MercoPress. South Atlantic News Agency
Stories for October 20th 2009
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Tuesday, October 20th 2009 - 07:59 UTC
Colombian president Uribe’s re-re-election is “in God’s hands”
Colombian President Alvaro Uribe said that whether he is re-elected for a third running mandate is “in God's hands”, but he does not want future generations to think that he was attached to power, reported Bogotá’s newspaper El Espectador.
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Tuesday, October 20th 2009 - 07:54 UTC
Brazil to slap tax on foreign capital inflow “to avoid speculation”
Brazil will impose a 2% tax on purchases by foreign investors of Real-denominated, fixed-income securities and on purchases of stocks. The measures are being taken “to avoid an excess speculation in the stock market and in capital markets” said Finance minister Guido Mantega told reporters Monday in Sao Paulo.
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Tuesday, October 20th 2009 - 07:51 UTC
Petrobras in new oil and gas output record prepares to drill sub-salt deposits
Brazil's government managed oil and gas company Petrobras said on Monday domestic oil output increased 1.2% in September, compared with August, to a record high as it completed platform maintenance and boosted output at some wells. The new record is 2 million bpd from 1.98 million bpd in August.
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Tuesday, October 20th 2009 - 07:48 UTC
Gorbachov blasts Russian electoral system as a “joke”
Mijail Gorbachov, the last Soviet president launched on Monday the strongest attack yet on Russian democracy saying that elections are a “joke” and the whole system is flawed.
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Tuesday, October 20th 2009 - 07:35 UTC
Chinese economy performing better than expected
The Chinese economy grew above 7% in the first nine months of the year and is poised to surpass the 8% expansion target for this year, according to a top official from the financial sector speaking in Beijing.
