Economy

Wednesday, February 7th 2007 - 20:00 UTC
US Fed chief warns about growing economic inequality

United States Federal Reserve Chairman Ben Bernanke said on Tuesday that while on average economic well-being has increased for US citizens the degree of inequality in economic outcomes has raised as well.
Wednesday, February 7th 2007 - 20:00 UTC
China, the locomotive for Latinamerican expansion

Latinamerica could experience a trade boom in the next five to ten years if China sustains its current rates of growth said Andres Solimano from the UN Economic Commission for Latinamerica, CEPAL.
Wednesday, February 7th 2007 - 20:00 UTC
Venezuela prepares an anti inflation package

Venezuela is preparing a package of measures to contain inflation which begun 2007 with a 2% in January, announced Ricardo Sanguino chairman of the Congressional Finance Committee.
Tuesday, February 6th 2007 - 20:00 UTC
Global warming could destroy Chile's economy

Global warming, a phenomenon now confirmed worldwide by scientific journals and international forums, will have devastating effects on the Chilean agricultural industryÃÂ¢€”perhaps the country's most important economic activity. The most threatening problem is the likely appearance of agricultural pests, from which Chile has heretofore been free.
Tuesday, February 6th 2007 - 20:00 UTC
“Imported farm labour” proposal sparks controversy in Chile

Chile's Exporters Association (Asoex) proposed last week the introduction of foreign workers to make up for “a scarcity of labour” in Chile's agricultural workforce. Critics accused Asoex president Ronald Brown of seeking to profit from poorly paid foreign labour on temporary contracts.
Monday, February 5th 2007 - 20:00 UTC
Mercosur helps Bolivia combat FAM outbreaks

Several Mercosur members have offered Bolivia to “unite efforts” and help control “as soon as possible” the outbreak of foot and mouth disease. Bolivia declared last week a “state of emergency” following the confirmation of outbreaks in three counties in Santa Cruz province.
Monday, February 5th 2007 - 20:00 UTC
Brazilian negotiator pessimistic about Doha round conclusion

Brazil's chief negotiator at the Doha Round of trade talks at the World Trade Organization (WTO) accused United States of moving “countercurrent” regarding the liberalization of global agricultural trade and expressed uncertainty that negotiations can conclude this year.
Thursday, February 1st 2007 - 20:00 UTC
IMF “shape up” policy includes selling gold reserves

A report by a Committee of Eminent Persons advised the International Monetary Fund on Wednesday to sell 400 tons of its gold reserves as part of a new strategy to set the Fund's finances on a sustainable basis.
Thursday, February 1st 2007 - 20:00 UTC
Argentina last year exported less honey but got higher revenue

Argentina, which is constantly challenging China as the world's largest honey exporter, last year exported 99,000 tonnes of honey for 146 million, a decline of six percent in volume but an increase of 15 percent in revene reflecting higher prices for the product.
Thursday, February 1st 2007 - 20:00 UTC
Argentina shuts border to Bolivian meat

Argentina has suspended the import of all meat products from Bolivia in response to an outbreak of foot-and-mouth disease, Senasa, the agricultural health and quality service, announced Tuesday.