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HaitiSun.com Friday 3rd September 2010 Edition 8/246
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India-South America trade deal to be expanded
India's Minister of State for Commerce and Industry Jyotiraditya Scindia said here Thursday that India and a trade bloc of South American countries have agreed to expand a trade...


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Venezuela introduces Cuba-like food card
Presented by President Hugo Chávez as an instrument to make shopping for groceries easier, the ``Good Life Card'' is making various segments of the population wary because they see it as a...
Five police officers, three soldiers dead in Colombia
The three soldiers were killed Thursday in two clashes with alleged members of the Revolutionary Armed Forces of Colombia (FARC) in the provinces of Norte de Santander, on the border with...
Electric Power - Ecuador - Termopichincha looks to widen scope with geothermal
is gearing up to begin studies to advance development of the country's geothermal potential, a projects department official told BNamericas. The work will target the Chachimbiro geothermal...
Banking - Colombia - Colpatria willing to buy back 49.7% stake from GE Money, mulls IPO
Colombian conglomerate Colpatria would be interested in buying back the 49.7% stake GE Money holds in its banking unit and may use the stock market to finance the purchase, a spokesperson confirmed...
Privatization - Argentina, Paraguay - Ministers to discuss waterway agreement on September 10
) Efrain Alegre and Argentina's federal planning minister, Julio de Vido, will meet on September 10 to discuss dredging a binational stretch of the Paraguay-Parana waterway, MOPC's project manager...
Mining - Chile - Controversy over Codelco's future sales contracts shows lack of knowledge - source
due to future sales contracts signed at prices below current levels demonstrates a lack of knowledge regarding the industry, an inside source told BNamericas. The controversy started when...
Infrastructure - El Salvador - La Union, Acajutla ports should operate as single unit - APM Terminals
regional manager for Latin America, Henrik Pedersen. "El Salvador is not that big a country and the two terminals by themselves are not that big. In my opinion, those ports should be run under...
Water & Waste - Brazil - Sabesp inks US$600mn Tiete financing deal with IDB
, a company spokesperson told BNamericas. "The contract, signed at 12 noon [Sep 3] in Brasilia, entails financing for work on phase III of the Tiete river sanitation project in northern Sao...
Telecommunications - Haiti - "Benchmark" mobile operator is launched - IFC
The deal closed between Vietnamese mobile operator Viettel and Haitian state telco Teleco and its majority owner, the central bank of Haiti (BRH), to create a new telecommunications firm in the...
Duke Energy's Brazil Unit Seeks To Expand Beyond Hydro Power
Duke Energy Corp.'s (DUK) Brazilian unit said Friday it is seeking authorization to change its company statute in order to expand beyond hydroelectric power...
One ton of cocaine seized in Colombia
Bogota - Colombian police seized a little over 1 ton of cocaine hidden in two trucks, officials said Friday.Police said the drugs were hidden in the fake bottom of the trucks, which were stopped at a...
Juanes to work for peace in Medellin
Colombian pop star Juanes will be a spokesman for peace in Medellin, which is suffering a wave of violence due to gangs battling for control of the city. In a telephone conversation with Medellin...
Proposal Grants Far-Reaching Jurisdiction to Community Justice
Law & Justice In the recently released Jurisdictional Definition Law drawn up by the Vice-Ministery of Indigenous Justice, jurisdiction over cases involving public corruption, drug-trafficking,...
Serbia gets by Argentina
KAYSERI, Turkey (AP) Aleksandar Rasic made four free throws in the last 11 seconds Thursday to help Serbia upset top-ranked Argentina 84-82 and win Group A at the FIBA World...
Oil & Gas - Brazil - Minority shareholders to be diluted by Petrobras capitalization - analysts
(NYSE: PBR) is expensive enough to fend off most minority shareholders from the capitalization process, Erick Scott Hood, an analyst at SLW Corretora, told BNamericas. According to the...
Metals - Venezuela - Alcasa expects to increase production in H2
expects to improve production levels in H2, a Sintralcasa union official told BNamericas. "The goal is to produce about 7,000t/m of rolled products and 3,000t/m of cylinders, incorporating 30...
Water & Waste - Paraguay - MOPC, Essap planning US$80mn water, sanitation projects
are working on projects worth some US$80mn to reduce the country's water and sanitation deficit, public works and communications minister Efrain Alegre told BNamericas. The projects will be...
Insurance - Chile - Regulator weighs cat bond, microinsurance to protect against earthquakes
is considering issuing a catastrophe (cat) bond or raising catastrophic funds as financing alternatives against natural disasters, as well as developing lower-cost earthquake premiums, SVS head...
Info. Technology - Central America - Software cluster sets sights on recovering European economies
The Central American software cluster has set the European market atop its priority list, with prime export opportunities in recovering economies such as Germany and Switzerland, the director...
BRAZIL: Sugarcane's Electrical Potential Goes to Waste
RIO DE JANEIRO, Sep 3, 2010 (IPS) - Sugarcane could replace the energy produced by three hydroelectric dams like the Belo Monte in the Amazon, claims the Brazilian sugarcane industry, which remains...
Ortega: Santos knows San Andres belongs to Nicaragua
Caribbean archipelago of San Andres, Providencia and Serrana belongs to Nicaragua. "I am certain that President Juan Manuel Santos knows that San Andres and its islands belongs to Nicaragua," Ortega...
