MercoPress. South Atlantic News Agency
Stories for March 7th 2009
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Saturday, March 7th 2009 - 15:09 UTC
Two Cuban figures admit having fallen for the “honey of power”
Two of Cuba's most prominent politicians have resigned from their Communist party and government posts after they were sacked from the cabinet, according to letters published by the Cuban media.
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Saturday, March 7th 2009 - 15:04 UTC
Chilean caught in Spain with broken leg cast made of cocaine
Spanish police arrested a man arriving at Barcelona's airport from Chile on a wheelchair after determining that the cast on his fractured left leg was made of cocaine, the Interior Ministry said in a statement Friday.
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Saturday, March 7th 2009 - 15:03 UTC
Lloyds Banking Group full nationalization closer
Britain’s Lloyds Banking Group is close to a deal with the government for a £258bn asset insurance scheme, according to BBC sources. The agreement could increase the taxpayer's share in the bank from its current level of 43% to as much as 70%, according to reports.
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Saturday, March 7th 2009 - 09:58 UTC
Lula da Silva wants Obama to become “partner” of Latinamerica
Brazilian president Lula da Silva said Friday that during his coming meeting with his US counterpart on Saturday March 14 he would ask President Obama to adopt a more “development minded” attitude towards Latinamerica.
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Saturday, March 7th 2009 - 09:52 UTC
Brazil begins commercial extraction of oil at 6.000 metres
Brazil's energy managed corporation Petrobras will extract its first crude oil from the potentially huge offshore Tupi field find, of late 2007, below the salt layer of the Santos basin next May, announced President Lula da Silva.
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Saturday, March 7th 2009 - 09:49 UTC
Brazil denies trade reprisals against Argentina
Brazil denied it was thinking on reprisals against Argentina because of the restrictive measures imposed to the access of Brazilian goods and also rejected it had threatened to take the case to the World Trade Organization.
