Stories for December 2008

Tuesday, December 2nd 2008 - 20:00 UTC
Kuwait sovereign fund also interested in Repsol-YPF

The Kuwait Investment Authority, KIA, could rival a bid by Russian oil company Lukoil for the 20% stake in the Spanish oil corporation Repsol.YPF, according to the Finmarket website, which was published in Madrid's ABC newspaper.
Tuesday, December 2nd 2008 - 20:00 UTC
Oil tumbles to 47 USD; call for Russia & Norway to join OPEC

While oil skidded to its lowest level since May 2005 in New York on Tuesday, the head of OPEC (Organization of Petroleum Exporting Countries) said he hopes oil producing nations like Russia will join the organization, or at least agree to output cuts to help spark a rally in prices.
Tuesday, December 2nd 2008 - 20:00 UTC
Unemployment up is Spain: almost 3 million jobless

The number of people filing for jobless benefits in Spain soared to almost 3 million following a 6% rise in unemployment during November. The Labour Ministry said Tuesday that an additional 171,243 people signed on for unemployment benefits last month, bringing the total to 2.99 million.
Tuesday, December 2nd 2008 - 20:00 UTC
Suitcase scandal Venezuelan lawyer sentenced to jail

A Venezuelan lawyer who worked with his government's intelligence services to cover up an 800,000 US dollars cash campaign donation to Argentina's president was sentenced Monday afternoon in a Miami federal court to two years in prison on charges of being an illegal foreign agent.
Monday, December 1st 2008 - 20:00 UTC
Argentine industrial sector wants lower Peso to prop exports

Argentina's industrial sector is demanding that the government of President Cristina Fernandez de Kirchner lower the value of the peso to improve exports in a move to overcome the economic crisis.
Monday, December 1st 2008 - 20:00 UTC
Following visit Russian leader calls for bigger Latam role

Russian president Dmitri Medvedev said he was very satisfied with his Latinamerican tour which took him to Peru, Brazil, Venezuela and Cuba because it enabled to re-establish strong links with the region.
Monday, December 1st 2008 - 20:00 UTC
Japan imports whale meat from Iceland; first time in 17 years

Japan has bought whale meat from Iceland, the first time in 17 years it has imported the banned meat, according to a Saturday report from Kyodo News agency.
Monday, December 1st 2008 - 20:00 UTC
Chavez re-launches presidential indefinite re-election project

President Hugo Chavez is asking his party and supporters to propose a constitutional reform that would allow him to seek indefinite re-election while claiming his political adversaries are trying to bring down his elected government.
Monday, December 1st 2008 - 20:00 UTC
Republicans praise Obama's national security team

President-Elect Barack Obama will on Monday formally nominate his former rival Hillary Clinton as Secretary of State when he unveils his heavyweight national security team that has been welcomed by Republicans and military officers for its conservativeness and experience.
Monday, December 1st 2008 - 20:00 UTC
Falklands: jailed Spaniard accused of destroying drug haul

SPANISH citizen Rogelio Curras Pastoriza has been charged with an offence in relation to the loss of drugs from the police cell at Stanley Police Station in the Falkland Islands.