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.
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.
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.
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.
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.
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”.
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.