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China's Xi in Cuba on last stop of Latin America swing HAVANA: Chinese President Xi Jinping arrived in Cuba late Monday, officials said, the last stop on a Latin American tour that has stressed trade and aid more than ideology."Inside Jose Marti International airport, Xi was welcomed by first Vice President Miguel Diaz-Canel and diplomats from the Chinese mission here," Cuba's state news agency Prensa Latina reported.Xi arrived from Caracas for a two-day official visit to the Americas' only one-party communist nation.The Chinese leader is looking to bolster trade and cooperation with Cuba. Beijing already is Cuba's number-two trade partner after Venezuela, and its top source of credit.Xi -- who has visited Brazil, Argentina and Venezuela on this trip -- has a meeting scheduled with President Raul Castro, 83, at the Palace of the Revolution Tuesday. The two leaders are expected to sign bilateral agreements but there has been no advance word on their focus.On Wednesday, Xi will visit Santiago de ...

Xi seeks energy deals in Venezuela CARACAS: Chinese President Xi Jinping arrived on Sunday in Venezuela, the third leg of a Latin American tour aimed at bolstering trade with the region and sealing energy deals.The Chinese leader's charm offensive, which has already taken him to Brazil and Argentina and will next bring him to Cuba, seeks to secure new bilateral trade deals, particularly for coveted raw materials.Venezuelan President Nicolas Maduro greeted Xi as he landed at the Maiquetia airport that serves ...
Thousands march in pro-Palestinian protests in Chile SANTIAGO: About 5,000 demonstrators against Israel's military strikes in Gaza held a protest Saturday in the Chilean capital, home to a sizeable Palestinian community.The march took demonstrators to the Israeli embassy in Santiago, where some participants glued pictures of children who have died in the attacks to the walls of the building.The marchers continued on to the embassy of the United States, seen as Israel's close ally.Protests were also held Saturday in Paris and London. ...
White House says deportation flight to Honduras a 'signal' WASHINGTON: The White House said on Tuesday that the deportation of 40 women and children to Honduras was a sign that illegal immigrants would not be welcomed with "open arms" amid a border crisis.The immigrants, sent home from a holding facility in New Mexico on Monday, became a high profile symbol of the Obama administration's efforts to stem a tide of minors crossing into the United States from Central America.White House spokesman Josh Earnest said ...
Lufthansa says to cut Venezuela flights amid forex dispute CARACAS: German airline Lufthansa said on Monday it will reduce service to Venezuela by 40 percent starting next month amid an ongoing dispute about repatriation of revenue from ticket sales. Carriers, including American Airlines, Delta and United, have in recent weeks reduced flights to Venezuela over complaints they have not been able to obtain hard currency through the OPEC nation’s currency control system. Lufthansa, Europe’s largest airline by revenue, will cut flights to ...
Bolivia's president to seek third term to expand social reforms LA PAZ: Bolivia's President Evo Morales will run for re-election in October to press on with his promise of expanding social reforms in the Andean nation, the vice president of the ruling party said on Monday.The former coca farmer became Bolivia's first indigenous leader in 2006. Morales, 54, is lauded by supporters as a champion of the poor committed to easing the country's grinding poverty.Historically one of South America's most unstable countries, Bolivia has enjoyed ...
Brazil could see record fertilizer consumption in 2014- analyst SAO PAULO: Brazil could use a record amount of fertilizer this year, more than 32 million tonnes, even as low international grain prices decrease the incentive for agricultural expansion, an analyst said on Monday. Many farmers in the world’s top soybean exporter bought fertilizers early in the year when there was a favourable price ratio with soybeans and corn, said an analyst. “There is a lot of fertilizer that was purchased with anticipation and ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln