Stories for January 7th 2009

Wednesday, January 7th 2009 - 20:00 UTC
Chile's presidential election has two main candidates

A public opinion poll gauging the support of what are considered Chile's five main political leaders –and presidential hopefuls--, shows the head of the conservative opposition leading comfortably, but his runner up is closing in.
Wednesday, January 7th 2009 - 20:00 UTC
Uruguay, Peru, Brazil best performing economies

Brazil's economy, Latin America's largest, will likely end 2008 with an expansion of 5.9%, according to new estimates from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
Wednesday, January 7th 2009 - 20:00 UTC
Accounting fraud (Enron style) rocks Indian markets

A four-day relief rally on India's stock market ended abruptly on Wednesday after the chairman of Satyam Computer Services Ltd resigned with a confession of accounting fraud in India's biggest corporate governance scandal.

Satyam's shares collapsed 78%, leading the bellwether Sensex index on the Bombay Stock Exchange (BSE) down 7.3%.
Wednesday, January 7th 2009 - 20:00 UTC
Chilean Congress investigates ENAP losses & gas projects

Chile's Lower House unanimously approved this week the naming of a special committee to investigate the financial performance of government owned hydrocarbons corporation ENAP, that suffered huge losses in 2008, and gas exploration projects in Tierra del Fuego which have been described as commercially “non viable”.

Chile's presidential election has two main candidates