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South America


Commuter train crash leaves 69 injured in Brazil RIO DE JANEIRO: At least 69 people were injured late Monday when two commuter trains collided in Brazil's Rio de Janeiro state, authorities said. The accident occurred around 8:20 pm (22:20 GMT) when one of the trains, which had stopped at a station, was rammed from behind by another on the same track, said Rio state Transportation chief Carlos Osorio.The accident took place in the town of Mesquita, outside Rio de Janeiro, and there were no reports that the injuries were serious, O Globo network said.The injured were treated on the scene or taken to the hospital. Initial reports had stated that 40 people were wounded.Copyright AFP (Agence France-Presse), 2014 ...

Brazil's Workers Party backs Lula for 2018: official BRASILIA: Brazil's ruling Workers Party would back former Brazilian president Luiz Inacio Lula da Silva to seek a third term in 2018, the country's chief of staff said in an interview published Sunday.Aloizio Mercadante told the Folha de S.Paulo newspaper that the popular ex-president is the only choice for the PT in the next election."He is my candidate, he always was," Mercadante said."There is no discussion in the PT; who is at the heart of ...
Brazil's Rousseff plans to make US state visit as tensions cool BRASILIA: Brazil's President Dilma Rousseff plans to make a state visit to the United States by September, her chief of staff said, in an attempt to turn the page on a 2013 diplomatic spat over spying revelations. Rousseff became one of the only leaders ever to cancel a state visit to Washington in October 2013, following revelations that the US National Security Agency spied on her and millions of other Brazilians. Since then, diplomats on ...
Brazil's Rousseff vows to tackle graft, boost economy BRASILIA: Brazilian President Dilma Rousseff kicked off a second term Thursday, vowing to tackle corruption and revamp the economy as her government reels from a series of setbacks. Brazil's economy, once booming, has barely grown during Rousseff's time in office, and her administration is embroiled in a multimillion-dollar graft scandal at state-owned oil giant Petrobras.But the former guerrilla promised to face the scandal head on, vowing to punish anyone found guilty of illicit dealings. "We ...
Brazil's Rousseff begins second term under cloud BRASILIA: Brazil's President Dilma Rousseff begins her second term Thursday, aiming to get economic growth back on track, and to rebuild government credibility after a major kickbacks scandal.Thousands of supporters -- and pockets of detractors -- were due to gather and watch the 67-year-old left-wing former urban guerrilla arrive to receive the seals of office at a ceremony in Brasilia slated for 3:00 pm (1700 GMT).Rousseff, the 200 million-strong South American giant's first female leader, ...
Argentina to start 2015 with lapdogs flying high BUENOS AIRES: Argentine President Cristina Fernandez chose an unexpected theme for her year-end message to the country: a change in policy at the state-run airline to allow passengers to carry their already notoriously-pampered lapdogs with them on flights.Punctuated by photographs on her Facebook page of the two-term leader sitting on presidential plane Tango 01 with her Toy Poodle Lolita, Fernandez said the perk will be shared by travelers on Aerolineas Argentinas, the country's main carrier, ...
Brazil's Rousseff names ambassador to the US as foreign minister RIO DE JANEIRO: President Dilma Rousseff on Wednesday named Brazil's ambassador to the United States, Mauro Luiz Iecker Vieira, as her new foreign minister ahead of her second term starting in January.Luiz swaps places with Foreign Minister Luiz Alberto Figueiredo Machado, who will take up the role of ambassador in Washington.Luiz has been ambassador to the United States since 2010 and was previously ambassador to Argentina.Copyright Reuters, 2014 ...


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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
WeeklyJanuary 25, 2015
Reserves $15.019 bln