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Montevideo, November 21st 2024 - 17:37 UTC

Stories for November 5th 2007

  • Monday, November 5th 2007 - 20:00 UTC

    Sub-prime mortgage market crisis KO Citigroup CEO

    The chairman and chief executive of the Citigroup bank, Charles Prince, has resigned and will be replaces by former US Treasury Secretary Robert Rubin it was announced.

  • Monday, November 5th 2007 - 20:00 UTC

    Merrill Lynch, pioneer in sub-prime packaging sacks CEO

    The United States bank Merrill Lynch said that CEO Stan O'Neal had retired with immediate effect, in a move that followed intense media speculation following calls for his departure after the firm was forced to admit a 7.9 billion US dollars exposure to bad debt.

  • Monday, November 5th 2007 - 20:00 UTC

    Centrist claims win in Guatemala

     Businessman Alvaro Colom claimed victory late Sunday night

    A former army general who once took on the insurgency in Guatemala's long civil war lost his battle for the country's presidency on Sunday night, with voters rejecting his plan to use an iron fist, as well as the country's military, to control a sky-high murder rate.

  • Monday, November 5th 2007 - 20:00 UTC

    Non-Falklands ship listings to change

    Councillor Andrea Clausen said that requests from Falkland companies which do not own quota will be considered on their merits.

    The criteria for listing non-Falklands flagged vessels will be revamped as a result of the European Union, Executive Committee (ExCo) recently filed application requesting a definition of economic ties between vessels and companies for transparency.

  • Monday, November 5th 2007 - 20:00 UTC

    Russian logistics for Argentina's Antarctic 2007/08 season

    MV Vasiliy Golovnin<br>Photo Ivor Harris (Australian Antarctic Division)

    The logistics of the coming Argentine Antarctic 2007/08 season has been contracted to Russian companies that will be providing an icebreaker and an air bridge for the most Southern of Argentine polar stations, according to reports in the Buenos Aires press.

  • Monday, November 5th 2007 - 20:00 UTC

    Cristina : Botnia must not condition links with Uruguay

    The Argentine elected President sounds more conciliator

    Argentina's elected president Cristina Fernandez de Kirchner adopted a more pragmatic attitude towards the ongoing pulp mill conflict with Uruguay arguing that the outcome of the case presented before the International Court of The Hague is what matters and in the meantime ”we should not pledge our relations (with Uruguay) in other areas”.

  • Monday, November 5th 2007 - 20:00 UTC

    Citizens willing to accept sacrifices to curb climate change

    Canadians are among the world's leaders in being prepared to accept potential lifestyle changes and higher taxes in order to address climate change, according to a new poll released Monday.