Foreign capital inflow to Latinamerica should increase by 21% this year over 2009 particularly because of Brazil and Mexico anticipates the Institute of International Finance, the world’s largest bankers’ association.
Exxon-Mobil has completed an extended-reach well offshore southern California, which it claims is the world’s longest extended-reach well drilled from an existing offshore fixed platform drilling rig.
Millions of passengers have been stranded in Europe as air traffic controllers cancelled 16.000 flights Friday after a huge ash cloud spread from an Icelandic volcano covering much of the northern continent.