Stories for March 4th 2010

Thursday, March 4th 2010 - 21:24 UTC

US and Brazil agree Venezuela “should be looking more to the south”

Hillary Clinton and Brazilian Foreign Secretary Celso Amorim.

The United States and Brazil agreed that Venezuela should be “looking more to the south”, to “successful models of country”, according to US Secretary of State Hillary Clinton and that is why “we have invited Venezuela to join Mercosur”, pointed out Brazilian Foreign Secretary Celso Amorim.

Thursday, March 4th 2010 - 21:18 UTC

Half of Venezuelan population has “little or no confidence” in President Chavez

 Support for the populist leader seems to be waning according to opinion polls

Venezuelan voters' confidence in President Hugo Chávez is beginning to wane as a result of the electricity crisis, water rationing, economic measures, decisions limiting private property and attempts at leading the country into a Socialist system.

Thursday, March 4th 2010 - 21:12 UTC

What can Argentina gain from another Falklands dispute?

Cristina Kirchner must set aside the toxic mix of populism and crony capitalism

The Washington Post published this week an editorial on the current Falkland Islands situation arguing that “you know that an Argentine leader must be in political trouble” if the subject of the South Atlantic Islands comes up again.

Thursday, March 4th 2010 - 21:10 UTC

Cruise along Brazilian coast suffers alleged massive food poisoning

“Vision of the Seas” was quarantined 24 hours off Buzios

Royal Caribbean’s Vision of the Seas was liberated and allowed to continue with the cruise after Brazilian sanitary officials imposed a 24 hours quarantine following a massive outbreak of what is believed to be food poisoning.

Thursday, March 4th 2010 - 21:03 UTC

Cost of rebuilding Chile estimated in 30 billion US dollars

The aftermath of one of the worst quakes to pound Chile

Chile’s plans to repair the damaged caused by last Saturday’s earthquake are likely to cost the nation an estimated 30 billion US dollars and three to four years work, according to EQECAT, a firm that evaluates catastrophe risk for insurers.

Thursday, March 4th 2010 - 20:32 UTC

Chile’s tourism industry fears long term effects of quake and aftershocks

Hot spot Pucon has not suffered damage but cancellations are cascading

The tourism industry in Chile has been hit hard as travellers cancel trips to the disaster-struck country. Since the 8.8 magnitude earthquake hit Saturday, Andes Hostel in Santiago has received five to six cancellations per day, an employee told the Santiago Times.

Thursday, March 4th 2010 - 11:46 UTC

Standard Chartered record profits; criticizes regulation proposals

 Chairman John Peace bets on China and India

Standard Chartered has reported record profits in 2009 and criticised some recent proposals to regulate banks. Pre-tax profits were 5.15 billion USD (£3.4bn), up 13% from 2008. Total pay and bonuses rose 4% to 4.91 billion USD.

Thursday, March 4th 2010 - 04:46 UTC

Insulza bids for a second OAS term; US and Venezuela are not convinced

 OAS Secretary General Jose Miguel Insulza apparently has ample support

The Secretary General of the Organization of American States (OAS), José Miguel Insulza, on Wednesday presented his candidacy for re-election in a speech before the Permanent Council in which he offered to continue to be a “partner” in the use of a “modern multilateralism to apply our common agenda, as ambitious as it may be, for the benefit of the people of the Americas.”

Thursday, March 4th 2010 - 04:31 UTC

Santiago airport reopens domestic terminal and activity should reach 50%

LAN was operating at 30% of its capacity

Passenger traffic at Santiago de Chile’s main airport should reach 50% of normal activity on Thursday following the increase in commercial airlines flight numbers and the reopening of the domestic air terminal, reports the Chilean Civil Aeronautic Agency.

Thursday, March 4th 2010 - 04:21 UTC

Brazil tells Washington “not to push Iran into a corner”

Hillary Clinton and Celso Amorim smile but have different approaches on Iran agreement (Photo: US Government)

Brazil and the US could not agree Wednesday over how to rein in Tehran's suspect nuclear ambitions and Brazilian President Lula da Silva warned the world not to “push Iran into a corner.”

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