MercoPress. South Atlantic News Agency
Stories for May 20th 2011
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Friday, May 20th 2011 - 19:29 UTC
Brazil’s Golden Age–or Parade of White Elephants?
by COHA Research Associate Augustus Urschel.
The 2014 World Cup and 2016 Olympics.
Winning the 2014 World Cup and 2016 Summer Olympic bids continues to have both intended and unexpected consequences for this year’s miracle country. On November 28, 2010, Brazilian police and soldiers seized the Complexo do Alemão, a large favela in the Northern Zone of Rio, from drug lords. -
Friday, May 20th 2011 - 10:42 UTC
Piñera submits bill to repeal financing military expenditure with copper exports
Chilean President Sebastián Piñera signed a bill which, if approved by Congress, would eliminate a substantial source of revenue for Chile’s Armed Forces. Under current legislation, 10% of all export revenues from Chile’s National Copper Corporation (CODELCO) are directed to the Superior Council of National Defence, to be spent on weaponry and equipment.
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Friday, May 20th 2011 - 10:24 UTC
Uruguayan airline Pluna planning to open new domestic routes in Chile
For years LAN Chile has dominated the Chilean airways, but recent reports suggest Uruguayan based airline Pluna is hoping to open up new domestic flights within Chile, increasing the competition already offered by Sky airlines and PAL airlines.
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Friday, May 20th 2011 - 10:16 UTC
China says new IMF chief should better represent emerging economies
The new leadership of the IMF should reflect changes in the world economic order and be more representative of emerging market economies, People’s Bank of China Governor Zhou Xiaochuan said on Thursday.
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Friday, May 20th 2011 - 01:07 UTC
Falklands’ oil exploration companies expand early 2012 drilling program
Borders & Southern Petroleum has extended a contract for exploratory drilling in Falkland Islands waters to include at least another two wells, it was announced on Thursday by parties involved.
