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Argentina says wants to bring all debt under Argentine law BUENOS AIRES: Argentina's government said on Wednesday its long-term plan was to bring all its sovereign debt governed by foreign law under Argentine legislation.Latin America's No. 3 economy tipped into default on July 31 after a US court prevented it from servicing debt held under US legislation until it had settled with a group of US investment funds suing the country over their bondholdings."The idea is to bring all of it under Argentine jurisdiction," Carlos Zannini, a senior government official, told a hearing of congressional committees.Copyright Reuters, 2014 ...

Top Colombian drug hitman 'Popeye' is freed BOGOTA: The head of Colombian drug kingpin Pablo Escobar's hitmen, a confessed murderer nicknamed "Popeye," was released from prison Tuesday after helping prosecutors convict a former justice minister.John Jairo Velasquez Vasquez has confessed to killing 300 people and organizing the killings of 3,000 others, but walked free from the Combita high-security prison in central Colombia after completing 22 years of his 30-year sentence for murder, police and judicial sources said.The hitman was convicted for the ...
Brazil prison riot ends with five dead CASCAVEL: Rioting inmates who took over most of a prison in Brazil killed five fellow prisoners, beheading at least two of them, before ending the uprising early Tuesday and releasing two hostage guards.The riot, which erupted Sunday, ended after authorities reached a deal with the prisoners to transfer 850 inmates to other jails from the prison in Cascavel in the southern state of Parana.Five prisoners were killed and 25 wounded in the violence, said Elson ...
Ebola ruled out in Bolivia case LA PAZ: Health authorities here said on Tuesday they had ruled out Ebola in a traveler from India who arrived ill at Bolivia's Santa Cruz international airport.The Health Ministry said the man, who was not identified, underwent medical examinations and doctors concluded his symptoms "were not compatible with those of the Ebola disease."Just 10 days ago the ministry set rules on early detection of potentially infected people in South America's poorest nation.The man arrived Saturday ...
Peru Congress narrowly OKs Humala's new cabinet on third vote LIMA: Peru's Congress narrowly ratified President Ollanta Humala's embattled cabinet on Tuesday after the ruling party offered to suspend a rule requiring independent workers to pay into a pension program.Humala secured scarcely enough support for his sixth cabinet in three years with 55 votes. Fifty-four lawmakers voted against his cabinet and nine abstained.The vote was the third after a majority of lawmakers balked at the cabinet's ratification last week, part of a bid to pressure ...
Quake rocks California wine country, dozens injured NAPA: A 6.0 magnitude earthquake rocked wine country north of San Francisco early on Sunday, injuring dozens of people, damaging historic buildings, setting some homes on fire and causing power outages around the picturesque town of Napa.The quake, the biggest in the region in 25 years, jolted many residents out of bed when it hit at 3:20 a.m. (1020 GMT). It was centered 6 miles (10 km) south of the city of Napa.There were no ...
Ecuador seizes 7.8 tons of liquid drugs bound for Spain QUITO: Ecuador authorities seized 7.8 tons of liquid drugs, likely a form of cocaine, disguised as "disinfectant" due to be shipped to Spain, authorities said Saturday.The operation on Friday in the port city of Guayaquil, in south-eastern Ecuador, also netted three arrests, including one foreigner, who were ordered jailed, said the prosecutor's office in a post to their Twitter page. The liquid, which authorities said was liquid cocaine hydrochloride, was declared to authorities as a ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 25, 2014
Reserves $13.925 bln