Stories for November 7th 2009

Saturday, November 7th 2009 - 16:37 UTC
Polls show 7 points lead for Uruguayan incumbent presidential candidate

Uruguay’s ruling coalition presidential ticket, --Jose Mujica and Danilo Astori--, has a seven percentage points advantage over the opposition, Luis Alberto Lacalle and Jorge Larrañaga, for the run off the last Sunday of November, according to the latest opinion polls released in Montevideo
Saturday, November 7th 2009 - 16:35 UTC
Successful online marketing for Falkland Islands tourism

The results of the Falkland Islands Tourist Board’s first online marketing campaign in the UK have been outstanding, according to Jake Downing, General Manager of FITB.
Saturday, November 7th 2009 - 16:32 UTC
Petrobras testing discovery of “huge” natural gas reserves in Peru’s Amazon

Brazil's Petrobras said on Friday it is still studying drilling results from lot 58 in Peru's Amazon and has yet to estimate natural gas deposits there, a day after Peruvian President Alan Garcia said the company struck a large find.
Saturday, November 7th 2009 - 16:30 UTC
In spite of coup denials Paraguayan president continues with military purge

Paraguayan President Fernando Lugo continued to purge the top ranks of the military Friday, removing the armed forces' commander. Lugo fired the commanders of the country's army, air force and navy on Wednesday.
Saturday, November 7th 2009 - 16:16 UTC
Mining and construction backbone of Chile’s economic recovery

Mining and construction industries have led Chile’s economic recovery, according to a recently released economic report.
Saturday, November 7th 2009 - 16:12 UTC
British Airways reports record loss and faces threat of strikes

British Airways reported a record pre-tax loss Friday of more than 485 million US dollars, another setback for the airline as it faces the threat of strikes over the Christmas period.
Saturday, November 7th 2009 - 14:56 UTC
Chilean president Bachelet approval soars to record 80% in October

Chilean President Michelle Bachelet's approval rating rose to a record 80% in October, from 76% the previous month, according to an opinion poll published Thursday by polling institute Adimark GfK.
Saturday, November 7th 2009 - 14:54 UTC
Five days paid “honeymoon leave” for Chilean newlyweds

A proposed new law will guarantee Chilean employees five paid working days as “honeymoon leave” and will not take away from the legal yearly vacation days workers are given.
Saturday, November 7th 2009 - 14:50 UTC
Roubini warns of an assets bubble because of the dollar-carry trade

The prevalent dollar-carry trade, in which investors borrow US dollars at 0% interest rates, to park in risky assets across the globe could come to an end in the foreseeable future, which may result in a major crash in such risky asset classes such as equities and commodities, according to economist Nouriel Roubini.
Saturday, November 7th 2009 - 09:11 UTC
US economy shedding jobs for 22nd month in a row, longest period in 70 years

The unemployment rate in the United States rose to 10.2% in October, which was its highest rate since April 1983, according to figures from the US Labour Department.
Unemployment in September was 9.8%.