Posts Tagged ‘Venezuela’

LAS VEGAS A 22-year-old Mexico woman has won the Miss Universe pageant after donning a flowing red gown and telling an audience that it’s important to teach kids family values.Jimena Navarrete of Guadalajara was first to answer an interview question Monday night and the last of 83 contestants standing in the headline-grabbing pageant on the Las Vegas Strip.Her one-strap gown flowed behind her while she walked as she held it out like a cape. Earlier, she smiled in a violet bikini as she confidently strutted across the stage.

Jimena NavarreteAsked by Olympic gold-medal figure skater Evan Lysacek how she felt about unsupervised Internet use, she said the Internet is important but parents need to be careful and watch over their kids.”I do believe that Internet is and indispensable, necessary tool for the present time,” she said. “We must be sure to teach them the values that we learned as a family.”First runner-up was Miss Jamaica Yendi Phillipps, while second runner-up was Miss Australia Jesinta Campbell.Navarrete is Mexico’s second Miss Universe; Lupita Jones of Mexico won the title in 1991. She replaces Miss Universe 2009 Stefania Fernandez of Venezuela.Navarrete’s win thwarted Miss Venezuela Marelisa Gibson from giving the South American country a third consecutive win. Neither Gibson nor Miss USA Rima Fakih made the top 15 finalists.

Navarrete won a package of prizes including an undisclosed salary, a luxury New York apartment with living expenses, a one-year scholarship to the New York Film Academy with housing after her reign, plus jewelry, clothes and shoes fit for a beauty champion.Campbell won the Miss Congeniality Universe award. Miss Thailand Fonthip Watcharatrakul won Miss Photogenic Universe and a second award for having the best national costume.(AP)

MADRID Spanish telecommunications giant Telefonica on Saturday pulled out of negotiations to acquire a euro7.15 billion ($9.3 billion) stake in Brazil’s leading cell phone company Vivo. Telefonica said in a statement to Madrid’s stock exchange early Saturday that the deal fell through after Portugal Telecom’s board of directors failed to accept the Spanish company’s offer by the deadline.”The deal has been extinguished,” Telefonica said.Though PT shareholders voted two weeks ago to accept the offer, the Portuguese government used special voting rights to block the sale, citing national interests.The European Union’s Court of Justice then ruled that the Portuguese government’s blocking of the deal was illegal.

Telefonica and PT each own 50 percent of Brasilcel, a Dutch holding company which owns 60 percent of Vivo. The Spanish company’s offer was to buy PT’s half of Brasilcel and following the court’s finding it extended the offer until July 16.Telefonica is eager to expand its significant presence in the fast-growing Latin American sector, where it has an important foothold in burgeoning markets such as Chile, Colombia, Mexico, Peru and Venezuela and Brazil.

Brazil’s economy is booming, in contrast to Telefonica’s home territory of Spain which is struggling to emerge from nearly two years of recession.PT is Portugal’s largest telecommunications operator and the Portuguese government demanded it maintain a foothold in Brazil as it did not want to lose PT’s Brazilian revenue stream.

Telefonica SA is a much larger company than Portugal Telecom SGPS SA, employing about 237,000 people compared with the around 32,000 employees at its Portuguese counterpart.Telefonica would not comment Saturday on the possibility of legal action following the collapse of the deal.Calls to Portugal Telecom on Saturday went unanswered.Telefonica shares fell 1.55 percent to euro16.16 on Friday while Portugal Telecom directors were still considering the deal. Portugal Telecom shares slid 4.53 percent to euro8.08 per share. (AP)

CARACAS, Venezuela  Authorities temporarily halted the trading of government bonds on Tuesday and said they would seek to control Venezuela’s currency exchange rates by setting a range of permitted prices in the bond market.National Securities Commission President Tomas Sanchez said that bond trading is being suspended while new regulations are established following the approval last week of legislation increasing the Central Bank’s control over currency trading.

The government also plans to seize control of brokerage firms suspected of conducting “speculative operations,” Sanchez said.

Central Bank President Nelson Merentes, meanwhile, announced a plan to establish a band with maximum and minimum prices in bond trading, which until last week had been an important outlet for Venezuelans to obtain U.S. dollars.

President Hugo Chavez is seeking to crack down on currency speculation that he blames for soaring inflation and the decline of Venezuela’s bolivar currency on the unregulated market. The embattled bolivar reached 8.30 bolivars to the dollar on the so-called parallel market on Tuesday – almost twice the official exchange rate of 4.30 applied to nonessential goods.

The government is worried because the rising price of dollars on the parallel market increases the cost of consumer goods in Venezuela, which imports more than half the products it consumes despite Chavez’s efforts to boost domestic production.Roughly 30 percent of imports and 70 percent of capital repatriation traditionally occurs through the government bond market, according to the Caracas-based Ecoanalitica think tank.

Consumer prices jumped 5.2 percent in April alone, driving the annual inflation rate to 30.4 percent – the highest in Latin America – according to the Central Bank and National Statistics Institute.

Planning Minister Jorge Giordani accused brokerge firms and Venezuela’s media of trying to drive up the cost of the bolivar on the parallel market, and he warned they could face criminal charges “if they continue this perverse game of creating expectations” within the market.”The Attorney General’s Office will have to take action,” Giordani said.It remains unclear how local brokerages will continue turning a profit.

Maria Fernandez, a local banking analyst, predicted the new regulations would lead some brokerage firms to bankruptcy.Many brokerages will be forced to impose “a significant reduction of employees” in order to survive, but others probably will close because the business “is no longer viable” for them, Fernandez said in a telephone interview.(AP)

Caracas- Venezuela will commemorate 200 years of independence with a military parade Monday local time, while opposition groups complain that the country’s state of democracy under the leadership of leftist Hugo Chavez. Parade of military hardware and troops through the streets of Caracas will signify the 200th anniversary of the first steps toward independence from Spain 19 April 1810 when the leaders of Venezuela’s move to overthrow the colonial regime. Chavez ally, Cuban President, Raul Castro, and other regional leaders, including leaders of Argentina, Cristina Kirchner, and Prime Minister of the Republic of Dominica, Roosevelt Skerrit, also will attend the parade.

But opposition groups – who joined the political coalition of Democratic Unity Table warned before the celebration was that power was 11 years old Chavez “has increased the division and confrontation” in Venezuelan society, and closing a long shadow for the ideals country. Chávez “is systematically reducing the democratic capabilities, and endanger our future and our progress,” the coalition said in a statement Sunday.

In the past ten years has continued to link the Chavez socialist projects with Venezuela’s independence war, particularly going back to warn the heroic actions of the independence leader Simon Bolivar to fight for the policies of his government. “We have to regain independence in 10 years. Here we are the sons of Simon Bolivar. We’re back. And I am sure, my heart was suggested to me that we now find it,” kataya.

Chavez earlier this year to commemorate his tenure with a pledge to lead 11 more years, and said he would clean up a century Venezuela is controlled by small groups and the United States, and even announced what he called the Bolivar Revolution “are here to rule over 900 years. ” Chavez promised to participate in the presidential election in 2012 for a term of three, after a constitutional reform in February to abolish term limits for elected officials.( AFP)

VIENNA With U.S. demand for oil lackluster, even traditional OPEC price hawks like Iran and Venezuela are happy with present prices near $80 a barrel as they head into Tuesday’s meeting of the 12-nation organization.These two countries traditionally are the greatest advocates of tight OPEC supply. But ahead of their meeting there is informal unanimity among OPEC oil ministers that – with the world’s economic recovery feeble at best and crude prices at preferred levels – it’s best not to rock the boat.

That means the ministers will likely agree to maintain OPEC’s formal production target, now at 26 million barrels a day – a benchmark set over one year ago.OPEC has left its members’ production quotas unchanged since December 2008, when it announced the last of a series of cuts aimed at bringing their output down by 4.2 million barrels per day. The cuts helped engineer a rebound in crude prices, which had collapsed to the low $30s from a mid-2008 high of almost $150 per barrel.

Since the oil ministers last met three months ago, prices mostly have hovered between $70 and $80 a barrel – a range that most OPEC nations have factored into their national budgets this year. That has kept even hardliners Iran and Venezuela on board with other OPEC members.”OPEC should not take any decision to change production,” Iranian oil minister Masoud Mirkazemi told reporters in Tehran on Monday, echoing comments voiced by Rafael Ramirez, his Venezuean counterpart.Still, there will be behind-the-scenes pressure on some members to produce less by honoring their allotted targets.

At close to 27 million barrels a day, OPEC now is producing a daily 600,000 barrels above its official target – a result of cheating by individual nations on their quotas. While OPEC does not reveal which nations are overproducing, the Paris-based International Energy Agency put overall quota compliance within OPEC at only 58 percent in January.World oil demand is expected to rise this year due to surging economic activity in Asian countries, especially China. The IEA, which advises oil-consuming countries, predicts that the world’s appetite for crude will average 86.6 million barrels a day this year, or 1.6 million barrels a day more than 2009’s 86.5 million barrels.Still, oil markets remain concerned about shaky demand in the U.S. Crude consumption there and in other top industrialized nations is expected to contract in 2010 for the fifth consecutive year.(AP)

Scanners force trade-off between privacy, security

Posted: December 31, 2009 in social
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the security gate at San Francisco International Airport in San Francisco

the security gate at San Francisco International Airport in San Francisco

SAN FRANCISCO  As Ronak Ray hunted for his flight gate, he prepared for the prospect of a security guard peering through his clothes with a full body scanner. But Ray doesn’t mind: what he gives up in privacy he gets back in security.”I think it’s necessary,” said Ray, a 23-year-old graduate student who was at San Francisco International Airport to fly to India. “Our lives are far more important than how we’re being searched.”Despite controversy surrounding the scans, Ray’s position was typical of several travelers interviewed at various airports Wednesday by The Associated Press.Airports in five other U.S. cities are also using full body scanners at specific checkpoints instead of metal detectors. In addition, the scanners are used at 13 other airports for random checks and so-called secondary screenings of passengers who set off detectors.

But many more air travelers may have to get used to the idea soon. The Transportation Security Administration has ordered 150 more full body scanners to be installed in airports throughout the country in early 2010, agency spokeswoman Suzanne Trevino said.Dutch security officials have said they believe such scanners could have detected the explosive materials Umar Farouk Abdulmutallab of Nigeria is accused of trying to ignite aboard a Detroit-bound Northwest Airlines flight Christmas Day.Amsterdam’s Schiphol Airport has 15 full body scanners, but none were used to scan Abdulmutallab when he boarded. In Europe and the U.S., privacy concerns over the scanners’ ability to see through clothing have kept them from widespread use.

The technology was first used about two years ago to make it easier for airport security to do body searches without making physical contact with passengers.The idea of an electronic strip search did not bother Judy Yeager, 62, of Sarasota, Fla., as she prepared to depart Las Vegas. She stood in the full-body scanner Wednesday afternoon and held her arms up as a security official guided her through the gray closet-sized booth.”If it’s going to protect a whole airplane of people, who gives a flying you-know-what if they see my boob whatever,” Yeager said. “That’s the way I feel, honest to God.”George Hyde, of Birmingham, Ala., who was flying out of Salt Lake City with his wife, Patsy, on Wednesday after visiting their children and grandchildren in Park City, Utah.”I’d rather be safe than be embarrassed,” Hyde said. Neither he nor his wife had been through a body scanner before.”We’re very modest people but we’d be willing to go through that for security.”

Trevino said the TSA has worked with privacy advocates and the scanners’ manufacturers to develop software that blurs the faces and genital areas of passengers being scanned. In all cases, passengers are not required to be scanned by the machine but can opt for a full body pat-down instead.At Salt Lake City International Airport, fewer than 1 percent of passengers subjected to the scanner chose the pat-down since the machine was installed in March, said Dwane Baird, a TSA spokesman in Salt Lake City.On Tuesday, some 1,900 people went through the scanner and just three chose not to, he said.Critics of the scanners said the option to opt out was not enough.”The question is should they be used indiscriminately on little children and grandmothers,” said Republican U.S. Rep. Tom McClintock of California. McClintock co-sponsored a bill approved by the House 310-118 in June prohibiting the use of full body scanners for primary screenings. The bill is pending in the Senate.

He said the devices raised serious concerns regarding constitutional protections against unreasonable searches.”There’s no practical distinction between a full body scan and being pulled into a side room and being ordered to strip your clothing.”To further protect passenger privacy, security officers looking at the images are in a different part of the airport and are not allowed to take any recording devices into the room with them, Trevino said. The images captured by the scanners cannot be stored, transmitted or printed in any way.But the TSA still has some public relations work ahead of it, judging by the reactions of passengers in Albuquerque, N.M., who were worried about what would happen to their images once they were scanned.”Are they going to be recorded or do they just scan them and that’s the end of them? How are these TSA people going to be using them? That’s a real concern for me,” said Courtney Best-Trujillo of Santa Fe, N.M., who was flying to Los Angeles on Wednesday.

The six airports where full body scanners are being used for what TSA calls “primary screenings” are: Albuquerque, N.M.; Las Vegas, Nev.; Miami, Fla.; San Francisco; Salt Lake City, Utah; and Tulsa, Okla.The remainder of the machines are being used for secondary screenings in Atlanta, Ga.; Baltimore/Washington; Denver, Colo.; Dallas/Fort Worth, Texas; Indianapolis, Ind.; Jacksonville and Tampa, Fla.; Los Angeles; Phoenix, Ariz.; Raleigh-Durham, N.C.; Richmond, Va.; Ronald Reagan Washington National; and Detroit, Mich.

Though most passengers interviewed by The Associated Press felt security trumped other concerns, Bruna Martina, 48, a physician from the coast of Venezuela, said the scanners still made her feel uncomfortable.”I think there has to be another way to control people, or to scan them, but not like this,” she said as she headed back home after a vacation in Miami with her husband and two sons. She also does not think the scanners will thwart another attack.”They’ll find another way,” Martina said. “There is always somebody cleverer than the rest.”(Ap)