Stories for December 3rd 2008

Wednesday, December 3rd 2008 - 20:00 UTC

British built sub, first Chilean nautical museum

The O'Brien is an Oberon-class submarine

Valdivia in the Chilean Los Rios region will become the final resting place for the Chilean British-built submarine “O'Brien” which is to be converted into a nautical museum, reports the local press.

Wednesday, December 3rd 2008 - 20:00 UTC

Ten Latam countries concentrate 9.6% of world cellular lines

Ten Latinamerican countries concentrate 388 million cellular phone lines, which is equivalent to 9.6% of the world's total 4.02 billion on service according to a release from multinational consultants Everis.

Wednesday, December 3rd 2008 - 20:00 UTC

Argentina denies cutting trade links with Iran

Justice Minister Fernandez denied statements from the Jewish Community

Argentina has denied it is suspending commercial ties with Iran worth a billion US dollars annually. The Argentine Jewish news agency and several Argentine newspapers earlier reported the suspension.

Wednesday, December 3rd 2008 - 20:00 UTC

Casa Rosada world stage for Cristina, Ingrid and Madonna

Pte. CFK (center) with Ingrid Betancourt  and Madonna

US pop star Madonna met with Argentina's president Cristina Fernandez de Kirchner and former guerrilla-held hostage Ingrid Betancourt on Tuesday at the presidential palace in Buenos Aires where she filmed “Evita” twelve years ago.

Wednesday, December 3rd 2008 - 20:00 UTC

Chile's “Exponaval” expects to sponsor 500 m USD in deals

 President Michelle Bachelet

Chilean president Michelle Bachelet officially opened Tuesday in Valparaiso the 2008 edition of the Exponaval fair, South America's most important naval industries event with the participation of 32 foreign delegations and 130 companies and organizations linked to maritime activities.

Wednesday, December 3rd 2008 - 20:00 UTC

“Technical recession” forecasted for Brazil early 2009

The Brazilian economy could suffer a contraction during two consecutive quarters at the end of 2008 and beginning of 2009, thus suffering a “technical recession” according to a report form Morgan Stanley released in New York.

Wednesday, December 3rd 2008 - 20:00 UTC

UN calls to prepare for disasters caused by climate change

Survivors of Cyclone Nargis in the aftermath of the disaster

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) today launched a campaign to raise awareness of the humanitarian implications of climate change, calling for improved disaster preparedness and response measures in countries that suffer most from extreme weather events.

Wednesday, December 3rd 2008 - 20:00 UTC

Anniversary of the Battle of the Falkland Islands

HMS <i>Cornwall</i>,

Next Monday 8th December 2008 the Falkland Islands commemorates the victory of the Naval engagements of 8th December 1914 on which day 6 British sailors lost their lives and a number of others died later from injuries received during the battle. 2,260 German sailors also lost their lives.

Wednesday, December 3rd 2008 - 20:00 UTC

USA: Democrats lost the chance for a 60-seat “supermajority”

Republican Saxby Chambliss

Republican Saxby Chambliss has won a run-off election in Georgia, denying Democrats the chance for a 60-seat “supermajority” in the US senate that would have enabled them to pass legislation virtually at will.Chambliss, the 65-year-old incumbent, defeated Democrat Jim Martin for the seat.

Wednesday, December 3rd 2008 - 20:00 UTC

UK launches OT offshore financial centres review

Financial supervision and transparency targeted in the review by Michael Foot

The British Government announced that Michael Foot, currently Chairman of the UK office of Promontory Financial Group, will lead the independent review of British offshore financial centres, mostly in Overseas Territories, anticipated at Pre-Budget Report 2008.

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