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Bolivia announces expulsion of USAID LA PAZ: President Evo Morales announced on Wednesday the expulsion of USAID representatives from Bolivia, accusing the US development agency of meddling in the country's internal affairs.In a fiery speech to workers on May Day, the leftist president of South America's poorest country said the US Agency for International Development was in Bolivia "for political purposes, not social ones." He did not specify exactly how he felt the US agency was interfering in Bolivian affairs.USAID has operated in the Andean nation since 1964.Morales, who has been in power since 2006, expelled the US ambassador and representatives of the US Drug Enforcement Administration in 2008 on the same grounds. Bolivia is a major producer of coca leaves, the raw material of cocaine."No more USAID, which manipulates and uses our leaders," Morales said in the address in La Paz's Plaza de Armas.Morales said Bolivia was offended by recent comments by US Secretary ...

Lawmakers come to blows in Venezuela assembly CARACAS: Political tensions over Venezuela's disputed presidential election boiled over Tuesday in the National Assembly as government and opposition lawmakers said they physically clashed."I'm not the only one who has been beaten. They have struck several lawmakers. (Assembly speaker) Diosdado Cabello has to be held to account personally," said opposition lawmaker Julio Borges.He said he was denied the right to speak in the assembly by the body, which is controlled by a majority loyal to ...
Three surrender over ritual baby killing in Chile SANTIAGO: Three members of an alleged cult accused of sacrificing a baby to save the world ahead of December's supposed Mayan apocalypse, surrendered on Saturday, Chilean police said. Police were on Sunday still hunting for the alleged leader of the cult who is believed to have fled to Peru, after the baby's mother and three other suspects were arrested on Friday. The baby was burned alive on November 23 at a farm outside the city ...
Maduro visits Cuba to strengthen ties HAVANA: Venezuelan President Nicolas Maduro arrived in Cuba to strengthen ties with the communist regime of the island, the state run media said Saturday. Maduro, the hand-picked heir to the late Hugo Chavez, landed in Cuba late Friday on an official visit to further strengthen the "strategic alliance" between the two countries, the daily Gramna reported. The newspaper splashed a photo of Foreign Minister Bruno Rodriguez welcoming Maduro at the airport. Just ahead of the ...
Israeli army breaks up Palestinian march on Jewish settlement DEIR JAREER: Israeli soldiers fired tear gas and rubber bullets to disperse about 500 Palestinian villagers marching toward a Jewish settlement outpost in the occupied West Bank on Friday.The procession, the largest of its kind for years, followed charges by Palestinians that the Israeli settlers, whose caravans abut village land, had attacked them twice this week.Around half a million settlers have moved to the West Bank and East Jerusalem since Israel captured the area, along ...
Mexico holds interest rates, watching capital inflows MEXICO CITY: Mexico's central bank kept interest rates unchanged on Friday as it brushed off a recent pick-up in inflation and kept the door ajar for a possible further relaxation in credit costs if stimulus in advanced economies fans capital inflows. All 21 analysts polled by Reuters had forecast the Banco de Mexico would keep rates at a record low 4 percent this month after it cut benchmark credit costs for the first time in ...
Dentist in Brazil burned to death by robbers SAO PAULO: A dentist died in her suburban Sao Paulo office after three robbers set her alight with alcohol because they could steal only $15 from her, a police spokesman said Friday.The spokesman told AFP that three assailants burst into the office of 46-year-old Cinthya Magaly Moutinho de Souza Thursday and demanded money.The trio stole the dentist's credit card but were only able to withdraw $15 from a nearby automated teller machine.They returned to the ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyFBS July-June
Trade Balance $-21.271 bln
Exports $23.641 bln
Imports $44.912 bln
WeeklyMay 13, 2013
Reserves $11.863 bln