Saturday, October 11, 2008

Daily Headlines: October 11, 2008

* Mexico: Hurricane Norbert hit the Baja California peninsula today with 105 mile-per-hour winds and torrential rainfall.

* Latin America: Currencies throughout the region dropped in value yesterday with the Chilean peso hitting its lowest point in over 16 years.

* Argentina: Former “Dirty War” ruler Jorge Videla has been transferred to from house arrest to jail where he will serve his life sentence for human rights abuses.

* Puerto Rico: A magnitude 6.1 quake shook Puerto Rico this morning as reports claim that there were “no immediate reports of damages.”

Image- AP (“Maria Espinoza covers himself from the rain at a local shelter during Hurricane Norbert in Puerto San Carlos, Mexico, Saturday, Oct. 11, 2008…(AP Photo/Guillermo Arias)”)
Sources-
Bloomberg, CBC, IHT, BBC News

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