Stories for November 2007

Tuesday, November 6th 2007 - 20:00 UTC
Brazil to boost defense industry and acquire 36 fighter jets

Brazil plans a major increase of the armed forces budget and a long term boost to the local defense industry and military technology which includes the purchase of 36 fighter jets worth 2.2 billion US dollars revealed the Brazilian press over the weekend.
Tuesday, November 6th 2007 - 20:00 UTC
Malvinas dispute: “I've offered to act but sides must agree”

United Nations Secretary General Ban Ki-moon said he has repeatedly offered his good offices to address the Malvinas/Falklands issue, but there must be an understanding between the countries involved, “and that has not happened”.
Tuesday, November 6th 2007 - 20:00 UTC
Emotional return of UK 82' veterans to the Falkland Islands

TWO hundred and fifty British Falklands War veterans landed at Mount Pleasant Airport at 9am this morning. The group visit under the auspices of the charity the South Atlantic Medal Association (82).
Tuesday, November 6th 2007 - 20:00 UTC
Fears of weaker dollar shoot oil and gold to record highs

Oil prices have risen to a record high above $97 a barrel, amid concerns over tight fuel stocks and a weak US dollar.
Tuesday, November 6th 2007 - 20:00 UTC
Ban Ki-moon Brazil agenda: climate and food security

U.N. Secretary General Ban Ki-moon said on Tuesday he would discuss how to balance climate change and food security in the development of biofuels when he visits major ethanol producer Brazil next week.
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

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

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

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.