Stories for November 1st 2007
Repsol-YPF reducing Latam's incidence in its global turnover
Spanish Oil Company Repsol YPF announced Wednesday the sale of a chain of 206 service stations in Chile to Colombian company Organizacion Terpel for 210 million US dollars. Repsol said the sale was part of the restructuring of its Latin American assets.The sale also includes the industrial sales business including its infrastructure. Repsol plans to focus on its core business said Madrid's El País.
Mercosur fares poorly in global report on competitiveness
The United States tops the overall ranking in The Global Competitiveness Report 2007/2008. Switzerland is in second position followed by Denmark, Sweden, Germany, Finland and Singapore, respectively. The report is not encouraging for Mercosur members or Latinamerican leading economies.
Malvinas issue in UN Ban Ki-moon's Buenos Aires agenda
“Strengthening multilateralism” and the Malvinas issue figure in the agenda United Nations Secretary General Ban Ki-moon will be considering with Argentine officials when he visits Buenos Aires next week.
Dominique Strauss-Kahn takes IMF helm in reform storm
Frenchman Dominique Strauss-Kahn takes the helm of the International Monetary Fund on Thursday on a critical mission: to restore the aging institution's relevance and finances.
London's police guilty over shooting of Brazilian Menezes
The Metropolitan Police has been found guilty of breaching health and safety laws over the shooting of innocent Brazilian Jean Charles de Menezes.
U.S. pilot who dropped Hiroshima bomb dies
Paul Tibbets, the pilot of the U.S. bomber that dropped the first atomic bomb on Japan on August 6, 1945, died on Thursday at age 92, a newspaper reported.
Falklands' veterans at Liberation Monument SAMA dedication
The Falkland Islands will hold on Saturday evening 10 November 2007 a special remembrance service at the Liberation Monument in Stanley, in honour of the Liberation of the Islands 25 years ago, while reflecting on the struggle and sacrifice that made the achievement of those remarkable combined services possible.
Scathing report on Chile's booming salmon industry
The environmental NGO Ecoceanos this week released a scathing report on Chile's 2.2 billion US dollars farmed salmon industry, the world's second largest after Norway.
Uruguay's Botnia plant opening delayed on Spain's request
At the request of Spain Uruguay at last moment postponed the effective start-up of a 1.2 billion US dollars Finnish built pulp mill which has been at the heart of an acrimonious two-year controversy with neighboring Argentina.
