Stories for October 14th 2007
Correa announced Ecuador returns to OPEC next month
Ecuador is to rejoin the Organisation of the Petroleum Exporting Countries, OPEC, next month after a 15-year absence, announced on Saturday President Rafael Correa during his weekly radio program. The move reflects the increased state control over energy being taken by President Correa as promised during his electoral campaign.
Summer time rules in Chile with clocks advanced 60 minutes
Chile Summer time begins midnight Saturday when clocks have to be advanced sixty minutes. This leaves Chile three hours behind Greenwich meridian time, GMT.
Gap between US richest and poorest at its widest in 25 years
The gap between United States richest and poorest is at its widest in 25 years with the wealthiest taking home a record share of the nation's income that exceeds even the previous high in 2000, according to recent data from the Internal Revenue Service, IRS.
Bush urges Congress on trade pacts with Latam countries
United States President George Bush on Saturday urged Congress to pass trade pacts with Peru, Colombia and Panama, and promised to strengthen job re-training programs and other measures to help workers displaced as a result of trade-related job losses.
Global tension, low stocks push oil to record price
Oil prices reached this week another record surging past 84 US dollars a barrel for the first time. US sweet, light crude jumped as much as 97 cents to trade briefly at $84.05 a barrel in New York on supply fears before falling back to $83.69.
Gap between US richest and poorest at its widest in 25 years
The gap between United States richest and poorest is at its widest in 25 years with the wealthiest taking home a record share of the nation's income that exceeds even the previous high in 2000, according to recent data from the Internal Revenue Service, IRS.
Cubans listen to Fidel Castro for first time in 15 months
Ailing Cuban President Fidel Castro telephoned into a television show with Venezuelan President Hugo Chavez Sunday, in his first live media appearance in Cuba since his health crisis nearly 15 months ago.
Euro-zone and Beijing clash over China's trade surplus
China's trade surplus reached 23.91 billion US dollars in September, the fourth largest on record. Demand from Europe and the US boosted exports despite cuts in tax rebates aimed at curbing its export boom.
Lula da Silva discards re-election and denies heavy drinking
Brazilian president Lula da Silva reiterated he was against a hypothetical reelection for a third mandate but did not deny the possibility of running again in 2014, according to a Sunday interview with Folha do Sao Paulo. The president also pointed out that the last time he got drunk was in 1974.
Cristina Kirchner leads in opinion polls and assets
First Lady, Senator and presidential candidate, Cristina Fernandez de Kirchner is the wealthiest of all presidential hopefuls running for Argentina's Executive seat in Casa Rosada next October 28, reports the Sunday edition of Buenos Aires daily Clarin.
