Stories for November 24th 2008

Monday, November 24th 2008 - 20:00 UTC
Venezuela elections: Chavez opponents make poll gains

Venezuela's opposition has made gains in regional polls, but President Hugo Chavez's allies have held onto at least 17 of the country's 22 governorships.
Monday, November 24th 2008 - 20:00 UTC
US gov. guarantees Citigroup mortgages and injects cash

The US government will guarantee $306bn of Citigroup's problem mortgages and other assets, and will also give the banking giant a $20bn cash injection after a collapse in its share price.
Monday, November 24th 2008 - 20:00 UTC
North Falkland basin prospects of 4.3 billion barrels

NORTH Falkland Basin oil and gas exploration company Rockhopper Exploration have announced prospects of over four billion barrels of oil and gas.
Monday, November 24th 2008 - 20:00 UTC
Mexican leader in Bs As to sign strategic association

Mexican president Felipe Calderón arrived in Buenos Aires late Sunday for a two-day official visit, during which he and President Cristina Fernández de Kirchner will make the first steps in the Strategic Association deal signed by the countries last year.
Monday, November 24th 2008 - 20:00 UTC
APEC Lima summit pledges open markets and free trade

The 21 economies, which represent almost two thirds of the world's GDP pledged during a two-day summit in Lima, Peru not to erect new protectionist barriers for the next year, and to re-launch stalled World Trade Organization talks.
Monday, November 24th 2008 - 20:00 UTC
Chilean, Argentine naval forces parade in Punta Arenas

A joint parade of Argentine and Chilean naval schools graduates took place Sunday in Punta Arenas Main Square followed by a march along the city's streets, the first time ever of such an event.
Monday, November 24th 2008 - 20:00 UTC
Russia to drill for oil in deep Gulf of Mexico Cuban waters

Russian oil companies could soon begin searching for oil in deep Gulf of Mexico waters off Cuba, a top diplomat said just days before Russian President Dmitry Medvedev visits the island.
Monday, November 24th 2008 - 20:00 UTC
Skeptic outlook about Mercosur in current circumstances

The president of the Standing Committee of Mercosur representatives said he feels frustrated with the workings of the South American trade group and proposes drastic changes since in the current global circumstances integration advances in the region could even turn negative.
Monday, November 24th 2008 - 20:00 UTC
“Nestor, what a vice president you picked for me”

The differences between Argentina's ruling couple Cristina and Nestor Kirchner and vice president Julio Cobos seem irreconcilable and become worse to the minute.
Monday, November 24th 2008 - 20:00 UTC
Opinion polls show Uruguayan opposition leading vote intention

According to the latest public opinion poll published in the Montevideo press, the Uruguayan ruling coalition is loosing ground in vote intention, --although still high--, while the main party opposition keeps advancing.