YOUR MONEY How to see the world and arbitrage your retirement

Reuters - Friday 17th May, 2013

(The writer is a Reuters contributor. The opinions expressed are his own) By Chris Taylor NEW YORK, May 17 (Reuters) - In the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. By ...

Record trades as emerging markets go mainstream

Reuters - Friday 17th May, 2013

By Paul Kilby Fri May 17, 2013 10:15am EDT NEW YORK, May 17 (IFR) - By raising a combined US$14.25bn in one day, Brazil's Petrobras and Indonesia's Pertamina underscored the enormous bid for emerging market credits. The two oil trades generated nearly US$60bn in demand between them, endorsing the asset class's place in a global credit market that was once the sole domain of G7 ...

Travel Picks Top 10 quirky museums around the world

Reuters - Friday 17th May, 2013

LONDON, May 17 (Reuters) - Hear the word museum and odds are you conjure up an image of portrait halls and sculpture gardens - the traditional home of traditional art. However, the world is a huge, creative and even quirky place. So to satisfy those offbeat tastes online travel adviser Cheapflights.com (www.cheapflights.com) has come up with its Top 10 quirky museums. Reuters has not endorsed ...

RPT-INTERVIEW-Payout official set for surge in BP spill claims

Reuters - Friday 17th May, 2013

(Repeats to reach more customers) By Kathy Finn NEW ORLEANS, May 16 (Reuters) - The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said ...

Slim comes second Is Mexicos president a monopoly buster

Global Post - Friday 17th May, 2013

Mexican mega-mogul Carlos Slim just lost the world's richest man title to Bill Gates. Will President Enrique Pea Nieto's reform agenda whittle down other ...

OECD warns Mexico on oil dependence

Middle East Times - Friday 17th May, 2013

Mexico is too dependent on oil and environmental degradation has accounted for a drop in gross domestic production, the OECD said. Mexican President Enrique Pena Nieto said overhauling the country's energy sector is a top priority for his administration. Reforms under consideration include letting national oil companies partner with their foreign counterparts to open the country to new ...

UPDATE 1-Mexicos Pemex makes another oil find in ultra deep ...

Reuters - Friday 17th May, 2013

MEXICO CITY, May 16 (Reuters) - Mexico state oil monopoly Pemex said on Thursday it has found "clear indications" of light crude at its ultra-deepwater Maximino well. The 9,515-foot well makes the third such find in the Perdido Fold Belt, located ...

Mexican FM to visit China

Global Times - Friday 17th May, 2013

Mexican Foreign Minister Jose Antonio Meade Kuribrena will visit China from May 19 to 20, Chinese Foreign Ministry spokesman Hong Lei announced at a regular press conference Friday in Beijing.According to Hong, the visit paid by Kuribrena, Mexico's Secretary of Foreign Relations, is at the invitation of the Chinese Foreign ...

New Mexico mom chases down man who grabbed 4-year-old daughter suspect arrested

Vancouver Sun - Friday 17th May, 2013

Albuquerque police officers search for a suspect who apparently kidnapped a five year old near Near Indian School Wednesday afternoon, May 15, 2013. The mother of the kidnapped victim chased the kidnapper to Southeast Albuquerque where she struck his car near the corner of Kathryn and Ortiz. The man had pushed the girl out of the car shortly after grabbing her. The girl was not injured. (AP ...

Mexico has new plan to tackle drug violence

IOL - Friday 17th May, 2013

Mexico City - A Mexican general took over all police and military operations in a chaotic western state on Thursday in a test run of President Enrique Pena Nieto's new security strategy to tame raging drug ...