Stories for August 10th 2006

Thursday, August 10th 2006 - 21:00 UTC

Brazilian bank Itau moves into Chile and Uruguay

The leading Brazilian bank Itaú announced Wednesday it had reached a deal with Bank of America for the purchase of all assets belonging to BankBoston in Chile and Uruguay.

Thursday, August 10th 2006 - 21:00 UTC

Chilean safeguards on Argentine dairy imports

Chile expects to impose safeguards to dairy produce imports from Argentina beginning September.

Thursday, August 10th 2006 - 21:00 UTC

Iraq war becoming political liability in US

The White House said Wednesday that United States will not raise the “white flag” in Iraq and “will not fall short of promises” insisting any withdrawal will only take place once “freedom and democracy” are strongly established.

Thursday, August 10th 2006 - 21:00 UTC

Chilean Congress approves free trade agreement with China

The Chilean Senate unanimously passed on Wednesday a free trade agreement with China, the first of its kind to be signed by a Latinamerican country. Last July 19 the Lower House supported the agreement with 94 votes and three abstentions.

Thursday, August 10th 2006 - 21:00 UTC

Debate on public smoking ban reaches Falklands

The public smoking ban controversy has definitively reached the Falkland Islands, a community of heavy smokers.

Thursday, August 10th 2006 - 21:00 UTC

Mayor UK air terror plot thwarted

A major terrorist plot to allegedly blow up aircraft in mid-flight has been thwarted.