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Saturday, February 11, 2012
News Making Money

String of quakes continue to rock Chile

16/03/2010 16:02 (697 Day 00:28 minutes ago)

The FINANCIAL -- A 6.6-magnitude earthquake, the fourth during the night, hit Chile in the early hours of March 16 morning, a RIA Novosti correspondent reported.

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The quake, with the epicenter in the small town of Cobquecura on the Pacific coast, struck at 5:45 a.m. local time [08:45 GMT].

 

It followed an earlier tremor that occurred at 02:22 GMT some 75 km (50 miles) north of the western Chilean city of Concepcion.

 

While there were no immediate reports on causalities, the Chilean government has issued a tsunami alert.

 

Some 150 tremors have been registered in Chile since an 8.8-magnitude earthquake occurred to the north of Concepcion in late February. According to official reports, 497 people died as a result of that tremor.

 

It was followed by a series of aftershocks and tsunamis leaving some 2 million Chileans homeless and damaging about 1.5 million buildings.

 

Chile's new president, Sebastian Pinera, has said it would cost at least $30 billion to rebuild the country after the devastating earthquake.

 

 

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Politics
Israel’s Peres vows cooperation with Greek Cyprus in gas drillingIsraeli

04/11/2011 04:38 (99 Day 11:52 minutes ago)

The FINANCIAL -- President Shimon Peres had talks with Greek Cypriot leader Dimitris Christofias during a key visit to the island on Thursday, discussing gas finds in the eastern Mediterranean, a discovery that has sparked a crisis between Turkey and Greek Cyprus.

 

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Markets
NASDAQ Welcomes Synacor Inc. to the NASDAQ Global Select Market

11/02/2012 02:54 (12:36 minutes ago)

The FINANCIAL -- The NASDAQ OMX Group announced that the trading of Synacor Inc,commenced on the NASDAQ Global Select Market on February 10, 2012.







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