Friday, September 3, 2010

Daily Headlines: September 3, 2010

* Latin America: The chairman for Indian-owned Tata Motors said that the firm has plans to sell the “world’s cheapest car”, the $2500 Nano, in Latin America.

* U.S.: Officials in Ohio are putting restrictions on Puerto Ricans who want to obtain state IDs and licenses due to concerns over birth certificates.

* Peru: According to researchers the Amazon River is at its lowest level in nearly 40 years in northeastern Peru; thus endangering the local area’s economy.

* Colombia: Police seized over $28 million that may have been linked between Colombian and Mexican drug gangs.

Image – cnet.com (The Tata Nano was first unveiled in late 2008 and the basic model includes cost-cutting innovations such as having a singe windshield wiper and no radio or air conditioning.)
Online Sources- Bloomberg, Xinhua, AP, BBC News

1 comment:

Sean said...

It would be interesting having more cars in Latin American. As is, many Latin American cities deal with gridlock traffic, and are heavily polluted. The positive side could be a possible shift in perceptions of poverty and middle classes.