Archive for: October, 2010

Russian arms industry: Hugo Chavez`s Venezuela is one of the main clients.

Russian arms exporter, Rosoboronexport, this year achieved a record business for more than 10 billion dollars. Despite the loss of contracts with Iran because of UN sanctions, the agreements signed by the company this year exceed the $ 600 million in 2009, said its chief executive, Anatoly Issaykin was quoted by the Interfax news agency [...]

Republicans Could Win House of Representatives. What with the Senate?

Republicans are poised to retake the U.S. House next week without a mandate from voters to carry out their policies, a Bloomberg National Poll shows. The minority party, whose supporters are more motivated and enthusiastic, leads 47 percent to 44 percent when likely voters are asked how they plan to vote in their congressional election, [...]

U.S. Midterm Elections: only high turnout of afro-american vote, could secure the House to Democrats.

Democrats of late have been employing a two-pronged mobilization strategy when it comes to the party’s biggest names. President Barack Obama has been focusing much of his campaign time in “blue” states, where there are large numbers of Democratic voters to motivate. Meanwhile, former President Bill Clinton has spent much of his energy boosting Democratic [...]

Analysis: Néstor Kirchner’s death will change Argentina and UNASUR.

The title of an unauthorised political biography of Néstor Kirchner published last year summed up the power of late former president, who died suddenly of a heart attack Wednesday. It was called, simply, “The Boss”. A measure of his influence was the stock market’s reaction to his death: Argentine shares rose to two year highs [...]

Midterm elections: “Obama Avoided Depression” says Honeywell`s CEO David Cote.

Honeywell International Inc. Chief Executive Officer David Cote said President Barack Obama avoided a depression and has gotten little credit for doing so. “I have never seen such panic consuming the markets,” Cote said today in a Bloomberg Television interview with Betty Liu. “It is like everyone forgets that stuff afterwards.” Cote said he favored [...]

22nd International Naval Defence & Maritime Exhibition and Conference in Paris

Yesterday started the Euronaval’s 22nd event. It is held in Paris-Le-Bourget exhibition center, from 25 to 29 October 2010. Supported by the French Ministry of Defence and the Secretariat General to the Sea, Euronaval is the global meeting point of the international naval and maritime community. Euronaval will encompass the totality of traditional naval business [...]

Maritime Sovereignity and new defense tech by Northrop Grumman.

Northrop Grumman is spotlighting its top maritime defense systems and related products this week at the Euronaval 2010 defense exhibition in Paris. Among systems on display will be an array of its state-of-the-art ship and marine navigation, airborne mine countermeasures and mission modularity systems, the company said in a news release. “The challenges faced at [...]

Fashion`s next takeover?: Louis Vuitton is the owner of near 20% of Hermes.

Shares in luxury goods makers Hermes (HRMS.PA) and LVMH (LVMH.PA) rose sharply on Monday after LVMH revealed it had built up a 17.1 percent holding in its smaller rival and said it was not planning a takeover. The holding, announced on Saturday, raises questions about LVMH’s strategy in buying a minority stake in the family-controlled [...]

Mexico: Difficulties to extradite Edgar Valdez Villareal “La Barbie” to the U.S.

MEXICO CITY – A Mexican judge has ordered cartel leader Edgar Valdez-Villareal, also known as “La Barbie”, be held for another 40 days. Valdez-Villareal was captured August 20th at a ranch outside Mexico City after a year-long pursuit. The Texas-born Villareal allegedly led one of two factions that began fighting for control of the Beltran-Leyva [...]

Swedish Saab aerospace and defence group profits up by 70%, mainly due to restructuring costs.

Aerospace and defence group Saab has announced a sharp rise in profits but warned that restructuring costs will hit income for the rest of the year. Net profit between July and September came in at 188m Swedish kroner ($29m; £18m), up by 70% on the 111m kroner recorded a year earlier. This was despite a [...]

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