Stories for November 2008

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.
Monday, November 24th 2008 - 20:00 UTC
“Norwegian Sun” and “Radiance” open Uruguay's season

“Norwegian Sun” and “Radiance of the Seas” will be making the official opening the Uruguayan cruise season in Montevideo next December 8, which this year is expected to total 182 calls between Montevideo and Punta del Este.
Monday, November 24th 2008 - 20:00 UTC
Asean and Mercosur explore possible trade expansion

Asean and Mercosur representatives are meeting Monday in Brasilia to explore new venues of promoting trade and investments according to a release from the Brazilian Foreign Affairs ministry. This is the first time the two blocks as such meet.
Monday, November 24th 2008 - 20:00 UTC
Calls for better UN coordination of ozone depletion efforts

United Nations should twin its efforts to combat ozone depletion and climate change to reap the greatest economic and environmental benefits, governments concluded at a recent global gathering.
Monday, November 24th 2008 - 20:00 UTC
UK pre-budget report: VAT down two points; record borrowing

Britain's Chancellor Alistair Darling has cut VAT but taken borrowing to record levels in moves he says are needed to save the UK from a deep and long-lasting recession. Top earners also face more tax and all National Insurance contributions will rise, he said in his pre-Budget report.
Monday, November 24th 2008 - 20:00 UTC
Obama names top economic advisers; warns of challenges

United States President-elect Barack Obama has named his top economic advisers to oversee a huge economic stimulus package. Timothy Geithner, the president of the New York Federal Reserve, will be the next US treasury secretary.
Monday, November 24th 2008 - 20:00 UTC
Opposition grabs Caracas and 5 states in Venezuelan polls

Venezuela's opposition cut deep into President Hugo Chávez's majority and standing during last Sunday's local elections when it won five of the country's most populous states as well as the crucial mayor's office of the capital Caracas.