Stories for November 2009

Friday, November 27th 2009 - 08:57 UTC
Falklands’ exploratory oil drilling season takes off

Falkland Oil & Gas Ltd. and Explorers Borders & Southern Petroleum are set to boost their coffers via share sales, with the cash earmarked for drilling work off the Falkland Islands, reports Upstreamonline. Oil rig “Ocean Guardian” left Scotland.
Friday, November 27th 2009 - 08:47 UTC
Full support for Brazilian incumbent presidential pre-candidate

Brazilian cabinet chief Dilma Rousseff, and presidential hopeful for next year’s election, said that very soon she would no longer need to use a wig, forced on her since she had to undergo chemotherapy treatment.
Friday, November 27th 2009 - 08:43 UTC
Ecuadorean oil in exchange for Chinese credits, cooperation and war planes

Ecuador and China signed this week three cooperation agreements worth 442 million US dollars including a loan to buy four warplanes, announced the Ecuadorian government. The two countries are also planning joint operations in developing oil fields in the Amazon zone.
Friday, November 27th 2009 - 08:40 UTC
Volkswagen plans to invest 3.5 billion USD in next five years

Volkswagen do Brasil said Thursday it will invest the equivalent of 3.5 billion US dollars in Brazil between 2010 and 2014 in an attempt to overtake Fiat as the country's number one car and truck retailer.
Friday, November 27th 2009 - 08:38 UTC
IMF identifies four crucial challenges ahead for policymakers

International Monetary Fund Managing Director Dominique Strauss-Kahn said the global economy has made remarkable progress and now stands at the cusp of recovery, but it still remains highly vulnerable to shocks and policy missteps
Friday, November 27th 2009 - 08:36 UTC
Dubai’s financial health sends shock waves to world markets

European, Asian and Latinamerican shares have been hit by concerns over Dubai's financial health, after a government-owned company asked for an extension on repaying its debts.
Friday, November 27th 2009 - 05:22 UTC
Honduras Supreme Court supports Zelaya’s ousting procedure

Honduras Supreme Court apparently has supported the ousting of deposed President Manuel Zelaya according to judicial sources which makes his reinstatement highly improbable.
Friday, November 27th 2009 - 05:19 UTC
Spain’s Repsol only interested in selling minority stake in YPF

Spain's main oil company Repsol is not interested in selling more than a minority stake in its Argentine YPF unit, despite a report it had a new Chinese bid on the table for a majority holding.
Friday, November 27th 2009 - 05:14 UTC
Brazilian Senate further delays vote on Mercosur incorporation of Venezuela

Former Brazilian president and head of the Senate Jose Sarney said that the upper house has no interest “for the moment” in casting a vote on the Protocol papers for the incorporation of Venezuela as the fifth full member of Mercosur.
Friday, November 27th 2009 - 05:12 UTC
South America backs Argentina/Uruguay bid to host 2030 World Cup

South American football's governing body CSF has backed a bid by Argentina and Uruguay to jointly stage the 2030 World Cup finals to commemorate the centenary of the first tournament that was also held in Uruguay.