Category archives for: Market

Chavez threatens to nationalize more Venezuelan banks

The Americas Post - "Alo Presidente" gives a whole new meaning to "Reality TV"

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 [...]

Chevron indictments expected soon in Brazil

The Americas Post - Chevron managers could end up doing time in Brazilian prison

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, [...]

2000-2010: Another lost decade for South America´s economic competitiveness and social welfare.

“There’s no doubt that with the growth of China, we’ve seen a re-commoditization of Latin America,” said Colombia’s Mining Minister Mauricio Cárdenas, an economist and former Director of the Latin America program at the Brookings Institution in Washington DC. In terms of economic development, Latin America did not take any advantage of the rising prices [...]

Chavez rejects World Bank oil decision in advance

The Americas Post - That isn't the Exxon Mobil logo on the side of that storage tank

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 [...]

Chavez proposes forming separate oil cartel

Russian-Venezuelan "techno-military" cooperation

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 [...]

World arms sales down sharply in 2010

The arms business has stopped booming

Activity in the global arms trade declined 38 percent last year, according to a report released by the US Congressional Research Service.  Sales dropped from $65.2 billion in 2009 to $40.4 billion, the lowest level since 2003. In spite of its financial crisis the US continues to lead the pack with 57.2% of the market, [...]

Sensor Urban Environments can prevent and fight robberies, terrorism attacks, natural catastrophes and other emergencies.

This document was published by the criminology scientists Charalampos Doulaverakis, Nikolaos Konstantinou, Thomas Knape, Ioannis Kompatsiaris and John Soldatos. Doulaverakis was the keynote speaker at the EISIC 2011 SecuAll scientists are related to three institutions: a)  Informatics and Telematics Institute, Centre for Research and Technology Hellas  in Thessaloniki, Greece  b) the Autonomic and Grid Computing [...]

Globally, 1 out of 6 persons is armed with a small weapon.

70% of light weapons in the world are in civilian hands, according to a report by the organization “Small Arms Survey,” which warns of the difficulty of having a reliable control over the sale and use of such weapons. The report says: 1) in  the world there are 926 million light weapons, 2) of which [...]

Biometrics: $4 billion market for private industry in airport security.

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 — [...]

Mexican police in Nuevo León/Monterrey using high tech against crime

In Mexico, 1500 new police officers are reinforcing the fight against crime in the state of Nuevo Leon. The police are using the latest military technology, as reported by the Federal Ministry of Public Security SSPF to international news agency Prensa Latina PL. According to PL reports , the Federal agents were endowed with these resources to gain [...]

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