“Author Archive”

Remittances to Mexico fell 14 % in November

Remittances to Mexico fell 14 % in November

Mexico City: Mexican emigrants sent home just less than $1.5 billion in November, down 14.43 percent from the same month in 2008 and the lowest monthly total since March 2005, the Mexican central bank said. Of that total, $1.45 billion was sent via electronic transfers, $25.61 million in money orders and $20.82 million in cash, [...]

January 5 2010 | Posted in Business News | Read More »

Bolivia asks Jindal to honour investment pledge

Bolivia asks Jindal to honour investment pledge

La Paz: Bolivia has called on India’s Jindal Steel and Power Limited to honour its pledge to invest $2.1 billion in an iron ore joint venture project in the country. “We see that there’s a delay in the investments. We trust that Jindal will understand that it has to respect its commitments. We’re demanding fulfillment [...]

December 31 2009 | Posted in Business News | Read More »

US to use Colombia to attack Venezuela: Chavez

US to use Colombia to attack Venezuela: Chavez

Caracas: The US is preparing to attack Venezuela using Colombian soldiers under the pretext of attacking guerrilla camps supposedly located on Venezuelan soil, President Hugo Chavez has said. Chavez Monday said during a military ceremony that “the verbal war” began several days ago when spokespersons of the Colombian government again accused Venezuela of having guerrilla [...]

December 29 2009 | Posted in News | Read More »

Yemeni airstrike kills 30 Al Qaeda members

Yemeni airstrike kills 30 Al Qaeda members

Cairo : An airstrike Thursday killed 30 men suspected of plotting attacks against Yemeni and foreign targets on behalf of the Al Qaeda terrorist network, a security official said. The pre-dawn strike targeted a meeting of Al Qaeda members in eastern Yemen’s Shabwa province, an official from Yemen’s High Security Committee told Yemen’s state-run 26 [...]

December 24 2009 | Posted in News | Read More »

Chilean airline to buy 30 jets for $2 bn

Chilean airline to buy 30 jets for $2 bn

Santiago : Chilean flagship airline LAN has signed a deal to purchase 30 Airbus A320 jets at a price of around $1.97 billion, the company said, adding that they will gradually be incorporated into its fleet between 2011 and 2016. The new airplanes will operate flights in Latin America and domestic routes in Argentina, Peru, [...]

December 24 2009 | Posted in Business News | Read More »

Venezuela, China sign oil, mining agreements

Venezuela, China sign oil, mining agreements

Caracas :Venezuela and China have signed several new accords, one of which calls for Caracas to sell 500,000 barrels of oil per day to the Asian country and another providing $1 billion in Chinese credit for Venezuelan mining projects. The agreements were signed here at the end of a meeting of a high-level bilateral commission, [...]

December 24 2009 | Posted in Business News | Read More »

37 mummies found in Mexico

37 mummies found in Mexico

Mexico City : Restoration work on a church and a cathedral in the central Mexican city of Zacatecas has led to the finding of 37 mummified bodies and a Bible from 1575 written in several languages, authorities said. The mummies were found in the Church of Santo Domingo, along with a small stairway leading to [...]

December 23 2009 | Posted in News | Read More »

Guatemala corn production down nearly 11%

Guatemala corn production down nearly 11%

Guatemala City : White corn production in Guatemala fell 10.8 percent in 2009 due to the prolonged drought in the country, the agriculture ministry said Tuesday. Corn production in 2009 totaled 26.5 million quintals. Millions of families in the rural areas have been affected as a result of the low harvest, the ministry said in [...]

December 23 2009 | Posted in Business News | Read More »

Spanish airline shutdown , thousands stranded

Spanish airline shutdown , thousands stranded

Madrid: Thousands of travellers, many of them Latin American immigrants trying to head home for Christmas, remained stranded here after Spanish airline Air Comet shutdown its operations. The low-cost carrier, which flies between Spain and several Latin American countries, announced Monday it was shutting down after a British judge ordered its fleet of leased aircraft [...]

December 23 2009 | Posted in News | Read More »

Tourist arrivals to Spain down 8.9 percent

Tourist arrivals to Spain down 8.9 percent

Madrid :A total of 49.5 million foreign visitors arrived in Spain between January and November, placing the drop in tourist arrivals at 8.9 percent for that period, according to government data. Through October, the decline in international tourist arrivals had been 9.3 percent, while in the high season – July, August and September – the [...]

December 22 2009 | Posted in Business News | Read More »