Stories for June 2008

Thursday, June 5th 2008 - 21:00 UTC
Brazil raises rate to 12.25%; annual May inflation 5.25%

Brazil's Central bank raised its benchmark interest rate this week for the second time in less than two months to curb resurgent inflation and prevent overheating of the world's tenth biggest economy.
Thursday, June 5th 2008 - 21:00 UTC
May marks highest monthly inflation in Chile since 1994

Chile's Consumer Price Index soared 1.2% in May, far above forecasts (0.6%), and the highest since May 1994 (1.4%) and also the most significant monthly variation since March 2003, according to the country's Statistics Office.
Thursday, June 5th 2008 - 21:00 UTC
Church calls for “greatness gesture” in farmers' conflict

The Permanent Commission of the Argentine Episcopal Conference called on Thursday for a “gesture of greatness” from the government and the farmers to help put an end to the three month long conflict which is rapidly becoming into a serious confrontation and threatens “social peace”.
Wednesday, June 4th 2008 - 21:00 UTC
Lula defends biofuels and attacks “absurd protectionism”

Brazilian president Lula da Silva said that “over 800 million people every night go to sleep feeling hungry which is an insult to humanity” and blamed the “intolerable protectionism of wealthy countries” that insulate their farming sectors.
Wednesday, June 4th 2008 - 21:00 UTC
Ombudsman to mediate in Argentine farmers' conflict

Argentina' ombudsman promised on Tuesday following a meeting with farmers that he would do his best “to channel camp's claims” before the government and help find a solution to the conflict because of the current “social situation” in the country.
Wednesday, June 4th 2008 - 21:00 UTC
Barack Obama is finally confirmed presidential nominee

Barack Obama rocked a Minnesota crowd Tuesday night, making presidential campaign history.
Wednesday, June 4th 2008 - 21:00 UTC
UK seeks extension on Falklands mine clearance

THE British Government has sought an extension of the deadline for the UK to meet its obligation to clear anti-personnel mines in the Falklands.
Wednesday, June 4th 2008 - 21:00 UTC
Ushuaia doubling air terminal tourist capacity

The expansion of the main building of the Ushuaia airport terminal, in Tierra del Fuego, is scheduled to be finished early next year helping to further promote what is rapidly becoming the main industry of Argentina's most southern province.
Wednesday, June 4th 2008 - 21:00 UTC
UN program promises 1.2 billion food aid for 62 countries

The United Nations World Food Programme said on Wednesday that it will provide 1.2 billion US dollars in additional food aid in the 62 countries hit hardest by the current crisis resulting from the surge in food and fuel prices.
Wednesday, June 4th 2008 - 21:00 UTC
ISA virus outbreaks keep spreading in Chilean salmon farms

The Salmon Infectious Anemia, ISA, virus keeps spreading in Chile according to the latest release from the country's Sernapesca, (Nacional Fisheries Service) reports the press from Puerto Montt.