Stories for September 2010

Monday, September 6th 2010 - 05:05 UTC
Brazilian investment fund purchases Burger King targets Latam expansion

Burger King (NYSE:BKC) announced that it has agreed to sell the company to an investment firm based out of Brazil in a deal valued at approximately 4 billion US dollars, which includes the assumption of debt.
Monday, September 6th 2010 - 04:54 UTC
EU agrees on three new watchdogs for the financial system

European Union has reached an agreement on reforms in the financial sector with the creation of a European Systemic Risk Council and three new watchdogs covering banking, insurance and securities markets.
Monday, September 6th 2010 - 04:49 UTC
Canadian companies fighting to control rich gold and silver project in Patagonia

Rival Canadian gold mining companies Goldcorp and Eldorado have locked horns in a fight to buy up Andean Resources Ltd.
Monday, September 6th 2010 - 04:33 UTC
Cuban blogger joints the list of World Press Freedom Heroes

Cuban blogger Yoani Sanchez said this weekend that she feels “very responsible” following the International Press Institute’s decision to choose her as one of its 60 World Press Freedom Heroes.
Monday, September 6th 2010 - 04:30 UTC
Following killing of 14 policemen Colombia rules out any dialogue with FARC

Colombian Defence minister Rodrigo Rivera ruled out any dialogue with the FARC (Revolutionary Armed Forces of Colombia) guerrillas after they killed five soldiers and 14 police officers, and called on the Army to get tougher on terrorist actions.
Monday, September 6th 2010 - 04:26 UTC
IMF confident world economy is recovering but warns about fiscal consolidation

The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, IMF First Managing Director, John Lipsky said on Sunday.
Monday, September 6th 2010 - 04:20 UTC
A majority of Montevideo residents (71%) feel the city is not safe

A majority of Uruguay’s capital Montevideo residents (71%) feel the city is not safe and fear “mugging in the streets” and “young people consuming ‘pasta base’” (a cheap by-product of cocaine). They are also unsatisfied with the city’s transport system.
Sunday, September 5th 2010 - 11:14 UTC
Chile: 'Don't give up,' plane crash survivors tell trapped miners

For months, the men waited in isolation, struggling to survive. They forced themselves to eat the flesh of dead friends to sustain themselves.
Saturday, September 4th 2010 - 05:40 UTC
Mercosur and India discussing expansion of current tariffs agreement

Indian Industry and Commerce Minister Jyotiraditya Scindia said that India and Mercosur are discussing the possibility to expand a current agreement on tariffs.
Saturday, September 4th 2010 - 05:36 UTC
South Korea confirms interest in free trade talks with Mercosur

South Korea, Asia’s fourth largest economy is seeking to launch bilateral trade talks with Mercosur in a move to deepen links with Latinamerica according to a report from the Yonhap news agency.