Stories for November 2009
Latest News feedWorld largest solar powered trimaran prepares to circumnavigate the world
The world’s largest solar-powered trimaran, PlanetSolar, will not have sails. Instead of wind it will rely on the power of the sun to circumnavigate the world in 140 days. That’s according to plans sketched out by the financial backers and designers of the triple-hull, 30-metre-long, 15-metre-wide boat under construction at Knierim shipyard in Kiel, Germany.
Venezuelan government takes over four private banks
The Venezuelan government has taken over four private banks in the country for what it described as their incompliance with regulations.
Cruise vessels on alert as four icebergs are spotted drifting towards New Zealand
At least four icebergs are bearing down on New Zealand, drifting only a few hundred kilometres off the South Island coast and moving closer by the day.
Mercosur has top performing and worst performing presidents
Two presidents from Mercosur countries figure among the leaders with the highest approval ratings in the Americas while the other two are at the opposite end.
Sour anniversary for Botnia pulp mill Argentine pickets
An Argentine company has purchased 500 tons of pulp from the Uruguayan Botnia mill which is at the heart of a serious diplomatic controversy with Argentina that has reached the International Court of The Hague.
Latinamerican poor to reach 189 million (9 million more) because of recession
The current global crisis will cause the number of poor people in Latin America to rise by nine million to 189 million this year, the UN Economic Commission for Latin America and the Caribbean (CEPAL) said in a report presented in Santiago de Chile.
UK apologizes to Spain for “lack of judgement” incident in Gibraltar waters
Giles Paxman, Britain’s ambassador to Madrid has apologized after the Royal Navy fired on a buoy bearing the red and yellow of the Spanish flag during target practice off Gibraltar.
Lagos calls for dialogue with the US and admits disappointment with Mercosur
Former Chilean president Ricardo Lagos called for a closer dialogue between Latinamerica and Washington while de-mystifying the alleged negative influence of Venezuelan president Hugo Chavez in the region. He also admitted he expected “much more from Mercosur”.
Argentina reports a slight drop in hake landings
A slight drop in hake landings between January and November compared to the same period a year ago has been registered in Argentina according to official statistics released this week.
“Lack of political stability” weighs on Argentina’s credit ratings
Contentious politics and a lack of political stability are the main factors weighing on the outlook for Argentina’s credit ratings, Moody’s Investors Services said on Thursday.
