12112016Sun
Last update: Sun, 11 Dec 2016 02pm

South America

World - South America

Brazil dam burst like 'end of the world' PARACATU DE BAIXO: Jose Pascual thought the end of the world had come when red mud, pouring from a broken Brazilian mining dam, engulfed his village a year ago. In a way, he was right.Twelve months from the deadly accident at an iron ore mine in Minas Gerais state, the Samarco company and its giant owners BHP-Billiton and Vale say they are putting the pieces back together.Yet the way of life Pascual has known all his 76 years in the village of Paracatu de Baixo shattered beyond repair that day.The disaster began in the afternoon of November 5, 2015, when a dam holding mining waste burst without warning about 17 miles (27 kilometers) up a small river from Paracatu.Thirty two million cubic meters (42 million cubic yards) of sludge rushed down the valley, killing 19 people unable to get out of the way and smashing anything in the flood's path, ...

World - South America

Venezuela opposition bets on risky truce with Maduro CARACAS: Venezuela's opposition began a tense truce Wednesday with President Nicolas Maduro, but supporters accused it of betraying them and analysts warned the strategy risked backfiring.With Pope Francis's blessing, Maduro and top opposition leaders have agreed to sit down to Vatican-mediated talks starting November 11, seeking an exit from a nasty political crisis and economic melt-down.But not everyone is on board with the opposition's new strategy -- including 16 dissenting parties in its own coalition, ...

World - South America

Colombia finance minister sees rate cut dicussion starting next month LONDON: Colombia is likely to start "discussions" in November about cutting its 7.75 percent interest rate, finance minister Mauricio Cardenas said on Wednesday. Cardenas also said he was hoping to include the issue of taxing bond portfolios into a wider tax reform bill. Cardenas, who sits on the central bank board, had earlier told the Colombia Business Forum event in London that easing inflation would likely allow interest rates to fall. Speaking to reporters on ...

World - South America

Top US diplomat heads to Venezuela to support dialogue WASHINGTON: A top US diplomat was headed to Venezuela on Monday to underscore US support for a newly begun political dialogue between the leftist government and the opposition, the State Department said.Thomas Shannon, the US undersecretary of state for political affairs, will meet with senior government officials, opposition leaders and representatives of civil society during the visit, which will run through Wednesday."His visit will underscore our support for the ongoing dialogue process, and our interest ...

World - South America

Venezuela, opposition agree to hold talks CARACAS: Venezuela's government and opposition leaders will meet Sunday in a bid to open a dialogue about the country's deepening political crisis, both sides announced.An agreement to hold talks was reached Saturday at a regional summit in Cartagena, Colombia. A representative from the Vatican will also take part, officials said."A process of dialogue is being established with opposition groups," Foreign Minister Delcy Rodriguez said in a speech during the Ibero-American Summit in Cartagena on Saturday.Opposition ...

World - South America

Venezuelan president threatens to jail opponents CARACAS: Venezuela's President Nicolas Maduro threatened on Friday to jail his political opponents if they follow through on their vow of launching a legislative trial to remove him from power.Shrugging off a partially-observed strike which the opposition called to raise pressure on him, the socialist president went on the counterattack.Maduro sharpened the tone in a volatile political and economic crisis that has sparked food shortages and riots in the South American oil producer."If they launch ...

World - South America

Maduro opponents tighten screws with Venezuela strike CARACAS: Venezuelan President Nicolas Maduro faces renewed pressure Friday as the opposition calls for a nationwide strike, which he has threatened to break with army takeovers of paralyzed firms.Up in arms over the authorities' decision to block a referendum on removing Maduro from power, the opposition has declared a 12-hour general strike, threatening to exacerbate the shortages of food and basic goods gripping the country."This is a call to a citizens' strike for the people: ...