Stories for October 28th 2010

Thursday, October 28th 2010 - 06:16 UTC
Fraga: Cristina Kirchner chance to finally play her role as President

The disappearance of Nestor Kirchner generates multiple uncertainties and signals for the first time in Argentine history that the absence of someone who is not the president can cause such a situation and so many questions, writes Rosendo Fraga, Argentine historian and political commentator.
Thursday, October 28th 2010 - 05:59 UTC
Unasur presidents confirm presence at wake ceremony

Several Latin American presidents expressed sorrow for former President Néstor Kirchner's death and pledged to be present in the country for the upcoming wake of the UNASUR Secretary-General.
Thursday, October 28th 2010 - 05:55 UTC
Unasur members declare three days of national mourning

The Chilean government announced three days of national mourning to honour former Argentine president Nestor Kirchner who died of a massive stroke Wednesday morning at his home in El Calafate, Patagonia.
Thursday, October 28th 2010 - 05:54 UTC
Argentine shares and bonds reacted positively to death of Kirchner

Argentine shares and bonds rose on Wednesday after the death of political heavyweight and former President Nestor Kirchner removed from the 2011 election campaign a contender seen as unfriendly to markets.
Thursday, October 28th 2010 - 05:45 UTC
Mrs Kirchner promises to keep fighting “for all the Argentine people”

“I will keep fighting for all the Argentine people” was President Cristina Fernández de Kirchner first public message following the death of her husband and former president Nestor Kirchner early Wednesday morning in the Patagonian resort of El Calafate.
Thursday, October 28th 2010 - 05:39 UTC
United Nations, OAS and IMF leaders praise the former president

United Nations Secretary-General Ban Ki-moon stated he was “sorry to hear Néstor Kirchner had died so prematurely.” The UN leader placed strong emphasis on Kirchner's “relevant role for multilateralism.”
Thursday, October 28th 2010 - 05:32 UTC
LAN profits soar and plans to invest 7.7 billion USD to double its fleet

LAN Airlines which this week reported a doubling of third-quarter profit plans to invest 7.72 billion US dollars through 2018 to more than double its fleet as Latin American passenger and cargo traffic recovers.
Thursday, October 28th 2010 - 05:29 UTC
Petrobras confirms light oil at deepwater exploration well in north-east

Brazilian government-controlled energy giant Petrobras said signs of oil found at in its first deepwater exploration well in the Sergipe-Alagoas Basin mark the opening of a new “exploratory frontier”.
Thursday, October 28th 2010 - 05:09 UTC
Falklands’ Desire shares soar amid speculation of bid approach

Shares in Falkland Islands exploration company Desire Petroleum (DES.L) more than doubled on Wednesday following internet bulletin board speculation of a bid approach for the Falklands focused explorer and an oil find, traders said.
Thursday, October 28th 2010 - 05:01 UTC
LAN Airlines completes acquisition of second largest operator in Colombia

Chile’s flag carrier, LAN Airlines announced Wednesday an agreement to acquire 98.942% of the outstanding shares of Colombian airline AIRES, through the purchase of its parent entities.