Colombia Approves Stock Market Merger With Peru, Chile

first_img Colombia on 5 November approved merging its stock market with those of neighboring Peru and Chile, which experts said will become the second-biggest stock market in Latin America after Brazil’s. Colombian President Juan Manuel Santos and his Economy Minister Juan Carlos Echeverry “signed the decree authorizing the merger,” a statement by the president’s office said. Representatives from the stock markets and central banks of the three nations will meet next week in Bogota to launch the new stock market, it added. A meeting of financial experts headed by Spain’s BBVA Bank said the new stock market will boost overall trading in the three countries anywhere from three to five times the current volume. “That would make this stock market the second-largest in Latin America after Brazil’s,” BBVA said in a statement. By Dialogo November 10, 2010last_img read more

Perry Mattson Wins Woodlawn Invitational

first_img Fitness trainer is now cancer-exercise expert – October 12, 2014 Fenceviewer Staff Latest posts by Fenceviewer Staff (see all) Bio Schoodic Grange hosting sale – October 30, 2014center_img Town report wins award – October 11, 2014 Latest Posts ELLSWORTH — Perry Mattson of Surry nipped Southwest Harbor croquet master Larry Stettner by the narrowest of margins to win the championship flight at the recent Woodlawn Invitational Croquet Tournament.The 2014 edition of the tournament drew 18 players in four flights and was played over four days at Woodlawn and at the Tapley Cove Court on the shores of the Bagaduce River in Brooksville, the home of Mary Gould and Marcia Chapman.The tournament opened with a Wednesday evening reception on the front porch of the historic Black House followed by a dinner catered by Chipper`s Restaurant in Hancock in the sleigh barn.The third flight was won by Don Whalen of Florida, a Summer resident of Southwest Harbor, who defeated Barbara Entzminger of Bar Harbor 16 to 13. Third place in the third flight was won by Tina Hinckley of Southwest Harbor.This is placeholder textThis is placeholder textThe second flight was won by Bob Worrell of Omaha, Neb., and Sorrento in a rematch with Kathleen Dainton of Gloucester, Mass.Dainton had breezed through block play undefeated and had beaten Worrell earlier 16 to 13.The second flight final was not decided until the second overtime when Worrell eked out a 13-12 win. George Blagden of Manchester, Mass., and Blue Hill placed third.Lloyd Hadden of Tamworth, N.H., won the first flight, edging Oakley Johnson of Maryland and Sorrento 11 to 10.Hadden has played in every tournament sponsored by Woodlawn since it began seven years ago and this was his first championship win. John Dainton of Gloucester, Mass., was third.In the championship flight, Mattson squeaked past Stettner 13 to 12 in a game that was not decided until the final turn. Placing third was Webster Bull of Beverly, Mass., and Sorrento.Find in-depth coverage of local news in The Ellsworth American. Subscribe digitally or in print.last_img

Black British driver Hamilton leads Mercedes 1-2 at Malaysian GP

first_imgMercedes driver Lewis Hamilton of Britain celebrates on the podium after winning the Malaysian Formula One Grand Prix at Sepang International Circuit in Sepang, Malaysia, Sunday, March 30, 2014. (AP Photo/Vincent Thian)SEPANG, Malaysia (AP) — Lewis Hamilton broke his drought at Formula One’s Malaysian Grand Prix and led a one-two finish for the Mercedes team on Sunday.Hamilton beat teammate Nico Rosberg by 17.3 seconds at the Sepang International Circuit, with defending world champion Sebastian Vettel of Red Bull third.It was the first one-two by the Mercedes factory team since 1955, when it was a dominant force in the embryonic days of F1.Hamilton got away well from pole position and led throughout, making up for his retirement in the season-opening race in Australia and belatedly winning in Malaysia for the first time, at his eighth attempt.“Incredibly happy, my first win here in my eighth year, so finally got that,” Hamilton said. “To get a one-two is quite special, I haven’t had many in my career.”The Briton was also quick to mention the ill-fated Malaysian Airlines flight MH370, which took off from the Kuala Lumpur airport adjacent to the Sepang track earlier this month and is thought to have crashed, killing all 239 people aboard.“After such a tragedy three weeks ago, I would like to dedicate this win to those people and their families,” Hamilton said.Ferrari’s Fernando Alonso finished fourth, ahead of Force India’s Nico Hulkenberg and McLaren’s Jenson Button, while Felipe Massa held on for seventh ahead of Williams teammate Valtteri Bottas despite being told by his team to let Bottas through.After the race, Massa insisted he had done the right thing in ignoring team orders, though there were likely to be internal repercussions as Bottas was adamant he could have passed Button.Two rookies took the final two points positions, with McLaren’s Kevin Magnussen ninth and Toro Rosso’s Daniil Kvyat tenth.On a day when the threatened tropical rain held off, Red Bull’s Daniel Ricciardo and Ferrari’s Kimi Raikkonen were the leading cars that suffered the worst luck.Ricciardo was in fourth place with 15 laps to go when the team failed to properly attach a wheel during a pitstop, forcing him to stop halfway down the pitlane and be pushed back to have it replaced. Soon after, the Australian lost his front wing, got a stop-go penalty for an unsafe release from the pitstop and then retired.To make matters worse, the unsafe release means he will also get a 10-place grid penalty at next weekend’s race in Bahrain.It was another tough day for Ricciardo, who finished second in his home race in Melbourne, only to be disqualified after the team was deemed to have exceeded the fuel-flow limit on his car.Raikkonen was hit from behind by Magnussen on the opening lap, causing a puncture, dropping him to the back of the field. He finished 12th, behind Lotus’ Romain Grosjean who did well to make it to the finish in his Lotus, which has been beset by engine failures in the early part of the season.Rosberg’s second place extended his early lead in the drivers’ championship to 18 points ahead of Hamilton, and Mercedes already has a sizeable lead atop the constructors’ championship, but the German was wary about how quickly Red Bull appears to be catching up.“They were absolutely nowhere (after preseason testing) and now (Vettel) is right in the back of me, pushing me,” Rosberg said. “They have ramped up their pace, very very impressive, so we need to keep on it to keep our advantage.”Vettel, who put a squeeze move on Rosberg in the run to the first corner that almost forced the Mercedes into the pit wall, was compromised in his attempt to catch the silver cars by high fuel consumption, and in the end settled for third place.“We need to make quick steps because they are quite far ahead but I am happy with the steps we are making,” Vettel said. “It’s still a bloody good result to be finishing right behind them on the podium, and that is what we need to keep doing.”last_img read more