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Brazil launches election campaign amid Cup fever BRASïLIA: Playing second fiddle to the injury woes of soccer star Neymar and the host country's bid for World Cup glory, Brazil on Sunday kicked off its campaign for October 5 general elections.The continent-sized nation of 200 million will hold elections for the presidency, Congress, state governorships and state legislatures, and Saturday night marked the deadline for candidates to come forward and register.Opinion polls make leftist President Dilma Rousseff of the Workers Party (PT) favorite to win a second term, albeit in a likely run-off, leaving rivals Social Democratic candidate Aecio Neves and Socialist Eduardo Campos trailing.With the passing of Saturday's deadline the candidates can take to the streets to press flesh and hold functions, as well as campaign online. Television and radio advertising is only permitted from August 19.A poll last week showed Rousseff with a 38 percent share, up four points, with the World Cup which has generally ...

Venezuela El Universal daily bought by Spanish investors CARACAS: One of Venezuela's leading newspapers, El Universal, has been purchased by a group of Spanish investors, the daily announced on Saturday.The century-old Caracas-based newspaper vowed to maintain the same editorial line under its new majority ownership by Spanish investment firm Epalisticia.El Universal said it would provide more details about the stock transfer transaction in Sunday's paper.The Madrid-based Epalisticia said on its website that it specializes in "risk capital" investments in Europe and Latin America.The ...
Radioactive material stolen in Mexico: officials MEXICO CITY: The Mexican government warned on Friday that a vehicle containing radioactive material has been stolen, and issued a dire warning to the thieves against taking the potentially deadly material from its protective container.Federal civil defence officials said the vehicle had been transporting deadly iridium-192, a radioactive substance used in making some industrial products.The substance "can be dangerous for human health if removed from its container," the officials said in a statement, adding that ...
FIFA member behind illegal Cup ticket sales: police RIO DE JANEIRO: Football's powerful governing body came under renewed scrutiny after a Brazilian police chief said Thursday a FIFA member provided thousands of World Cup tickets sold illegally at games for millions of dollars.Police commissioner Fabio Barucke said "someone from FIFA" and "an intermediary from Match Hospitality", FIFA's ticket agency, had channelled the tickets onto the black market.The FIFA figure, whom police are trying to identify, is believed to be staying at the Copacabana ...
Brazil police break up World Cup-related protest SAO PAULO: Brazilian police fired tear gas and rubber bullets to break up a protest Tuesday by some 300 people demanding the release of demonstrators arrested in early protests against the World Cup, news reports said.Police confirmed some 300 people took part in the protest in downtown Sao Paulo but gave no further details. Brazilian media said six people were arrested and at least two of them were released after being questioned by police.The rally ...
Kerry urges Central America cooperation on child migrants PANAMA CITY: US Secretary of State John Kerry reiterated on Tuesday Washington's calls for Central American cooperation in addressing the plight of tens of thousands of illegal child migrants making their way to the United States.The rapid surge in unaccompanied children making the dangerous journey, most of them from Central America, has prompted US officials to talk of a "humanitarian crisis" and to issue reminders the vast majority of the minors will be deported.Kerry met ...
Argentina faces vulture funds in countdown to default BUENOS AIRES: Argentina risks technical default by the end of on Monday in its combat with so-called vulture funds over a US court ruling that it must settle unpaid debts to bondholders.The country must reach an agreement to pay $1.3 billion to these "vulture" hedge funds by the end of July to avoid default but a decision by a judge on Friday has brought that danger even closer.Wheeling overhead are speculative funds that bought Argentinian ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
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Imports $3.675 bln
WeeklyJuly 10, 2014
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