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Olympic is not advancing negotiations with Wal-Mart

By TCRN Staff Bogotá. The Colombian chain said it “is not in talks with the U.S. firm aiming to realize a strategic alliance or any kind of agreement or negotiation.” In information provided to the Superintendent of Finance, said the Colombian chain “as we have reported on previous occasions made clear to the public securities market, [...]

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Examining Colombia’s fear of crime

by JEFFREY HAIRE I am fascinated by the national obsession in Colombia with security and the current transformation of the Colombian criminal justice system. I am curious about the urban psyche, and the collective fear of crime. My interests and perspective come from my law enforcement experience in Los Angeles, California, my exposure to Colombian [...]

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Chile begins road to recovery

by TCRN Staff While rescue effort still continue and thousands have been left homeless, Chile is beginning to recover as aid efforts are being organized and critical services restored. SUPERMARKETS Supermarkets confirmed yesterday that they have sufficient supply to meet the needs of the population and that only some locations remain closed. Supermarkets Unimarc, 10 [...]

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Earthquake: Brazil comes to Chile’s aid

by TCRN Staff “All the solidarity of the Brazilian people” is what the country’s president, Luiz Inácio Lula da Silva offered Monday to Luiz Inácio Lula da Silva, during a brief visit to the country that saw a meeting with President Michelle Bachelet to discuss the immediate requirements facing the nation after the 8.8-degree earthquake [...]

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Despair leads to looting of supermarkets in wake of Chilean quake

by TCRN Staff In Concepcion desperation has led to hundreds of people looting supermarkets where the vast majority of the population has no potable water, electricity and basic necessities after the 8.8 magnitude earthquake on Saturday. The capital of the Region of Bio-Bio in Chile was one of the hardest hit by the biggest earthquake [...]

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US in bidding war to supply Brazil with modern fighter aircraft

RIO DE JANEIRO (AFP) – The arrival of a giant US aircraft carrier here Friday with F/A-18 jet fighters aboard is a step in Washington’s offensive to win a multi-billion-dollar contract to supply Brazil’s air force with modern jet fighters. US Rear Admiral Ted Branch told reporters that the visit of the USS Carl Vinson [...]

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Chile still reeling from 8.8 earthquake

by TCRN Staff Chile was struck yesterday by an earthquake registering 8.8 degrees on the Richter scale, one of the strongest in history, which killed at least 708, with 15 missing and leaving two million homeless. President Michelle Bachelet declared the central and southern areas of the country disaster areas where the quake occurred at [...]

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Columbian Weapons Cache Seized

by TCRN Staff A massive blow to the infrastructure of armed drug gangs serving troops handed Marines in Tumaco, to dismantle a cache that contained abundant war material. Two people were caught. Spokesmen for the Navy indicated that development of the military operation which involved troops of the Fluvial Battalion of Marine Infantry No. 70 [...]

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Briquette workers expect news on nationalization progress

By Harvey Beltrán Workers at Venezuelan briquette producers Matesi, Comsigua, Orinoco Iron and Venprecar met with the basic industry and mining (Mibam) minister Rodolfo Sanz Friday to learn more about the progress being made on the nationalization process the companies are undergoing. “We expect to have news about the progress being made by next week [...]

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Signs of Economic Growth for 2010 look good

by TCRN Staff Although 2009 was not the best year for the Latin America economy, the region remained stronger than most other regions, such as, North America, Europe, Africa, and some parts of Asia. GDP shrunk 2.6 percent, however Latin America was protected from the heaviest blows of the global economic recession thanks to responsible [...]

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