MercoPress. South Atlantic News Agency
Stories for November 22nd 2010
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Monday, November 22nd 2010 - 20:54 UTC
Italy’s Eni to invest 7 billion USD in developing Venezuela’s oil and gas reserves
Petroleos de Venezuela SA and Italy’s Eni SpA said they’ll jointly invest 17 billion US dollars to produce and refine heavy crude in the Orinoco Belt.
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Monday, November 22nd 2010 - 20:45 UTC
Bolivia rejects US warning and will have dealings with whomever it wishes
Bolivian President Evo Morales delivered a blunt reply on Monday to visiting US Secretary of Defence Robert Gates's warning about dealings with Iran, saying Bolivia will ally with whomever it wants.
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Monday, November 22nd 2010 - 19:14 UTC
Trade among Latinamerican countries expected to increase 22% in 2010
Trade among Latinamerican countries is expected to increase 22% during 2010, which is higher than forecasted, according to the UN Economic Commission for Latinamerica and the Caribbean, Cepal. This follows a drop of 0.9% in 2009 when the full impact of the global crisis.
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Monday, November 22nd 2010 - 18:01 UTC
Relief for Euro and bonds as Ireland € 95 billion rescue package is announced
Ireland became the second Euro country to seek a rescue as the cost of saving its banks threatened a rerun of the Greek debt crisis that destabilized the currency. The Euro rose and European bond risk fell Monday following the announcement of the package.
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Monday, November 22nd 2010 - 04:11 UTC
EU/Mercosur trade agreement still far away, say Spanish analysts
The European Union Mercosur trade agreement is still far from becoming a reality and the coming Ibero-American summit in Mar del Plata early December is not expected to signal any significant achievement in this field, according to Spanish political analysts who anticipate some advances towards the end of next year.
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Monday, November 22nd 2010 - 04:09 UTC
EU and the US pledge to reach a deal on the Doha trade negotiations next year
European Union leaders and President Barack Obama over the weekend made a point of stressing EU/US close ties after a low-key summit in Lisbon ended with a pledge to push for a deal in the Doha trade negotiation next year.
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Monday, November 22nd 2010 - 00:12 UTC
Brazilian navy plans a fleet of 20 subs, six nuclear powered
The Brazilian navy is planning to build and incorporate in the next decades a fleet of six nuclear powered and 20 conventional submersibles (15 new and five refurbished), making it the most dissuasive fleet of South America.
