21. Argentine stocks rose as U.S. bond yields declined and the Senate gave final approval to government plans to increase taxes. 22. Arab representatives to the United Nations asked for the debate Wednesday after the United States vetoed a Security Council resolution Friday that strongly criticized the Israeli government plan. 23. Argentine stocks rose for the third day as government plans to reduce public administration costs spurred demand from foreign investors. 24. Argentine stocks rose as President Carlos Menem met leaders of his Peronist Party to rally support for government plans to increase taxes and reform labor laws. 25. Argentine stocks rose to two-month highs, buoyed by optimism over government plans to balance its budget by cutting spending and raising taxes next year. 26. AUSTERITY MEASURES IN BRAZIL Brazilian lawmakers passed bills to scale down social security benefits and job protections, the cornerstone of a government plan to stabilize the economy. 27. Banking shares rose, aided by a government plan to promote mergers and acquisitions among them. 28. Before the government plan, Tex-Mex had permission only to move freight south from Houston. 29. Brazilian stocks fell, led by utilities, amid concern new allegations of influence peddling could sidetrack government plans to slash state spending. 30. BRAZILIAN stocks surged, led by telecommunications stocks, after Communications Minister Sergio Motta said the government plans to sell state-controlled telephone companies early next year. |