Stories for August 2nd 2009
Argentine/Chilean ministerial summit this week in Buenos Aires
Argentine and Chilean cabinet ministers will be meeting next Thursday in Buenos Aires to advance in the integration process and address an agenda of bilateral issues, according to reports in the Argentine capital.
Lula da Silva rejects any idea or proposal for a third mandate
Brazilian president Lula da Silva reiterated Saturday he has no plans for a third mandate and anticipated he would reject a proposal from members of his won Workers Party for a constitutional amendment that would allow him to run again for president in 2010
Venezuela turns off 34 broadcasting stations
Radio stations in Venezuela have begun to fall silent in the wake of government orders to some broadcasters to cease operations. The Circuito Nacional Belfort Network, CNB, station in Caracas was among the first to stop broadcasting Saturday morning. At least four other CNB stations also went off the air.
Lula da Silva wants control over world largest iron-ore producer
Brazilian President Lula da Silva wants the government to take control of Vale SA, according to the weekly magazine Veja. However the origin of the information was not revealed.
Two year capital flight from Argentina reached 43.1 billion USD
Argentina’s flight of capital remains steady having reached 5.5 billion US dollars in the second quarter of the year, 11.2 billion in the first half and 43.1 billion US dollars since the second quarter of 2007, when the first signs of the global crisis, according to the latest data from the Argentine Central Bank.
Nigerian oil debate: losses since 2006 amount to 47 billion USD says Shell
Nigeria has lost about 7 trillion naira (47 billion US dollars) as a result of the shut-in of the Shell Petroleum Development Company (SDPC) output since 2006 in the country the Lagos based Compass newspaper reported this week.
Number of failed banks in the US reached 69 so far this year
United States banks in New Jersey, Ohio, Florida, Oklahoma and Illinois were shut, pushing the toll of failed US lenders to 69 this year. The Federal Deposit Insurance Corporation was named the receiver of the five banks, the regulator said in e-mailed statements.
Cuba faces harder times; Castro willing to talk with US about everything
Cuban President Raul Castro said he remains ready to talk about everything and anything with the United States but that Cuba’s political system was not on the negotiating table.
China expected to recover strongly in second half of 2009
China's economy would continue to recover from the world financial crisis in the latter half and expand at the rate of 8.5% for the whole year, said a report from the Bank of Communications on Sunday.
South America’s nutria, one of the worst invasive species in US wetlands
Billions of dollars are spent every year in the United States in an attempt to control invasive species. Plants and animals brought legally and illegally into the US have created extensive damage to the ecosystem and the economy.
