Stories for September 12th 2008

Friday, September 12th 2008 - 21:00 UTC
Uruguay flag carrier: a repeat of Aerolíneas soap-opera?

Uruguayan flag air carrier Pluna is facing financial turbulences, a story which seems a repeat of Latinamerican government airlines in the brink of having to ground overwhelmed by debts, unachieved objectives and sheer planning incompetence.
Friday, September 12th 2008 - 21:00 UTC
Brazil full support for Morales and warns Bolivian “terrorists”

Brazil will not accept any attempt to overthrow the government in Bolivia as opposition protests spiral into deadly clashes with government supporters, the Brazilian president's foreign policy adviser said on Thursday.
Friday, September 12th 2008 - 21:00 UTC
Chavez ousts US ambassador and recalls his

Venezuelan President Hugo Chavez announced on Thursday that the Unite States ambassador has 72 hours to leave Venezuela and he's recalling his ambassador from Washington.
Friday, September 12th 2008 - 21:00 UTC
Argentina officially reacts to Miami court cash scandal case

The Argentine government said that relations with United States “have been affected” and described the Miami federal court cash scandal case, which allegedly involved money for President Cristina Fernandez de Kirchner electoral campaign, as a political operation.
Friday, September 12th 2008 - 21:00 UTC
Falkland Islands: Weekly Penguin News Update

Headlines: Robin returns to receive honour; Saints to learn from our mistakes?; Remains identified; Inside: New staff at FICS; Uni students boost aquaculture project; Dictionary of Falklands Biography; Penguin News goes winch training.
Friday, September 12th 2008 - 21:00 UTC
Countdown for Lehman Brothers and little of Blucher on sight

Executives at United States investment bank Lehman Brothers are racing to meet a deadline of Sunday night to find a new owner for the troubled bank, the BBC has learned.
Friday, September 12th 2008 - 21:00 UTC
Debt strapped Spanish builder wants out from Repsol-YPF

The impact of Spain's housing market crash has a new chapter: construction company Sacyr Vallehermoso SA is considering selling its 20% stake in oil major Repsol-YPF, as it struggles with a sinking property market and soaring financial costs, according to an announcement released Friday by Spain's Markets Commission, CNMV.
Friday, September 12th 2008 - 21:00 UTC
EU cuts bio-fuels target for transport road to 10% by 2020

European Union lawmakers voted this week to cut in half an ambitious target for using crop-based bio-fuels for 10% of its road transport needs by 2020. The vote by the European Parliament's industry committee deals a blow to climate change goals agreed by EU leaders last year to try to cut carbon dioxide emissions.
Friday, September 12th 2008 - 21:00 UTC
Full support for Bolivia's Morales from regional leaders

Bolivian President Evo Morales after having secured support from South American neighbors tried on Friday to halt a wave of political violence that has killed at least 12 people by arranging talks with one of four rebel governors who fiercely oppose his reforms.
Friday, September 12th 2008 - 21:00 UTC
US stops being polite as spat with Venezuela grows

The United States stopped trying to be polite Friday in an escalating diplomatic shoving match with the populist leaders of Venezuela and Bolivia. Washington slapped new sanctions on three aides close to Venezuelan President Hugo Chavez and called him weak and desperate. The Venezuelan ambassador got the boot for good measure, a move that was purely for show. Chavez had already brought his man home.