Stories for May 2008

Thursday, May 15th 2008 - 21:00 UTC
Brazil's ready to increase interest rates to contain inflation

Brazil's Central bank chairman Enrique Meirelles said this week that the bank is ready to cap pressure on prices with the purpose of keeping inflation under control even when this could impact on the strong economic growth of the economy.
Thursday, May 15th 2008 - 21:00 UTC
EU and Mercosur address trade accord in Peru

Negotiations for an association, trade and cooperation agreement between the European Union and Mercosur are in stand by waiting for results from the World Trade Organization, Doha round, said the European Commission president Jose Manuel Barroso.
Thursday, May 15th 2008 - 21:00 UTC
Farmers' conflict begins to impact growth indexes

The Argentine economy expanded at an annual 7.9% in April closing the first four months of 2008 with at an annual growth rate of 7.5%. This would be the sixth year running that the Argentine economy has been expanding vigorously after five years averaging 8.5%.
Thursday, May 15th 2008 - 21:00 UTC
Chavez after better US relations with Bush's successor

Venezuelan President Hugo Chávez said he hopes relations with the United States will improve substantially when the “devil” and “Mr Danger” President George W. Bush leaves the Oval Office in January.
Thursday, May 15th 2008 - 21:00 UTC
Argentina rates 103 out of 190 countries in institutional quality

Long obsessed with its image in the eyes of such international monitors as the United Nations Human Development Index or Transparency International, Argentina has had its own international Institutional Quality Index for the past two years.
Wednesday, May 14th 2008 - 21:00 UTC
Lack of rainfall forces energy restrictions in Uruguay

Uruguay moved on Monday into phase II of compulsory energy saving measures since lack of sufficient rainfall has seriously limited hydroelectric generation, the country's main source of energy. However the announced restrictions have resurfaced fears about street crime and the manufacturing industry believes the country is on the edge of an emergency situation.
Wednesday, May 14th 2008 - 21:00 UTC
Chavez attacks Spanish King and German Chancellor

With just a few hours before the Lima, Peru, Latinamerican/Caribbean European Union leaders' summit Venezuelan president Hugo Chavez is picking up arguments with Spain's president and Germany's Chancellor.
Wednesday, May 14th 2008 - 21:00 UTC
Growing political support for Argentine farmers protest

Argentine farmers continued with their round of political contacts visiting Congress in Buenos Aires while officials from the Kirchner administration said governors should not feel obliged to receive farmers' delegations and anticipated that “new beneficial alternatives” were under consideration by the government.
Wednesday, May 14th 2008 - 21:00 UTC
US George Washington and task force visit Valparaiso

US aircraft carrier George Washington will anchor in Chile's Region V port city of Valparaiso tomorrow Wednesday. The air carrier is visiting Chile as part of the Partnership of the Americas POA, military training program.
Wednesday, May 14th 2008 - 21:00 UTC
New British Research dismisses Argentina's Falklands Claim

Argentina's claim to the Falkland Islands has been comprehensively rejected by a catalogue of facts gleaned from original sources in Argentine and United Kingdom archives by two British researchers, Doctor Graham Pascoe and Peter Pepper.