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Argentina credit rating announced as economy booms

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Rating agency DBRS Incorporated has upgraded its ratings on Argentina´s long-term foreign and local currency securities to “B” from “B (low)”. According to the international report, strong growth in neighboring Brazil -Argentina’s main trade partner- and highly favorable world agricultural commodity prices have led to a strong recovery in 2010-2011 GDP growth. However, the Canadian... 

ALMA takes first pictures of Deepest Space

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The ALMA radio telescope has taken its first photograph of the Antennae Galaxies from the observatory in Chile (pictured) telescope. Click on the image to enlarge it. To boldly show: World’s most expensive telescope takes first pictures of deepest space in quest for more knowledge of outer universe. This is the remarkable first picture taken by the new $1.3billion radio telescope sitting high... 

Bolivians protest Amazon road

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Bolivian President Evo Morales Tens of thousands of indigenous Bolivians have taken to the streets in La Paz to protest the construction of a road passing through a nature reserve in the Amazon River basin. Indigenous communities say that the construction of the road would not only endanger the environment of the Amazon, but would also encourage illegal settlements, the Associated Press reported on... 

Massive power failure hits Chile

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A widespread power failure has left 10 million people across Chile without electricity, exposing the fragility of the energy grid in the world’s top copper producer. The blackout, which paralyzed large areas of the country, was sparked by a problem in the Chile’s national grid on Saturday. It occurred at 8:30 p.m. local time (23:30 GMT) and affected a 1,300-kilometer stretch of the narrow,... 

Gang dumps 35 bodies on street in Mexico

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35 dead bodies were dumped on the street in Mexican state of Veracruz Gunmen have blocked a busy road in the Mexican state of Veracruz in rush hour to abandon two trucks with 35 bodies inside. In the latest disturbing sign of Mexico’s ongoing gang problems, suspected drug traffickers dumped dead bodies of 23 men and 12 women under a busy overpass in downtown Boca del Rio on Tuesday afternoon,... 

Crash kills 9, injures 212 in Argentina

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A train-bus crash in Buenos Aires has killed nine people and injured 212 others. At least 9 people have died and 212 injured in Buenos Aires when a train hit a bus which was then crashed into another train head-on. Alberto Crescenti, the director general of Argentina’s emergency medical system, said that at least 20 of the injured were in critical condition, The Associated Press reported on Tuesday. Argentine... 

TV star among 21 feared dead in Chile plane crash

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Chilean TV presenter and actor Felipe Camiroaga was on a plane that disappeared over the Pacific Ocean on its way to the remote Juan Fernandez archipelago. A Chilean air force plane with 21 people aboard, including a popular television host, has crashed into the ocean near the Juan Fernandez islands off the country’s Pacific coast. The plane tried twice to land at the airport on one of the islands... 

Pre-Ice Age Complex Found Off Bahamas Coast

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Researchers for the Association for Research and Enlightenment (A.R.E.) have investigated an underwater site with what appears to be the remains of a collapsed multi-room building. Locals first found the structure and notified A.R.E. team members who made several expeditions to the location. The building foundation has manmade mitered limestone corners and other debris inside the outer walls. A sample... 

Mayan Secrets to Be Revealed by Mexican Government in '2012' Doc

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The Mexican government is releasing state-held secrets about the end of the Mayan calendar to the makers of a documentary, “Revelations of the Mayans 2012 and Beyond,” TheWrap has learned. The information — protected for 80 years — is expected to reveal Mayan beliefs in future catastrophes and wisdom characterized as “shocking,” producer Raul Julia-Levy, son of... 

Venezuela to bring home gold reserves

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Venezuela’s Ministry of Finance and the country’s Central Bank plan to gradually pull the country’s gold reserves out of the US, Canada, and Europe. A member of the National Assembly of Venezuela Braulio Alvarez told a Press TV correspondent that, “Studies have been carried out and have resulted in the necessity of returning these assets. Why are we paying custody in other countries... 

Chilean students stage protest

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Chile's President Sebastian Pinera Chilean police have clashed with over 50,000 students who have taken to the streets of the capital Santiago to protest against the education policies of President Sebastian Pinera’s government. Tuesday saw tens of thousands of people in the streets demanding a reform in the education policy of the government which requires the students to pay high fees,... 

Chile: Snow, rain hit world's driest desert

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An unusual snowfall hit the Atacama desert, near Copiapo, Chile, Sunday. This has been the wettest winter in decades for Chile’s arid northern desert, where fractions of an inch of rain have done major damage in some areas and set the stage for spectacular floral displays in the weeks to come. July came and went with major storms that together dumped more than five times the annual average of... 

Colombian colonel sentenced for faking civilian murders

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The false positives scandal arose during President Alvaro Uribe's campaign to crush left-wing rebels. A Colombian army colonel has admitted his unit murdered 57 civilians, then dressed them in uniforms and claimed they were rebels killed in combat. Colonel Luis Fernando Borja was sentenced to 21 years, reduced from 42 years for accepting responsibility. In a typical case in 2007, Borja admitted... 

Report: 1,300 children killed in Mexico's drug war

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A drug cartel mass grave. Nearly 1,300 children and teenagers have died in Mexico since the beginning of the drug war in December 2006, the Network for the Rights of Children (Redim) said on Wednesday. CNN reported that the children have died as a result of the fight against organized crime that began when Felipe Calderón became president in December 2006. The 1,300 deaths represent a 3.7 percent... 

At least 40 killed in Mexico in 24-hour period

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Battles between the vicious Zetas gang and other drug cartels led to the discovery of more than 40 bodies in a 24-hour span, a government official said Saturday. At least 20 people were killed and five injured when gunmen opened fire in a bar late Friday in the northern city of Monterrey, where the gang is fighting its former ally, the Gulf Cartel, said federal security spokesman Alejandro Poire. Eleven... 
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