Mercosur

• Tuesday, September 20th 2005 - 21:00 UTC

  OPEC considers world oil market “well supplied”

  Oil Petroleum Exporting Countries ministers consider the world oil market is “well supplied” but will attempt to help stabilize prices which are “too high” and are beginning to have an impact in the world economy.

• Tuesday, September 20th 2005 - 21:00 UTC

  Fearing inflation pressures Fed raises basic rate to 3,75%

  The United States Federal Reserve on Tuesday raised interest rates for the 11th straight time arguing that the effects of Hurricane Katrina for the overall economy will be temporary. The new basic rate now stands at 3,75%, a 25 points increase.

• Tuesday, September 20th 2005 - 21:00 UTC

  Morales promises legalization of Bolivian coca crops

  Bolivian peasant leader Evo Morales who has a comfortable lead in vote preference for next December's presidential race said that if elected he would legalize growing coca which is the raw material for cocaine.

• Monday, September 19th 2005 - 21:00 UTC

  Magallanes and Tasmania in joint Antarctic research

  The University of Magallanes has been invited to be part of the International Antarctic Institute, IAI, a world academia organization which will specialize in under and post graduate Antarctic studies and currently has its temporary seat in the University of Tasmania, Hobbart, Australia.

• Monday, September 19th 2005 - 21:00 UTC

  Venezuelan president Chavez campaigns in Hispanic Bronx

  Venezuelan President Hugo Chavez campaigned during the weekend among Hispanics in New York and ordered his aides to draft a project to clean the waterway in the Bronx.
  Chavez made the announcement while visiting a community centre in the Bronx which is dedicated to improving living conditions in the heavily Hispanic neighbourhood.

• Monday, September 19th 2005 - 21:00 UTC

  Two Argentines lost in Antarctic crevasse

  Two Argentines out of a group of five remain lost in an Antarctic crevasse in King George Island, while the other three were rescued on Sunday by a Chilean Air Force helicopter.

• Monday, September 19th 2005 - 21:00 UTC

  Catholic Church calls Chilean wealth distribution “scandalous”

  Santiago's archbishop Cardinal Francisco Javier Errazuriz called on Chilean authorities to work for “fairness, solidarity and the needy”, describing the national wealth distribution as “scandalous”.

• Monday, September 19th 2005 - 21:00 UTC

  Bielsa calls on Britain for Falklands negotiations

  Argentine Foreign Affairs Minister Rafael Bielsa addressing the United Nations General Assembly called on Britain to resume Falkland Islands sovereignty negotiations, as has been established by “a succession of UN resolutions”.

• Monday, September 19th 2005 - 21:00 UTC

  Bolivian Indian leader ahead in public opinion poll

  Bolivian Indian and peasant leader Evo Morales ranked for the first time as the leading contender for the coming December presidential election according to a public opinion poll published Sunday in La Paz.

• Sunday, September 18th 2005 - 21:00 UTC

  Plan to promote Magallanes lamb “nutritional values”

  Magallanes organic lamb and mutton have a high “nutritional quality” and a competitive edge over other produce and these advantages should be concentrated in a distinct origin-denomination labelling, suggests the Chilean Foundation for Agriculture Innovation.