In Monday's Americas papers

23 November 2009 11:30 [Source: ICIS news]

Front page

China mine explosion kills 104
The death toll from a huge gas explosion in a northern Chinese mine jumped to 104, the deadliest blast to hit the beleaguered industry in nearly two years.

Iran launches air-defense exercise
Iran launched a five-day air-defense exercise, threatening retaliation against Israel in any attack and flexing its military might amid Western pressure over Tehran's nuclear program.

Czechs' Velvet anniversary is subdued
A generation after the fall of Communism, unemployment and a distrust of the political class has taken the gloss off the Velvet Revolution that restored democracy to Czechoslovakia.

Money & Investing

Oil majors race to seal deals in Nigeria
Western oil companies operating in Nigeria are racing to lock up license renewals as oil-thirsty China seeks to buy rights and before legislation that could boost tax rates.

Investors dial back risk as year-end nears
Signs of wariness are appearing in financial markets as investors worry that the end of the year could bring challenging trading conditions.

Reliance makes chemical bid
Reliance Industries, the giant Indian energy and materials company, made a nonbinding cash offer of around $12bn to take a controlling interest in LyondellBasell Industries when the chemical maker exits bankruptcy.

THE NEW YORK TIMES

Front page

Sewers at capacity, waste poisons, waterways
Many sewer systems are frequently overwhelmed, spilling human excrement, medical waste and dangerous industrial chemicals into waterways.

Apology opens wounds of British program
Officials disagree on whether governments should compensate people who were uprooted as children and sent overseas, where many were abused.

Business Day

Wave of debt payments facing US government
The ultralow interest rates the US has been paying on its colossal debt may not last much longer, and the White House estimates that the tab will exceed $700bn a year in 2019.

Some rivals weigh bids for Cadbury
Cadbury has spent months stonewalling Kraft Foods’ hostile offer. But the entrance of another bidder could help its negotiating position against Kraft.

WASHINGTON POST

Front page

Public option at center of the health-care debate
Two Democrats critical to moving debate to the Senate floor indicate they will not support a health bill with a government-run insurance program.

Sex-crime tracking gets trickier
Violator registry is growing as tech-savvy predators put a greater burden on officers.

Business

New approach to smoking
A small Rockville company is hoping it can make millions of dollars by creating a vaccine for people who want to kick the cigarette habit.

Foreclosure crisis engulfs renters
Many investors are carrying upside-down mortgages on large rental buildings, some tenants are seeing homes and financing fall apart.

GLOBE AND MAIL, Canada

Front page

Two decades on, child poverty persists with no solution in sight
Why is it that nearly 10% of Canadian kids live below the poverty line, even as parliament pledged to end child poverty?

Scope of Afghan detainee transfers finally known
Key estimate of 130 added to debate over Canadian soldiers delivering Afghan prisoners to possible torture in 2006-2007.

Business

Ciena raises bid for some Nortel assets: sources
Ciena Corp has raised its offer for Nortel Networks Corp's optical networking and carrier ethernet business to $714m, sources familiar with the matter said on Sunday, as the auction for these assets entered its third day.

Canadian banks to cap 2009 with decent quarter
It was supposed to be a year of blood-letting, but Canada's big banks are poised to close 2009 with another decent quarter as strong trading revenues again offset big loan losses.

BUENOS AIRES HERALD

Front page

Leaked documents show Blair misled public on Iraq war
According to a British publication, leaked British government documents show that the plans for the 2003 US-led invasion of Iraq were being made more than a year earlier, calling into question ex-Prime Minister Tony Blair's public declarations that were made concerning the buildup to the Iraq war.

CFK to visit Vatican along with Bachelet
President Cristina Fernández de Kirchner will travel to the Vatican to participate, along with Chile’s Michelle Bachelet, in a meeting with Pope Benedict XVI for the 25th anniversary of the 1984 Peace Treaty between both countries.

Abbas arrives in Argentina to meet CFK as Israel strikes Gaza targets
Palestinian President Mahmoud Abbas arrived at the Metropolitan Airport for a diplomatic trip that includes a visit to President Cristina Fernández de Kirchner on Monday.

By: Staff Reporter
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