Venezuela Nationalizes Country's Third Largest Bank
The Venezuelan government took control of the country's third-largest bank on Friday amid a wave of nationalizations led by President Hugo Chavez. The purchase of Spanish-owned Banco de Venezuela allows Mr. Chavez to tighten the government's grip on the
Editors' Picks: H1N1 crossover suspected in Argentina
Argentina believes it's home to the second suspected case of humans passing the pandemic H1N1 flu virus to hogs, according to the Reuters news agency. Reuters' Helen Popper on Wednesday quoted an Argentine government spokesman as saying workers at a hog
Bright prospects for Vietnam-Brazil trade cooperation
A seminar on promoting Vietnam-Brazil cooperation in trade and investment has been held in Curitiba city in Parana State, Brazil. The event was organised by Vietnams Commercial Affair Division under Vietnams Embassy in Brazil in coordination with the
Venezuelans celebrate their Independence Day
Members of the tiny Venezuelan community in Jakarta celebrated their country's 198th Independence Day in a cheery fashion Friday evening at the Gran Melia Hotel in Jakarta. Since the actual Independence Day falls on Sunday, the Venezuelan Embassy decided
DJ Brazil Miner Vale In Talks With Thyssen On CSA Mill Stake
Brazilian iron ore mining giant Vale SA (VALE) is in discussions to purchase an additional stake in its CSA steel mill joint-venture with ThyssenKrupp AG (TKA.XE), Vale said in a statement late Friday. 'The discussion is taking place in light of the need
Petrobras begins refining "pre-salt" crude
Brazilian state-controlled energy giant Petrobras said it has begun refining the first oil extracted from the ultra-deep Tupi field, one of the massive, 'pre-salt' discoveries in the Santos Basin. In a statement late Thursday, Petrobras said it began
Morocco, Chile sign fisheries agreement
(MENAFN - ) Morocco and Chile signed on Thursday an agreement on the implementation of a bilateral memorandum of understanding to strengthen cooperation in the fisheries and aquaculture sector. A statement of the ministry of Agriculture and fisheries
Argentina expected to be tough for Black Sticks
New Zealand women's hockey coach Mark Hager's promising an improved showing from his side ahead of this afternoon's second test against Argentina in Whangarei. The Black Sticks were beaten 7-4 in the opening match. While Hager expects his side to step
Colombia Isagen Rises to Record on Government Sale Speculation
The sale of the government?s stake in the company will attract foreign investors (Bloomberg)?Isagen SA, Colombia?s state- controlled power generator, climbed to a record high in Bogota trading on speculation the sale of the government?s stake in
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