Stories for 2008

Saturday, June 28th 2008 - 21:00 UTC
Spanish group planning to build several hotels in Chile

Spanish hotel giant Sol Melía plans to open three hotels in Chile. The company is also bidding for the two hotels that will be a part of Santiago's future Constanera Center, an ongoing development and construction project featuring four skyscrapers, built in one of Santiago's business districts, Providencia.
Saturday, June 28th 2008 - 21:00 UTC
Brazilian inflation at its fastest pace in over five years

Brazil's monthly inflation accelerated to its fastest pace in more than five years on rising wholesale prices for manufacturers. The IGP-M price index, Brazil's broadest measure of consumer, construction and wholesale prices, rose 1.98% in June, up from a 1.61% surge in May, according to the Getulio Vargas Foundation.
Saturday, June 28th 2008 - 21:00 UTC
Mercosur agenda with long list of controversial issues

Productive integration for small and medium sized companies plus a special financing fund for that group of companies and a technological renovation plan are some of the main issues in the official agenda to be addressed by the coming Mercosur summit to be held in the Argentine province of Tucuman.
Saturday, June 28th 2008 - 21:00 UTC
Paraguay headed for a record beef export year: 600 million USD

Paraguayan beef exports are scheduled to break all records reaching over 600 US dollars which represents a 25% jump over 2007 according to an article published in the country's “ABC Color”.
Saturday, June 28th 2008 - 21:00 UTC
Crude record prices send global stock markets tumbling

Global stock markets have suffered a sell-off sparked by concerns about the global economy and crude oil prices which have hit a new record. New York's Dow Jones closed down 0.93%, or 106.9 points, at 11,346.51 as the cost of oil rose to a fresh high above $142 a barrel.
Saturday, June 28th 2008 - 21:00 UTC
Colombia, Ecuador drop plans to restore diplomatic ties

Relations between Colombia and Ecuador grew chillier Tuesday, as Colombia postponed restoring diplomatic ties at the level of trade-attache because of “aggressive” remarks by Ecuadoran President Rafael Correa.
Saturday, June 28th 2008 - 21:00 UTC
Lula, Chavez initial 21 energy and trade agreements

The presidents of Brazil and Venezuela, Luiz Inácio Lula da Silva and Hugo Chávez, respectively, met June 27 in Caracas to address economic issues aimed at reinforcing bilateral cooperation.
Friday, June 27th 2008 - 21:00 UTC
US Supreme Court ratifies right to keep handguns

A ban on handguns in Washington DC has been ruled unconstitutional by the United States Supreme Court. In a 5-4 decision, the justices upheld a lower court ruling striking down the ban. They said individuals had a right to keep handguns for lawful purposes
Friday, June 27th 2008 - 21:00 UTC
Oil breaks records and closer to 150 USD forecast

Oil futures shot above 140 US dollars a barrel on Thursday after OPEC's president said crude prices could rise well above 150 US dollars a barrel this year and Libya said it may cut oil production.
Friday, June 27th 2008 - 21:00 UTC
President Kirchner tries to cope with Congress dissidence

The administration of Argentine President Cristina Fernandez de Kirchner is finding it increasingly difficult to retain the congressional majority which should ensure the approval of the sliding export taxes on grains and oilseeds, as sent by the Executive, and which triggered a 103 day conflict with farmers.