MercoPress. South Atlantic News Agency
Stories for December 8th 2010
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Wednesday, December 8th 2010 - 04:50 UTC
Antarctic luxury cruise vessel heading for Ushuaia after suffering engine failure
A Maltese-flagged cruise ship with 160 people on board which on Tuesday declared an emergency as it was sailing across the Drake Passage off the southern tip of South America is limping back to Ushuaia, its port of destination, according to a release from the Argentine Navy.
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Wednesday, December 8th 2010 - 00:58 UTC
Higher rates expected to dent into Brazil’s booming auto sales
Interest rates on financing car sales without a down payment have almost doubled in Brazil following last week’s liquidity tightening measures from the central bank, reports O Estado de Sao Paulo, adding that higher financial costs could dent automobile sales by as much as 20%.
