Economy

Wednesday, June 13th 2007 - 21:00 UTC
All ready for the launching this month of the South Bank

Technical teams from Argentina, Brazil, Paraguay, Bolivia, Venezuela and Ecuador agreed this week in Buenos Aires on the terms for the establishment and Foundation Act of the South Bank, reported Argentina's Ministry of Economy.
The teams held two full days of meetings Monday and Tuesday, with Chile acting as an observer.
Wednesday, June 13th 2007 - 21:00 UTC
White House and Congress clash over China trade gap

The United States government refused on Wednesday to name China as a manipulator of currency values to gain unfair trade advantages and rejected a request by Congress members to file a trade case against Beijing on the currency issue.
Tuesday, June 12th 2007 - 21:00 UTC
UK inflation slows to 2.5% in May but still above target

United Kingdom's rate of inflation slowed in May to 2.5%, the weakest level in seven months, according to figures from the Statistics Office. Inflation in April was 2.8%.
Monday, June 11th 2007 - 21:00 UTC
Rich countries & G 20 prepare for new round of trade talks

Developing countries are vowing to stand their ground on key principles in deadlocked world trade talks, Brazilian Foreign Minister Celso Amorim said after meeting counterparts in Geneva.
Monday, June 11th 2007 - 21:00 UTC
Falklands children receive commemorative coins

From Tuesday, with the arrival in the Falkland Islands of the Earl of Wessex and other VIP guests of the local government, a full programme of events will begin to commemorate the liberation of the Islands from Argentine occupation twenty-five years ago.
Sunday, June 10th 2007 - 21:00 UTC
IMF “proud” of Lula da Silva's handling of Brazilian economy

The International Monetary Fund praised the performance and management of the Brazilian economy during the last few years and forecasted that the strong Brazilian currency, Real, offers more opportunities to open the economy both financially and commercially.
Sunday, June 10th 2007 - 21:00 UTC
Almost 14% of Chilean population described as poor or indigent

The latest poll on Socioeconomic characterization of the Chilean population shows that since 1990 the number of Chileans living in “poverty conditions” has dropped to almost half, but still over two million continue to be poor including half a million indigent.
Sunday, June 10th 2007 - 21:00 UTC
US opens its market for fresh blueberries from Uruguay

The United States Department of Agriculture Animal and Plant Health Inspection Service (USDA APHIS) announced the publication in the Federal Register of the proposed rule for the importation of blueberries from Uruguay to the US.
Friday, June 8th 2007 - 21:00 UTC
Main emerging economies demand greater say in global affairs

The world's five main emerging economies called Thursday for a greater say in the global decision-making process. The leaders of India, China, Brazil, Mexico and South Africa issued the call at a meeting to coordinate their positions ahead of Friday's session with the Group of Eight (G8) in the German resort of Heiligendamm.
Friday, June 8th 2007 - 21:00 UTC
Weak dollars help surprise drop in April US trade deficit

The United States trade deficit fell unexpectedly in April to 58.5 billion US dollars, helped by the weak dollar which makes US exports more competitive and depresses demand for imports.