Stories for November 24th 2008
Venezuela elections: Chavez opponents make poll gains
Venezuela's opposition has made gains in regional polls, but President Hugo Chavez's allies have held onto at least 17 of the country's 22 governorships.
US gov. guarantees Citigroup mortgages and injects cash
The US government will guarantee $306bn of Citigroup's problem mortgages and other assets, and will also give the banking giant a $20bn cash injection after a collapse in its share price.
North Falkland basin prospects of 4.3 billion barrels
NORTH Falkland Basin oil and gas exploration company Rockhopper Exploration have announced prospects of over four billion barrels of oil and gas.
Mexican leader in Bs As to sign strategic association
Mexican president Felipe Calderón arrived in Buenos Aires late Sunday for a two-day official visit, during which he and President Cristina Fernández de Kirchner will make the first steps in the Strategic Association deal signed by the countries last year.
APEC Lima summit pledges open markets and free trade
The 21 economies, which represent almost two thirds of the world's GDP pledged during a two-day summit in Lima, Peru not to erect new protectionist barriers for the next year, and to re-launch stalled World Trade Organization talks.
Chilean, Argentine naval forces parade in Punta Arenas
A joint parade of Argentine and Chilean naval schools graduates took place Sunday in Punta Arenas Main Square followed by a march along the city's streets, the first time ever of such an event.
Russia to drill for oil in deep Gulf of Mexico Cuban waters
Russian oil companies could soon begin searching for oil in deep Gulf of Mexico waters off Cuba, a top diplomat said just days before Russian President Dmitry Medvedev visits the island.
Skeptic outlook about Mercosur in current circumstances
The president of the Standing Committee of Mercosur representatives said he feels frustrated with the workings of the South American trade group and proposes drastic changes since in the current global circumstances integration advances in the region could even turn negative.
“Nestor, what a vice president you picked for me”
The differences between Argentina's ruling couple Cristina and Nestor Kirchner and vice president Julio Cobos seem irreconcilable and become worse to the minute.
Opinion polls show Uruguayan opposition leading vote intention
According to the latest public opinion poll published in the Montevideo press, the Uruguayan ruling coalition is loosing ground in vote intention, --although still high--, while the main party opposition keeps advancing.
