March 27, 2008  
AIR JAMAICA: Workers Launch Strike on Failed New Wage Talks
Flight attendants have launched demonstrations against Air 
Jamaica for failing to start new wage negotiations, Caribbean 
Media Corporation reports...
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BANCO CRUZEIRO: Moody's Rates US$30 Million Senior Notes at Ba1
Moody's Investors Service assigned a Ba1 long-term foreign 
currency debt rating to Banco Cruzeiro do Sul S.A.'s existing 
US$30,000,000 senior unsecured notes due in May 2010.  The notes 
were issued under the bank's US$1,000,000,000 Global Euro 
Medium-Term...
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CENTRAIS ELETRICAS: Says Distribution Units Won't Be Privatized
Centrais Eletricas Brasileiras S.A. aka Eletrobras' Investor 
Relations Executive Astrogildo Quental said in a webcast that 
the company's distribution units won't be privatized...
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COMPANHIA ENERGETICA: Brazil Cancels Stake Sale
The Sao Paulo government has canceled the March 26 auction to 
privatize Companhia Energetica de Sao Paulo aka Cesp due to lack 
of interest from potential buyers, various reports say...
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COPEL: Regulator Okays Hydro Plant Construction With Eletrosul
Parana environmental regulator Instituto Ambiental do Parana has 
granted Companhia Paranaense de Energia aka Copel the 
installation license for its 361-megawatt hydro plant with 
Centrais Eletricas Brasileiras S.A. aka Eletrobras subsidiary 
Eletrosul...
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ECOPETROL: Will Keep 30% Stake in Caracara Concession
Ecopetrol will keep its 30% stake in the Caracara concession 
after Spanish oil firm Compania Espanola de Petroleos SA agreed 
to purchase a majority interest in the concession, Dow Jones 
Newswires reports...
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PETROECUADOR: Oil Export Revenues Jump to US$1.27B in Jan.-Feb.
Petroecuador said that its oil export revenues increased to 
US$1.27 billion in the first two months of this year, compared 
to US$487 million in the same period of 2007, Dow Jones 
Newswires reports...
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PETROLEOS DE VENEZUELA: Exxon Mobil Brings Case to Netherlands
El Universal reports that Exxon Mobil won a freezing injunction 
hitting Petroleos de Venezuela SA's assets in both the 
Netherlands and the Netherlands Antilles...
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