Mercosur

• Thursday, July 7th 2005 - 21:00 UTC

  Chilean inflation reaches 1,8% in six months

  The Chilean consumer prices index increased 0,4% in June totalling 1,8% in 2005 and 2,7% in the last twelve months, according to the latest release from the Statistics Institute.

• Thursday, July 7th 2005 - 21:00 UTC

  Ecuador the riskiest Latinamerican country

  Ecuador became this week the riskiest country in Latinamerica according to JP Morgan Emerging Markets Bond Index, EMBI, with a 799 basic points rating.

• Thursday, July 7th 2005 - 21:00 UTC

  UK lifts ban on sale of spares to Argentine Navy

  United Kingdom lifted the ban on the sale of Rolls Royce spares to the Argentine Navy vessels, according to reports in the Buenos Aires newspaper, Ambito Financiero

• Thursday, July 7th 2005 - 21:00 UTC

  Punta Arenas Standard Wool back in business

  Standard Wool from Punta Arenas is looking ahead to a full year's work in spite of the blaze which razed its wool deposits and equipment in February 2004.

• Thursday, July 7th 2005 - 21:00 UTC

  Bank of England and ECB leave rates unchanged

  The Bank of England resisted calls to cut the cost of borrowing on Thursday and held its main interest rate at 4,75% for the eleventh straight month. Members of the bank's Monetary Policy Committee announced the decision in spite of the four explosions in central London that caused at least 33 deaths and hundreds of injured.

• Thursday, July 7th 2005 - 21:00 UTC

  Argentine June inflation triggers controversy

  A day after it was officially announced that June's consumer price index in Argentina had jumped an unexpected 0,9%, Economy minister Roberto Lavagna tried on Thursday to sooth market expectations saying that “inflation is reasonably under control”.

• Thursday, July 7th 2005 - 21:00 UTC

  Argentina preparing the ground for IMF talks

  Just a few days away from the beginning of negotiations on a new stand by agreement Argentine officials demanded this week “coherence and predictability” from the International Monetary Fund.

• Wednesday, July 6th 2005 - 21:00 UTC

  FT tops list of world's best newspapers

  The Financial Times topped a list of the world's best newspapers, according to a survey of executives, politicians, university lecturers, journalists and advertising professionals conducted by a Swiss-based consultant.

• Wednesday, July 6th 2005 - 21:00 UTC

  Bolivia to hold elections

  The Bolivian Senate on Tuesday approved the constitutional reforms OK'd by the lower house, setting the stage for early general elections in December which Bolivians hope will do something to defuse the bitter political conflict that has driven two presidents from office since October 2003.

• Wednesday, July 6th 2005 - 21:00 UTC

  Kirchner: some reporters schizophrenic

  “If I announce public works, they say that I am campaigning and they say that we announce them and don't do them... some friends who engage in journalism must calm down, because that is really schizophrenic,” Kirchner said when announcing a home-building programme in San Juan province.