Wednesday, January 4, 2012

Daily Headlines: January 4, 2012

* South America: Venezuela's PDVSA said that it will only need to pay $255 million of the $907 million recently awarded to ExxonMobil by an international arbitration panel, while an Ecuadorian appeals court upheld an $18 billion dollar ruling against Chevron.

* Argentina: In a statement emitted on the 179th anniversary of the British occupation of the Falklands, the Argentine government renewed its claims of a “legitimate right” over the disputed islands.

* Cuba: According to the Cuban Commission for Human Rights and National Reconciliation a prisoner died on Sunday after suffering a heart attack during a hunger strike.

* Mexico: French President Nicolas Sarkozy selected actress Salma Hayek as one of the upcoming recipients of the Legion of Honor.

Image Source – Flickr via Steve Snodgrass (CC BY 2.0)

Online Sources- BusinessWeek, Mercopress, CNN, New York Daily News, BBC News

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