Just in:  

You are here: Home»World»South America

South America


Venezuela's harried opposition eyes landmark win CARACAS: Its leaders have been thrown in jail, banned from politics and remain deeply divided, but Venezuela's opposition nonetheless looks set to bruise President Nicolas Maduro by winning control of the National Assembly.Sixteen years into late president Hugo Chavez's leftist "revolution," opinion polls indicate the opposition is poised to win legislative elections Sunday for the first time since the firebrand leader came to power.That is a sign of widespread frustration with the economic mess besieging oil-dependent Venezuela, where spiralling inflation, empty supermarket shelves and long lines have become the norm under Maduro, Chavez's embattled successor.But it is also a sign that the government's crackdown on the opposition has backfired, said political analysts.Seven opposition politicians have been banned from politics over allegations of corruption or conspiring to overthrow the government, including popular former lawmaker and presidential candidate Maria Corina Machado.Another 75 are being held as "political prisoners," the opposition says, including ...

Arrested Brazilian billionaire resigns as head of investment bank BRASÍLIA: Billionaire Andre Esteves, arrested on charges related to Brazil's huge Petrobras corruption probe, has resigned as chairman and CEO of Latin America's largest independent investment bank, it said late Sunday.BTG Pactual did not refer in the statement to Esteves's legal situation, nor to the Supreme Court having agreed to a prosecutor's request to extend indefinitely the now former banker's arrest.Esteves, 47, who has a personal wealth of $2.1 billion according to Forbes magazine, was ...
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 ...


Index Closing Chg%
Arrow DJIA 17,888.35 0.95
Arrow Nasdaq 5,156.31 0.93
Arrow S&P 2,102.63 1.07
Arrow FTSE 6,395.65 0.62
Arrow DAX 11,261.24 1.06
Arrow CAC-40 4,914.53 0.87
Arrow Nikkei 20,012.40 1.34
Arrow H.Seng 22,381.35 1.75
Arrow Sensex 26,169.41 0.09

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

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 30, 2015
Reserves $19.828 bln