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Magnitude 5.4 earthquake strikes off El Salvador: USGS SAN SALVADOR: A 5.4-magnitude earthquake struck off the coast of El Salvador on Friday, the US Geological Survey said, though there were no immediate reports of damage or victims.The quake occurred at a depth of 62 kilometers (38 miles) at 5:46 am (1146 GMT) off the coast of La Paz department.The epicenter was approximately 70 kilometers southeast of San Salvador. Copyright AFP (Agence France-Presse), 2015 ...

EU expresses concern over election violence in Venezuela BRUSSELS: The European Union on Thursday expressed concern about rising violence linked to Venezuela's elections after the murder of a leader of the opposition, which appears poised to win control of parliament for the first time in 16 years."Yesterday's assassination of Mr Luis Manuel Diaz, the regional secretary of the Accion Democratica party, marks a further deterioration of an already tense situation in the run up to the parliamentary elections on 6 December 2015," the ...
Brazil trade surplus seen surging to $30bn in 2016 RIO DE JANEIRO: Brazil's trade surplus will likely climb to $30 billion in 2016, doubling from an estimated $15 billion this year, Trade Minister Armando Monteiro said on Thursday. Speaking at an event of steel producers, Monteiro said the government plans to decide in 15 days whether to raise import tariffs on steel products to help the local industry. The government formed a working group to analyze the impact of a possible tariff increase on ...
Brazil's Rousseff to waive some visa requirements for Olympics despite security fears SAO PAULO: Brazilian President Dilma Rousseff has agreed to suspend visa requirements for certain foreigners during the 2016 Olympic games in Rio de Janeiro, Brazil's official gazette reported on Wednesday, despite heightened security fears after the Paris attacks. The government hopes the move will encourage tourism and help revive Brazil's sluggish economy, which is expected to stay in recession for a second year in 2016. The government has yet to decide which countries will be ...
Brazil Senate leader, BTG Pactual CEO arrested in Petrobras probe SAO PAULO/BRASILIA: Brazilian police arrested the ruling party's leader in the Senate and the head of Latin America's biggest independent investment bank on Wednesday on suspicion of obstructing a sweeping corruption investigation. Andr Esteves, the billionaire CEO and controlling shareholder of BTG Pactual SA and Brazil's most influential dealmaker, was arrested early in the morning at his home in Rio de Janeiro and taken to federal police headquarters. In Brasilia, police arrested ruling Workers' Party ...
Magnitude 6.4 quake hits western Brazil: USGS WASHINGTON: A large but very deep 6.4 magnitude earthquake hit western Brazil Thursday, the US Geological Survey said.The quake struck at 12:45 am (5:45 GMT) at a depth of 375 miles (604 kilometers). It occurred some 81 miles southwest of the town of Tarauaca and 436 miles northeast of Lima, Peru.Copyright AFP (Agence France-Presse), 2015 ...
Venezuelan opposition candidate shot dead during campaign event CARACAS: An opposition candidate in Venezuela's upcoming legislative elections was shot dead during an event on Wednesday, alongside the wife of a jailed opposition leader, an official said.The December 6 elections are critical to President Nicolas Maduro's socialists remaining in power."Luis Manuel Diaz, local leader of the Democratic Action party in Altagracia de Orituco (Guarico state) has just been shot dead," the party's chairman Henry Ramos Allup said on Twitter.Ramos Allup said Diaz was standing ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln