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Tropical Depression Hanna soaks Nicaragua, Honduras MANAGUA: Tropical Depression Hanna on Monday lashed northeastern Nicaragua and eastern Honduras, unleashing heavy rains that US forecasters warned could cause deadly flash-flooding. Though slightly weaker and downgraded from tropical storm status, Hanna still could drench much of Honduras and northern Nicaragua with up to 15 inches (38 centimeters) of rain, according to the Miami-based National Hurricane Center."These rainfall amounts will produce life-threatening flash floods and mudslides," the NHC cautioned at 0001 GMT Tuesday.Hanna, with top winds of 55 kilometers (35 miles) per hour, was forecast to move quickly inland and bring downpours to the region. While heavy rains might sound like good news for parts of Honduras that have been experiencing drought, the dry conditions actually make the terrain in mountainous Central America more prone to mudslides.And elsewhere in Honduras and in Nicaragua, the rainy season has saturated the soil, causing rivers and streams to overflow easily and triggering ...

Rousseff faces battle to govern divided Brazil BRASoLIA: Brazil's newly re-elected President Dilma Rousseff faces huge challenges to govern the sprawling South American country after winning a deeply divisive race by a narrow margin, analysts said.The leftist incumbent beat business favorite Aecio Neves 51.6 percent to 48.4 percent in a hard-fought run-off Sunday, leaving her with a fragile mandate to reboot the recession-hit economy and answer voters' frustrations over corruption and weak public services.Political analyst Andre Cesar summed up the laundry list ...
Runner-up urges unity after bruising Brazil election BELO HORIZONTE: Aecio Neves, the center-right challenger who suffered a narrow election defeat Sunday to Brazilian President Dilma Rousseff, said he had called to congratulate her and urge unity after a divisive campaign."I congratulated the president just now on the phone and I wished her success for her second term," Neves told disappointed supporters in an address in Belo Horizonte, where he served two terms as governor of Minas Gerais state."I told her the priority ...
Rousseff narrowly wins Brazil re-election RIO DE JANEIRO: Brazilians narrowly voted leftist President Dilma Rousseff back into office Sunday for a second term after a bitter election campaign that split Latin America's biggest economy largely between the poor north and richer south.Rousseff, Brazil's first woman president, went into the run-off as slight favorite -- despite overseeing economic recession -- and defeated center-right challenger Aecio Neves by three million ballots for a vote share of 51.6 percent after 99 percent of ...
Neymar backing Brazil challenger Neves in election run-off SAO PAULO: Brazilian football idol Neymar on Thursday voiced support for presidential challenger Aecio Neves, just three days before this weekend's election run-off.Neymar, the hugely popular captain of Brazil's national team, said he was backing Neves over leftist incumbent Dilma Rousseff because he believed the center-right challenger was the best option for Brazil."I will support the candidate (Neves) because I identify with his proposals for Brazil," the 22-year-old multi-millionaire Barcelona star said in a video ...
Mexico mayor accused of ordering attack on missing students MEXICO CITY: Mexico on Wednesday ordered the arrest of the mayor of the city of Iguala, his wife and an aide, charging they masterminded last month's attack that left six students dead and 43 missing. Carrying torches and candles, tens of thousands of people marched through Mexico City and other cities to protest the disappearance of the students."We shall overcome," protesters shouted with clenched fists in the air. Marching were students, teachers, farmers and activists ...
Rousseff gains on Neves ahead of Sunday runoff BRASILIA: President Dilma Rousseff has gained 1 percentage point on her rival Aecio Neves ahead of an Oct. 26 runoff to Brazil's presidential election, a new poll showed on Wednesday.The leftist incumbent has 47 percent of voter support, according to the survey by polling firm Datafolha, up from 46 percent in the previous poll published on Monday. Support for Neves was unchanged at 43 percent.While Rousseff has widened her numerical lead to four percentage points, ...


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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 $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 15, 2014
Reserves $13.922 bln