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Mark Findlay looks at some of the things that the recent spate of train disasters have in common: This last few weeks has seen an exceptional run of transport disasters; from the toxic fire at Lac Mégantic ,Canada on an unattended freight train on July 6, the derailment at Bretigny-sur-Orge in France on July 12 and then the horrendous crash near Santiago del Compestela in Galicia on July 24.   The Lac Mégantic fire exposed, amongst other things, that the Canadian federal Read more [...] Studenci z prowadzonego przez ojców dominikanów duszpasterstwa akademickiego będą pokonywać co roku kolejny etap słynnego szlaku pątniczego, by za dekadę dotrzeć do sanktuarium w stolicy hiszpańskiego regionu Galicja. Pieszą wędrówkę do Santiago de Compostela rozpoczęło 10 sierpnia osiem osób, które w ciągu siedmiu dni zamierzają pokonać 180-kilometrowy odcinek z Wrocławia do nadgranicznego Zgorzelca. Przed wyruszeniem na trasę studenci modlili się w kaplicy akademickiej Read more [...] Argentine financial group Grupo Galicia (Nasdaq: GGAL) posted net income of 362mn pesos (US$65.3mn) in 2Q13, up 6.7% compared to 339mn pesos in the year-ago... This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes Banking insight and forecasts Read more [...] BUENOS AIRES | Fri Aug 9, 2013 2:08am IST BUENOS AIRES Aug 8 (Reuters) - Argentina's leading banking conglomerate Grupo Financiero Galicia said on Thursday that its second-quarter net profit rose 6.7 percent to 361.8 million pesos ($67.2 million) from 339.1 million pesos in the same 2012 period. The figure came in above market expectations. A Reuters poll of four analysts had forecast the quarterly net profit at a median of 345.5 million pesos, with estimates Read more [...] Madrid: The boss of Spain’s national train operator has told a parliamentary commission that the company has begun a review of safety in the wake of the railway crash in Galicia last month in which 79 people died. Julio Gomez Pomar, president of Renfe, was summoned to the commission along with Gonzalo Ferre, president of Adif, the company in charge of Spain’s rail infrastructure. Ferre revealed to the inquiry that the stretch of track where the accident occurred had originally Read more [...]

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BUENOS AIRES--Argentine banking group Grupo Financiero Galicia SA (GGAL.BA, GGAL) saw its profit during the second quarter rise to 361.8 million pesos ($65 million), up from ARS339.1 million a year earlier. The bulk of the company's profit came from its majority stake in Banco de Galicia y Buenos Aires SA (GALI.BA). Second-quarter revenue from the stake in Banco de Galicia totaled ARS363.6 million, up from ARS312.5 million a year earlier, the company said in a statement. Despite the gain, Read more [...] The boss of Spain’s national train operator has told a parliamentary commission that the company has begun a review of safety in the wake of the railway crash in Galicia last month in which 79 people died.Julio Gomez Pomar, president of Renfe, was summoned to the commission along with Gonzalo Ferre, president of Adif, the company in charge of Spain’s rail infrastructure.Mr Ferre revealed to the inquiry that the stretch of track where the accident occurred had originally been planned as a high-speed Read more [...] The boss of Spain's national train operator has told a parliamentary commission that the company has begun a review of safety in the wake of the railway crash in Galicia last month in which 79 people died.Julio Gómez Pomar, president of Renfe, was summoned to the commission along with Gonzalo Ferre, president of Adif, the company in charge of Spain's rail infrastructure.Ferre revealed to the inquiry that the stretch of track where the accident occurred had originally been planned as a high-speed Read more [...] The Costa de la Muerte, the Coast of Death, is the region between the fishing village of Malpica in the north and Cape Finisterre, so called because of tricky northwesterlies and barely concealed rocks, which have often proved fatal for fishermen and seafarers. The many whitewashed stone crosses along the coastline are memorials to the drowned. One of the worst tragedies occurred in 1595, when 25 ships of the Spanish Armada were hit by a storm and 1,705 sailors died. In the past Read more [...]

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