Stories for 2007

Saturday, January 6th 2007 - 20:00 UTC
Chile's corruption case leaves Bachelet unscathed

Recent corruption cases plaguing the ruling Concertación coalition have had little effect on the public popularity of Chile's President Michelle Bachelet, according to a poll carried out by the Centre for Public Studies (CEP).
Saturday, January 6th 2007 - 20:00 UTC
Argentina, Mexico in deal to boost trade by 350 million dollars

A new accord between Argentina and Mexico has come in force as from January 1st whereby they increased to about 1,500 the number of bilateral trade products with a sliding scale that will lead to zero tariff in ten years time, Argentina's Foreign Affairs ministry said.
Saturday, January 6th 2007 - 20:00 UTC
Brazil's industry expands 3.1% in 11 months

Brazil's manufacturing production accumulated 3.1% growth in the first eleven months of 2006 compared to the same period in 2005, which happened to be exactly the same as 2005 over 2004, reported the Brazilian Geography and Statistics Institute, IBGE.
Saturday, January 6th 2007 - 20:00 UTC
Controversy erupts over intended cuts in Royal Navy

Controversy erupted in Britain following reports in the London press that the Royal Navy will experience a drastic cut to its surface fleet and promotion for RN officers is to be frozen for five years as a result of cost cutting measures.
Saturday, January 6th 2007 - 20:00 UTC
Argentine peso, 25% below “equilibrium exchange point”

Five years after the melting of the Argentine economy and one of the country's major financial setbacks including a massive devaluation, Argentina has the least valued currency against the US dollar, according to a panel of economists from J P Morgan investment bank.
Friday, January 5th 2007 - 20:00 UTC
Chile's wine prices rise on international markets

Exports of Chilean bottled wine to foreign markets are increasingly lucrative, with wine prices increasing in nine of the top ten market destinations between January to November last year.
Friday, January 5th 2007 - 20:00 UTC
Royal Navy agrees to fisheries deal for shipbuilders

Britain's Royal Navy fishery patrol ships received a new lease on life when the Ministry of Defence settled a GBP 52 million (USD 101 million) deal with Portsmouth shipbuilders. The new contract with VT Group effectively guarantees that the HMS Tyne, HMS Severn and HMS Mersey will remain at sea until the end of 2013.
Friday, January 5th 2007 - 20:00 UTC
Lavagna makes official his presidential candidacy

Argentina's former Minister of Economy Roberto Lavagna announced Thursday he would be running for the presidency in next October's election with the purpose of offering an “overcoming alternative”.
Friday, January 5th 2007 - 20:00 UTC
EU top delegation to meet Bush and Democrat leadership

The European Union called on the United States to show leadership in reviving the stalled Doha trade talks ahead of meetings in Washington next Monday of top EU officials with President George W. Bush and the new Democrat congressional leaders.
Thursday, January 4th 2007 - 20:00 UTC
2006 exports rocket to record high. EU is CODELCO chief importer

Chile's exports ÃÂ¢€“ at least in terms of dollar amounts ÃÂ¢€” rose dramatically in 2006, fueled in large part by record high copper prices.