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S&P cuts Brazil rating on unclear policy, slow growth WASHINGTON: Standard & Poor's cut Brazil's credit rating Monday by one notch, citing the government's unclear policy signals as it faces a weaker fiscal situation, and the country's slower growth outlook.S&P put Brazil's rating at BBB-, the lowest level for investment grade debt, and called the outlook stable. Copyright AFP (Agence France-Presse), 2014 ...

Soldier, pregnant woman killed in Venezuela unrest CARACAS: A pregnant woman was shot dead near Caracas and a soldier was killed in the western state of Merida, officials said, as the death toll from weeks of anti-government protests in Venezuela rose to 36 on Monday. Supporters of both sides and members of the security forces have been among those killed in the nation's worst unrest in a decade, sparked by demonstrations against socialist President Nicolas Maduro that kicked off last month. Francisco ...
Argentina's YPF says now contained fire that destroyed oil plant BUENOS AIRES: Argentina's YPF said on Sunday it has brought the huge fire that largely destroyed one of its oil treatment plants under control after it raged for three days, threatening around 4 percent of state-run energy firm's total output. Firefighters continued to battle the massive blaze on Sunday from the air and on the ground at the Cerro Divisadero plant in the province of Mendoza, some 1,400 kilometers (870 miles) southwest of Buenos Aires. ...
Protests break out in Brazil RIO DE JANEIRO: Demonstrators from both ends of Brazil's political spectrum clashed briefly Saturday in Rio, where leftists came to blows with a group commemorating 50 years since the military coup.More than 2,000 people meanwhile demonstrated in Sao Paulo, sending out a message to President Dilma Rousseff which read, "Dilma, listen, there will be fighting at the (World) Cup," and there were smaller protests in various other Brazilian cities.Right-wing elements in Rio had called for ...
Thousands hit streets in fresh Venezuela protest CARACAS: Thousands of demonstrators marched on Saturday in the Venezuelan capital Caracas against what they see as President Nicolas Maduro's heavy-handed repression of dissent.At least 31 people have been killed in more than six weeks of student-led protests against the government, representing the biggest challenge yet to Maduro, the elected socialist heir to longtime late president Hugo Chavez."In the name of freedom, put an end to dictatorship now," read one of the many banners held ...
Colombia 2014 coffee forecast, expects possible moderate NEW ORLEANS: The Colombian Coffee Federation on Saturday raised its 2014 production estimate slightly in the face of a possibly moderate El Nino weather pattern later this year, which it expects could help the crop. "We foresee some El Nino, but a moderate El Nino that is healthy for the crop because it's dry, it gives the tree hydric stress but doesn't remain too much," said Juan Orduz, speaking to reporters at the National Coffee ...
OAS votes against talks on Venezuela crisis WASHINGTON: Venezuela on Friday managed to prevent discussion of its political crisis at an Organization of American States meeting, and also stopped an opposition lawmaker from speaking to the regional body.After an eight-hour session closed to the press at the group's Washington headquarters, 22 countries voted against discussing Venezuela's increasingly violent political crisis.Panama had accredited Venezuelan lawmaker Maria Corina Machado to its delegation so she could speak about the situation in Venezuela, where 31 people ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln