Inacio Lula da Silva said Monday he would discuss social policies with Pope Benedict on his visit to Brazil this week and urge the Catholic Church to work more closely with the government to fight poverty.
Monday, May 7th 2007 - 21:00 UTC
April retail prices hike questions Uruguay's inflationary target

Alarm bells are ringing in Uruguay following the release of April's Consumer Prices Index, 1.22% totaling 4.58% in the first four months of 2007 and 8.11% in the last twelve months, when the overall target for this year was established in the range of 4.5% to 6.5%.