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Pele back in Brazil hospital, and 'stable' SAO PAULO: Brazilian football legend Pele was back in hospital Monday in Sao Paulo, days after he underwent surgery for kidney stones."Patient Edson Arantes do Nascimento (Pele) has been admitted for evaluation and remains in stable condition," said a statement from Albert Einstein Hospital.Local media reported that Pele was being treated for a urinary infection.Pele, 74, underwent surgery November 13 for kidney stones.Close associate and aide Jose Fornos Rodrigues told AFP Pele would stay overnight at Einstein Hospital, but did not comment on any diagnosis or details.Pele, born in a humble home in the city of Tres Coracoes, became the man many call the greatest footballer in history.Copyright AFP (Agence France-Presse), 2014 ...

Brazil posts current account gap of $8.131bn in October BRASILIA: Brazil posted a current account deficit of $8.131 billion in October, central bank data showed on Monday. The country had been expected to post a deficit of $7.5 billion, according to the median forecast of 14 analysts in a Reuters poll. Brazil's current account deficit in September was $7.907 billion. Copyright Reuters, 2014 ...
Venezuelan leader wraps up 'superpowers' with 28 laws CARACAS: Venezuelan President Nicolas Maduro wrapped up a year of congressionally granted "superpowers" Wednesday by decreeing 28 new laws that analysts said would do little to salvage the troubled economy.A year ago, the Venezuelan National Assembly, which is controlled by Maduro's United Socialist Party, granted the president the power to govern economic policy by decree for 12 months, ostensibly to fight corruption and the country's sharp economic downturn.Maduro closed out the year by signing a ...
Brazil carbon emissions rise for first time in decade BRASoLIA: Brazil's carbon dioxide emissions have risen for the first time in a decade, mainly due to increased deforestation, the Climate Observatory said Wednesday.Emissions jumped 7.8 percent in 2013 over 2012 and the country produced 1.5 billion tons of greenhouse gases last year, according to a report from the non-governmental organization. The study said it was a reversal of a decade-long trend of decreased carbon outputs. "The rise in CO2 emissions in 2013 reverses a ...
Thousands protest in Ecuador against president QUITO: Thousands of people marched Wednesday in Ecuador against the leftist government of President Rafael Correa, denouncing a move that would allow him to extend his rule beyond 2017.Union members, students, teachers and indigenous peoples gathered in the capital Quito and other cities for the second march in two months in opposition to the Socialist leader.In office since 2007, Correa was re-elected in February 2013 to a four-year term, the last he is currently allowed ...
White House backs increased Venezuela sanctions WASHINGTON: The White House would support increased sanctions against Venezuela, a US administration official said in a Senate confirmation hearing Wednesday.Failed efforts from Latin American allies to reform the government of Venezuela President Nicolas Maduro have led President Barack Obama to switch his stance on increased sanctions, national security adviser Antony Blinken said while facing questions from lawmakers."We would not oppose moving forward with additional sanctions," Blinken said.Blinken was answering questions during a Senate Committee ...
Fate of peace talks in FARC hands: Colombian president BOGOTA: The fate of peace talks is in the hands of the FARC rebels, the Colombian president warned Monday, after halting the negotiations designed to end Latin America's longest-running conflict. The Marxist guerrillas are under increasing pressure at home and internationally to free a general whose kidnapping prompted President Juan Manuel Santos to stop the talks, throwing the two-year-old negotiations into fresh crisis.The most promising effort yet to end Colombia's 50-year-old conflict, the talks were ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyDecember 22, 2014
Reserves $14.042 bln