Peru in emergency state over mine disputes

Note: This section contains information in English only.
Source: BBC
© Scanpix/FP

Peru declared emergency state in the North region where protests against new gold mine project occurred, according to Ollanta Humala, Peru's President. The measure is planned to last for 60 days with security forces restoring normal operating of the public services. Demonstrators protest against US firm's Newmont development of gold mine worth $4.8bn as the project can ruin water supplies in the region.

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Mon, 05 Dec 2011 08:18:10 GMT

General Motors to recall 993 vehicles in China

General Motors Co., large auto-producer, plans to recall 993 vehicles in China because of problems with gas tanks, announced China's quality control agency. In extreme cases, the gas tanks may leak causing a safety risk. The vehicles 869 Chevrolet Captiva cars and 124 Opel Antara manufactured between August 26 and September 15 are going to be recalled, according to the General Administration of Quality Supervision.

Mon, 05 Dec 2011 14:00:06 GMT

S&P 500 and Dow Jones end week slightly down

Although US stocks opened higher on Friday morning trade, Dow Jones Industrial Average and S&P 500 Index did not manage to maintain gains and closed slightly down. Dow Jones Industrial Average gave up 0.01% or 0.61 points and closed at 12,019.42 while S&P 500 slid 0.02% or 0.30 points and ended week at 1,244.28. Nasdaq Composite was the only of three major indexes that managed to

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