Preview: Liga Postobon week 8
The Colombian Liga Postobon continues this weekend with several clashes that could reshape the top of the table. The action starts on Friday with fifth-place La Equidad hosting troubled America de...
Judge to take death threats to UN
Colombian Judge Jenny Jimenez, who was criticized by former President Alvaro Uribe for issuing an arrest warrant against a former government official, plans to seek protection from the U.N. after...
Battle brewing between Canadian gold miners over promising Argentina mine
A takeover battle is brewing between Canadian gold companies Goldcorp Inc. and Eldorado Gold Corp. over the U.S. owner of a promising mine in Argentina. Goldcorp. said Friday it has found a "perfect...
Hasebe to miss Paraguay, Guatemala games
YOKOHAMA — World Cup captain Makoto Hasebe has pulled out of Japan’s friendlies against Paraguay and Guatemala because of a bruised calf muscle, the Japan Football Association announced...
It's a hot time in Argentina for the media
Alleged wiretapping hearings lead by a politician, the shutdown of an Internet provider and the investigation of a newsprint factory have all occurred in Argentina over the last few days. They all...
Analysis: Security, Regulatory Reforms Revive Colombia Oil Production
After a period of steady decline, Colombia has seen an increase in oil production due to Colombian government efforts to curb drug and insurgent-related violence in the country and implement...
14 cops killed in Colombia ambush, rebels blamed
Suspected leftist rebels killed 14 police officers and wounded seven in an ambush of a five-truck convoy in southern Colombia, a police commander said Thursday. Elsewhere in the country, two separate...
Santos condemns FARC Caqueta attack
Colombian President Juan Manuel Santos Friday condemned the FARC attack in Colombia's Caqueta department in which fourteen policemen were killed. "My heart is with the families of these heroes of...
Police seize ton of cocaine in east Colombia
seized a ton of high quality cocaine on the Magdalena Medio highway between the municipality of Puerto Boyaca in the Boyaca department and Cimitarra, Santander. Police commander General Orlando...
Army kills 11 ELN guerrillas in combat
Eleven guerrillas were killed and one was injured in an attack by Colombia's Air Force in the eastern department of Arauca, the army announced on Friday. The commander of the National Army's 8th...
Venezuela's rife crime political peril for Chavez
CARACAS (Reuters) - Children tussle after dark on a dusty soccer field used just weeks ago as a shooting range by local drug gangs, a sign that a new police force is making a mark on one of...
Fidel Castro Gives Major Public Speech
Cuba's leader Fidel Castro, left, grips the arm of a bodyguard as he arrives to deliver a speech to students outside Havana's University in Havana, Cuba, 3 Sep...
Argentina gold mine sparks rival bids
Eldorado Gold , another Canadian miner. Shares in gold miners have been buoyed this year by record prices as investors switched into the precious metal as a haven against turmoil in financial...
Colombia to relaunch security policy: Minister
Colombia's Interior and Justice Minister said on Friday the government will relaunch its security policy to counter soaring violence in cities and guerrilla attacks in the countryside. Minister...
Investigated Uribe aide leaves country
Bernardo Moreno, the personal secretary of former President Alvaro Uribe, left Colombia while authorities are in the middle of a criminal investigation against him, one of the prosecutors told...
Peso GDP Warrants Reach Cheapest in 5 Months: Argentina Credit
Sept. 3 (Bloomberg) -- The Argentine currency’s record losing streak is dragging peso-denominated warrants tracking economic growth to the lowest in five months relative to those priced in...
Real Traders Defy Mantega as Currency Advances: Brazil Credit
Sept. 3 (Bloomberg) -- Brazilian Finance Minister Guido Mantega is failing to convince currency traders that the real is poised to slump as foreign investment pours into the country’s stock and...
Brazil's Petrobras unveils $64-bln share offer
Brazil's state-run oil company Petrobras on Friday unveiled a huge share offering which could raise 64 billion dollars to help finance new exploration projects in the country. Some 2.1 million...
Brazil's Petrobras unveils $64 bln share offer
RIO DE JANEIRO (AFP) – Brazil's state-run oil company Petrobras on Friday unveiled a huge share offering which could raise 64 billion dollars to help finance new exploration projects in the...
2nd UPDATE: Brazil's Petrobras To Seek $64 Billion From Share Sale
will offer a total of 3.75 billion shares, of which 2.17 billion would be voting stock and 1.58 billion would be preferred shares, the company said Friday in a statement. Based on Thursday's...
Chile SQM To Open Plant In Brazil, Mulls Entering India-Report
Sociedad Quimica y Minera de Chile SA (SQM, SQM-B.SN), one of the globe's leading fertilizer and specialty chemical producers, will expand...
Batista: Argentina can beat Spain
At 47 years of age, Sergio Batista finds himself charged with the coaching opportunity of a lifetime: taking the reins of Argentina’s national team. Handed the role on an interim basis, thanks in...
Chavez: Venezuela is not a sanctuary for terrorists
his country is not "a sanctuary for violent armed groups" and reiterated Venezuela's disposition to re-establish "cordial and cooperative" relations with Colombia based on "mutual respect." The...
Santos calls military summit over FARC attacks
's Casa de Nariño to examine Colombia's security situation, following three suspected FARC attacks against Colombia's armed forces within 24 hours. Authorities on...
Betancourt to publish book on FARC kidnapping
to release a book in late September detailing her experience as a guerrilla captive. The book, written in French, is titled "Même le silence a une fin" ("Even silence has an end"), and will...