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Imposter passed as Lebanese diplomat in Colombia BOGOTA: A Colombian man is being investigated for posing as a Lebanese diplomat after giving lectures on the Middle East and advising the Colombian military under a false identity, local media reported.Jeyson Puello, a resident of the northeast city of Valledupar, was using diplomatic papers with a UN seal to pass himself off as Jason Ali Hakim Abdullaziz Al Nayb, supposedly a high-ranking diplomat and former Lebanese foreign minister, news reports said.Despite his perfect Spanish and ordinary clothing, Puello managed to get into official meetings and establish a network of army contacts under the assumed identity.But a curious colonel who noticed the "diplomat" always arrived at meetings on foot contacted the Lebanese embassy in Bogota."There's no person by that name," he was told in a letter printed in newsweekly Semana.The letter called on Colombian authorities to investigate and try the "imposter."Police caught Puello by sending a fake invitation to "the ...

Moody's threatens to downgrade Brazil as economy stalls RIO DE JANEIRO: Moody's Investors Service on Tuesday said it may cut Brazil's credit rating in the next couple of years as the economy slows down, putting added pressure on whoever is elected president in October to change course on economic policy.Brazil will go to the polls on Oct. 5 with the debate about whether to tighten fiscal policy a hot campaign topic. President Dilma Rousseff, seeking re-election, faces a strong challenge from her main ...
Argentina eyes debt move to dodge US court BUENOS AIRES: Argentina's congress will likely pass Wednesday a measure aimed at side-stepping a US court order that has blocked the country from paying back debt tied up in a feud with hedge funds.The lower house will vote on legislation approved by the Senate last week that would move the repayment location from New York to either Buenos Aires or Paris.It is the latest move by President Cristina Kirchner's administration in a legal tussle with ...
Chiquita suspends Fyffes deal vote, to discuss Cutrale-Safra bid SAO PAULO: Banana producer Chiquita Brands International Inc adjourned a shareholder vote on a plan to merge with Fyffes Plc in order to engage in discussions with Grupo Cutrale and Safra Group regarding a $611 million unsolicited takeover bid.US-based Chiquita said in a statement on Monday that Irish tropical fruits producer Fyffes had granted it a waiver to negotiate with Cutrale and Safra. Chiquita's planned Sept. 17 shareholder meeting to vote on the Fyffes deal was ...
Petrobras scandal shakes up Brazil presidential race RIO DE JANEIRO: Brazil's October presidential race has been shaken up by a corruption scandal allegedly involving state-run oil firm Petrobras and dozens of lawmakers, with both leading candidates forced onto the defensive after colleagues were implicated. Media reported on Friday night that a jailed former Petrobras director had named dozens of politicians who allegedly received kickbacks off the company's contracts. The revelations are a headache for President Dilma Rousseff, undermining her reputation for zero ...
Ten killed in plane crash in Colombian jungle BOGOTA: A small airplane crashed minutes after take-off in Colombia's southern jungle on Saturday, killing all 10 people aboard, the country's civil aviation agency said."The airplane was found, broken apart and burned, 10 km (6 miles) from populated areas in the municipality of Puerto Santander, Amazonas department," the agency said in a statement. The Air Force was carrying out the effort to retrieve the bodies of the eight passengers and two crew members, who were ...
Ten feared dead in Colombia plane crash BOGOTA: Colombian authorities said there was little chance of finding survivors after a small plane with 10 people on board crashed in the Amazon jungle.The aircraft with registration number HK-4755 PA 34 Navajo took off from Araracuara Airport in the country's south around 3:00 pm local time (2000 GMT) on Saturday. It lost contact with air traffic control as it went over the town of Florencia.Authorities have yet to find the occupants -- two crew ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln