Wednesday, May 9, 2007

Daily Headlines: May 09, 2007

* Copper prices continue to reach record highs despite the resolution of a Peruvian mining strike.

* An Argentine businessman who became one of Mexico’s main construction owners was recaptured on bribery charges.

* The Mercosur bloc began parliamentary sessions on Monday with talks over how to strengthen the economic integration of the organization’s four member states.

* President Nestor Kirchner is expected to win reelection after Argentine electoral authorities established the country’s presidential and legislative elections for Sunday October 28th.

* Brazil’s largest private bank- Banco Itau- reported high first quarter profits after increasing its lending to customers.

* Rest in peace Diego Corrales; the former champion boxer of Colombian and Mexican parentage died on Monday after being involved in a motorcycle crash.


Links- Reuters UK, CBS News, People’s Daily Online, Monsters & Critics, Bloomberg, The Irish Times

Image- Mining Journal Online

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