Stories for November 2013

Wednesday, November 13th 2013 - 06:22 UTC
New oil resources does not mean an era of abundance cautions IEA

Technology and high prices are opening up new oil resources, but this does not mean the world is on the verge of an era of oil abundance, according to the International Energy Agency’s (IEA) 2013 edition of the World Energy Outlook (WEO 2013).
Wednesday, November 13th 2013 - 00:25 UTC
For the third time in five years, Miss Venezuela takes the Miss Universe crown

For the third time in five years, Miss Venezuela has taken the Miss Universe crown. Gabriela Isler became the 62nd Miss Universe last weekend beating out 85 other hopefuls in the 2013 pageant held at Moscow’s Crocus City Hall in Russia.
Wednesday, November 13th 2013 - 00:16 UTC
Uruguay sends bill to parliament banning ownership of land by foreign companies or governments

The Uruguayan government sent a draft law to parliament Tuesday that would ban the ownership of land by companies if they are in any way linked to foreign countries. The measure states it “aims to avoid the risk of foreign states breaching the sovereignty of the Uruguayan state in the absence of appropriate regulations and occupying a significant position in agricultural activity.”
Wednesday, November 13th 2013 - 00:09 UTC
OPEC admits shale oil boom, mostly in the US, will have an impact on world supply

OPEC said on Tuesday its rivals will produce more oil than expected this year, as it continued backpedaling from its previous skepticism over the significance of a US shale boom. The views of the Organization of the Petroleum Exporting Countries show it is narrowing its differences with oil consumers on the impact of resurgent North American output.
Tuesday, November 12th 2013 - 23:54 UTC
Brazil and Peru seal strong integration and cooperation alliance

Peruvian President Ollanta Humala and Brazil's Dilma Rousseff agreed on Monday to promote regional integration and trade as they marked the 10th anniversary of the bilateral strategic alliance. Rousseff arrived Monday in Lima on her fourth visit to Peru since Humala took power.
Tuesday, November 12th 2013 - 12:06 UTC
Falkland Islands' legislators elect three MLAs to the Executive Council

The first formal meeting of the newly elected Legislative Assembly was held on Monday morning in Stanley and it was confirmed that last Friday, following the election result the newly elected members of the Legislative Assembly met to discuss and distribute portfolio responsibilities.
Tuesday, November 12th 2013 - 08:14 UTC
Maduro promises more price controls while bargain hunters empty appliance stores

Venezuelans stood in lines outside appliance stores for a fourth day on Monday after President Nicolas Maduro deployed the army to force retailers to slash prices. After taking control of several appliance stores last week, Maduro vowed late Sunday to step up inspections of businesses selling shoes, clothes, automobiles and other goods to make sure they aren’t gouging consumers.
Tuesday, November 12th 2013 - 08:10 UTC
Lagarde praises Argentina's 'positive progress' in reforming economic data quality

Argentina has made “positive progress” in reforming the quality of its economic data, the head of the International Monetary Fund said on Sunday, adding that the IMF's board is set to review the country's moves in a few days.
Tuesday, November 12th 2013 - 08:02 UTC
European satellite plunges into the Atlantic south of the Falkland Islands

European Space Agency's (Esa) Goce satellite has re-entered the Earth's atmosphere, burning up in the process. US tracking data suggests any surviving debris fell into the South Atlantic, just off the tip of South America, south of the Falkland Islands.
Tuesday, November 12th 2013 - 00:21 UTC
Cristina Fernandez returns to office next Monday 18, but tests will continue

Argentine president Cristina Fernandez will resume official functions as of next Monday 18 November, after completing a month of convalescence, presidential spokesman Alfredo Scoccimarro announced on Monday. However further tests are programmed to check when the president can again travel by air.