Stories for May 15th 2006

Monday, May 15th 2006 - 21:00 UTC

Latinamerica turning “left” to fight poverty

Chilean president Michelle Bachelet said that the political “left turn” in Latinamerica can be seen as a “search for replies” from the region's peoples that are striving to abandon “misery and poverty”.

Monday, May 15th 2006 - 21:00 UTC

Falkland's fishery April performance encouraging

This year the performance of the Falkland Islands fishery continues to be encouraging with the total catch for the month (46,861 tonnes) being the highest catch in April in the last five years.

Monday, May 15th 2006 - 21:00 UTC

New Haiti president takes office

Rene Preval, the only elected president in Haiti's history to finish his term, was sworn in Sunday to again lead the impoverished nation in its latest attempt at democracy after decades of armed uprisings, lawlessness and foreign intervention.

Monday, May 15th 2006 - 21:00 UTC

Organized gang crime has Sao Paulo in chaos

The street gang offensive against Brazilian police that has left scores dead continued early Monday with the overnight torching of at least 65 buses and 10 bank branches in Sao Paulo State.

Monday, May 15th 2006 - 21:00 UTC

Kirchner downplays pulp mills conflict with Uruguay

Argentine president Nestor Kirchner downplayed the conflict with Uruguay arguing that the long established relations between the neighbouring countries go far beyond the “building or not” of the controversial pulp mills.

Monday, May 15th 2006 - 21:00 UTC

Santiago, Latam second best city for business

According to The Economist business magazine, Sao Paulo, Brazil, has replaced Santiago de Chile as the best city to do business in Latin America.

Monday, May 15th 2006 - 21:00 UTC

Petrobras first quarter profit jumps 33%

Brazilian state oil company Petrobras said its first-quarter net profit rose 33% over 2005 last quarter to 6.675 billion Reais, the equivalent of 3.1 billion US dollars, boosted by an increase in crude output, sales and fuel prices.

Monday, May 15th 2006 - 21:00 UTC

Venezuela to explore for oil in Cuba

Venezuela will explore and eventually exploit hydrocarbons in Cuba according to a release published this week in Havana's official newspaper Gramma.

Monday, May 15th 2006 - 21:00 UTC

Argentina confirms fisheries policy towards Falklands

Argentina's Fisheries and Aquaculture Under secretary confirmed that companies operating in Argentine jurisdiction without Argentine licences, particularly in the disputed Falkland Islands waters will certainly be sanctioned.