Dan Mitchell, my colleague over at BNET Intercom, blogged last week about a dangerous dilemma Chiquita Brands International found itself in down in Colombia. Last year, the company pled guilty to paying $1.7 million to Colombian paramilitary groups, and agreed to pay a $25 million fine. The company says it...
Here's a lesson you probably won't find in any management textbook: Don't hire thugs to terrorize your competitors. It's a good lesson whether or not the Cincinnati-based Chiquita Brands International is found to be complicit in the murders of five American missionaries in Colombia. The company is...
Colombia is one of six Latin American countries with significant energy resources and potential for future development. Its proven oil reserves are estimated to be 1.5 billion barrels while its proven natural gas reserves stand at 6.7 trillion cubic feet. Oil is Colombia's largest foreign exchange earner, representing about a...
Someone once said that Canadians were experts at solving the problems of federalism largely because they were even more experts at creating those problems in the first place. Many of the problems that have been encountered appear to reflect certain characteristics of the specific policies that have been adopted. What...
The paper uses a panel of manufacturing plants from Colombia to analyze how the rise in payroll tax rates over the 1980s and 1990s affected the labor market. The estimate of the paper indicates that formal wages fall by between 1.4% and 2.3% as a result of a 10% rise...
The document presents an economic model of the insurgency in Colombia like an economically rational illegal activity. The situation is modelled like a dynamic game, whose protagonists are the government, the rebel leader and the farmers. First, the government determines the level of the military spending. After that the insurgent...
Question-and-Answer SessionOperator Thank you. Ladies and gentlemen, today’s question-and-answer session will be conducted electronically. [Operator Instructions] We will pause for a moment to allow everyone to signal. David Kestenbaum from Morgan Joseph is on the phone with the question. David Kestenbaum - Morgan Joseph Okay, thanks....
Here's a lesson you probably won't find in any management textbook: Don't hire thugs to terrorize your competitors. It's a good lesson whether or not the Cincinnati-based Chiquita Brands International is found to be complicit in the murders of five American missionaries in Colombia. The company is...
C-COM Satellite Systems Inc. (TSX VENTURE: CMI) the leading global provider of mobile auto-deploying satellite antenna systems announced today that it has signed an agreement with Bogota, Colombia based Movilsatcol S.A. to resell C-COM manufactured iNetVu Mobile antenna systems in South America. "Movilsatcol is a leading supplier of satellite communications...
MEDELLIN, Colombia, Sept. 29 /PRNewswire-FirstCall/ -- At a meeting held today, the Board of Directors of Bancolombia S.A. ("Bancolombia"), appointed Ricardo Sierra Moreno as a new member of Bancolombia's Audit Committee. Mr. Sierra Moreno has been an independent member of Bancolombia's Board of Directors since 1996. Mr....
LAS VEGAS, Sept. 29 /PRNewswire-FirstCall/ -- TableMAX Corporation (Pink Sheets: TBLX), a developer of electronic table games, today announced its recent progress in the placement of electronic table games. To date, TableMAX has installed six table game systems and has signed agreements or letters of intent for the placement...
HOUSTON -- BHP Billiton Petroleum (NYSE:BHP) (NYSE:BBL) announced today that it has acquired exploration rights to an onshore block of approximately 7,750,000 acres in the Llanos Basin, Colombia. The Company signed a Technical Evaluation Agreement with the Agencia Nacional de Hidrocarburos ANH to explore block CPE-5. "We are...
AMIR KHAN will return to the ring on December 13 with American trainer Freddie Roach in his corner. Khan, who lost his unbeaten record to Colombia's Breidis Prescott this month, had been due to fight on December 6, but Roach will be in Manny Pacquiao's corner...
NewMarket Technology, Inc. (OTCBB: NMKTE) todayannounced its subsidiary RKM IT Solutions was recently recognized asAssociate of the Year in Advanced Infrastructure Solutions by Microsoft atFOCUS 2009. Microsoft FOCUS 2009 was held September 10-12 in Cartagena,Colombia and included Microsoft partners from Colombia and Venezuela. Beingrecognized as an Associate of the Year...
Attention: Technology Editors Sandvine, (TSX: SVC)(AIM: SAND) a leading provider of intelligent broadband network solutions for Cable, DSL, FTTx, fixed wireless and mobile operators, today announced three new customer wins in Latin America-all through global reseller relationships. Sandvine has won a new Tier-1 carrier, located in Peru and a multi-access...
NEW YORK AFP — US President George W. Bush, meeting with Western Hemisphere leaders, called Wednesday for US lawmakers to approve trade pacts with Colombia, Panama, and South Korea "as soon as possible." "It's important that these agreements be passed as soon as possible," said Bush, who has...
CARTAGENA, Colombia -- Digital television, multimedia services over IP networks and mobile TV can be a reality and, of course, a great business opportunity for telecom operators and companies that are currently developing services, solutions and applications that revolve around the world of content. Therefore, this year Telecommunications...
Base Case of 35,000 BOPD Under Revision Due to New Oil Reserves Encountered by Costayaco-5 CALGARY, Alberta, Sept. 23 /PRNewswire-FirstCall/ -- Gran Tierra Energy Inc. (Amex: GTE; TSX: GTE), a company focused on oil exploration and production in South America, today provided details on it's conceptual development...
World in brief *BANGKOK A lawyer for a suspected Russian arms dealer urged a Thai court yesterday to refuse a US request to extradite him. US prosecutors say Viktor Bout, above, has been trafficking weapons to three continents. They want him tried in New York for...
NEW YORK -- The New York Times announced today that it recently launched its weekly news supplement in three major newspapers around the world: Colombia's daily paper, El Espectador; Kosovo's Koha Ditore; and Kenya's Sunday Nation. These three publications join the existing 24 newspapers around that world that...
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