Daily Headlines: January 7, 2009

* U.S.: Univision could lose millions of dollars in ad revenue from programs like prime-time telenovelas should it be defeated in a royalties trial with Mexican media giant Televisa.

* Guatemala: Rescue workers have called off their search efforts for victims of a large landslide that killed at least 35 people.

* Venezuela: President Hugo Chavez stopped a three-year program that supplied cheap heating oil to underprivileged U.S. neighborhoods.

* U.S.: Ex-Florida governor Jeb Bush has declined running in 2010 for the Senate seat vacated by Mel Martinez.

Image- Los Angeles Times (“A Televisa crew shoots an episode of the telenovela "Un Gancho al Corazon" ("A Hook to the Heart") in Mexico City. Ads from Televisa programming generate a significant chunk of Univision's TV revenue.”)
Online Sources- Voice of America, Bloomberg, Reuters, New York Times, The Latin Americanist