Stories for November 29th 2010

Monday, November 29th 2010 - 22:31 UTC
Petrobras confirms major oil find onshore in the Amazon region

Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new crude deposit in the Amazon region, where the energy company already is developing large natural gas reserves.
Monday, November 29th 2010 - 22:27 UTC
Obama begins to attack budget deficit: freezes federal workers pay for two years

Amid expectations over President Barack Obama's comments on the Wikileaks scandal, he instead offered a speech to announce a two-year freeze on the pay of federal workers, as he seeks to show he is committed to reining in the ballooning US budget deficit.
Monday, November 29th 2010 - 22:25 UTC
BP sells Argentina’s Bridas to Bulgheroni family and Chinese corporation

British Petroleum reached an agreement to sell its 60% stake in an Argentine oil and gas company to its joint-venture partner Bridas, which is owned in equal parts by China's CNOOC, China’s Natioonal Offshore Oil Company and the prominent Bulgheroni family of Argentina.
Monday, November 29th 2010 - 20:01 UTC
Unasur ban‘huge negative impact’ on Falkland Islands?

“A HUGE negative impact on us,” is how one Falklands fishing company views the Union of South American Nations’ declared intention to close their ports to Falklands flagged vessels, or in their words, ‘the illegal flag of the Malvinas’.
Monday, November 29th 2010 - 07:08 UTC
Cristina Kirchner clearly imposes her leadership and is frontrunner for 2011

In spite of the US State Department alleged concerns regarding the mental health of Argentine president Cristina Fernandez de Kirchner (one of the latest 250.000 documents released by WikiLeaks), a month after the death of her husband and political partner Nestor Kirchner the lady is riding on a wave of popularity and has clearly imposed leadership, according to political analysts.
Monday, November 29th 2010 - 06:49 UTC
Haiti presidential candidates claim elections were rigged; UN urges for calm

Unite Nations officials Sunday expressed “deep concern at numerous incidents” that disrupted Haiti's pivotal national elections that saw violence and protests over alleged fraud.
Monday, November 29th 2010 - 05:20 UTC
Protection for seven species of sharks and for bluefin tuna sushi lovers

International delegates have adopted new protections for seven species of shark but rejected ones for bluefin tuna, signaling that fisheries managers are willing to safeguard some of the world's most threatened marine predators but not others.
Monday, November 29th 2010 - 05:02 UTC
Europe confirms 85 billion Euros for Ireland; unveils Stability Mechanism

European ministers reached Sunday an agreement over a bail-out for the Irish Republic worth about 85 billion Euros. The deal will see 35bn euros go towards propping up the Irish banking system with the remaining 50bn euros to help the government's day-to-day spending.
Monday, November 29th 2010 - 04:53 UTC
Brazilian forces expel criminal gangs from favels; promise to stay

Public Security Secretary Jose Mariano Beltrame described the police raid on the Alemao Complex, known as “heart of the evil,” as a success. The criminals lost not only their territory, but also a huge amount of weapons, drugs, vehicles and other possessions, he said.