Venezuela President Hugo Chavez threatened on Sunday to nationalize any private bank that fails to comply with local legislation setting standards for agricultural finance and other projects in the country. The leftist leader, who since 2008 has increased state involvement in the financial sector, has criticized banks repeatedly for their lack of support with agriculture [...]
Brazilian prosecutors are planning to file criminal charges against Chevron Corp within the next several weeks, adding the possibility of prison time to an $11 billion civil lawsuit for a November oil spill offshore. The federal court filing in Campos, Brazil, will probably include a criminal indictment of Chevron Brazil CEO George Buck and other staff, [...]
2012 Jan 28 | Posted in
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Venezuelan President Hugo Chavez announced on Sunday that his nation will not recognize any decision by a World Bank tribunal in a multibillion-dollar arbitration case against Exxon Mobil Corporation. Exxon has called Venezuela before the World Bank’s International Center for Settlement of Investment Disputes, or ICSID, demanding $12 billion in compensation for nationalization of the Cerro [...]
2012 Jan 10 | Posted in
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The Brazilian Federal Police department announced that it has begun investigating an oil spill in an offshore field operated by multinational producer Chevron Corporation off the coast of Rio de Janeiro. Federal Police department environmental affairs division chief Fabio Scliar told government news service Agencia Brasil that his division began looking into the causes of [...]
The factory of German arms manufacturer Heckler & Koch was raided on Thursday by some 300 German agents, on suspicion of bribery related to the sale of weapons to Mexico in 2005. Authorities in Stuttgart confirmed that the search, which included the homes of some employees, was for evidence of bribes paid to Mexican officials [...]
2011 Nov 11 | Posted in
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Chilean airline LAN has avoided a lawsuit from local competitor PAL and reached an agreement that will allow LAN to proceed in their planned marriage with Brazilian airline TAM. The merger would create one of the largest airline groups in the world. LAN, one of the leading carriers of Latin America, announced Tuesday that [...]
2011 Oct 27 | Posted in
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ECONOMICS,
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Relations between members of the Organization of Petroleum Exporting Countries (OPEC) appear to be suffering as a result of the Arab Spring and unilateral decisions to increase production taken by members of the Gulf Cooperation Council. This week Venezuelan president Hugo Chavez told visiting Russian vice minister Igor Sechin and energy minister Sergei Shmatko that [...]
How should we communicate the results of our analysis to decision-makers? How to visualize key information for decision makers? The talk of Joe Parry argued that visualisations and infographics play a very important role, not only for analytical processes of data analysts, but also for explaining the analytical results to decision-makers at the highest of [...]
2011 Sep 24 | Posted in
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The U.S. Government agency that manages airport security shifts its strategic emphasis from stopping weapons to finding people. It’s a potential $4 billion market for private industry, based on what the Transportation Security Administration, or TSA, currently spends on aviation security. “Businesses that are good at data analysis, behavior-pattern recognition, big data handling, data-visualization — [...]
2011 Sep 08 | Posted in
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Among the consequences of global warming, the Arctic Ocean has become a more strategic region for the United States and Canada. Russian economic and military interests in the Arctic are common knowledge. They are neighbors up there, and the Arctic has strategic and security value for both Americans and Russians. One of the U.S. protagonists in the protection of [...]
2011 Aug 16 | Posted in
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