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Brazil primed for closest election in decades RIO DE JANEIRO: Brazil's presidential elections on Sunday are likely to be the closest in a generation, but polls suggest leftist incumbent Dilma Rousseff will secure a second term after a run-off.Rousseff, who was jailed and tortured as a dissident under the 1964-85 military dictatorship, has over the past month steadily risen in polls that now forecast her winning an October 26 second-round contest.The second half of August saw the 66-year-old playing catch-up after environmentalist-evangelist Marina Silva took up the baton for the Socialist Party.Silva, the daughter of impoverished Amazonian rubber tappers, is preaching the need for a "new politics" and wants to become Brazil's first black leader.Silva was the environment minister in Rousseff's Workers Party (PT) under charismatic former president Luiz Inacio Lula da Silva. Silva only entered the race after the Socialist candidate Eduardo Campos was killed in an August 13 plane crash.But the past month has seen ...

Young 'Chavista' lawmaker murdered in Caracas CARACAS: A young lawmaker allied with Venezuela's socialist government was found murdered in Caracas, and the president hinted Thursday at political motivations.The bodies of Robert Serra, 27, and his partner Maria Herrera, were found at his home late Wednesday. Officials said they had been stabbed.Serra's coffin, draped with the Venezuelan flag and carried by government supporters, arrived at the National Assembly chapel Thursday, where members paid tribute to their slain comrade.Throngs of government supporters remained ...
Rousseff pulls clear in race for Brazil presidency: poll RIO DE JANEIRO: Marina Silva is losing ground in the race for the Brazilian presidency and may not even make the run-off, an opinion poll showed Thursday, three days ahead of the vote.For the first time last week, polls put the environmentalist and Socialist Party candidate behind incumbent Dilma Rousseff in the event of a run-off, and put her neck-and-neck with Social Democrat Aecio Neves, who for weeks had been running a distant third.But the ...
Fleeing war, Syrians find refuge in Latin America MONTEVIDEO: Forced to flee the war raging in his native Syria, 22-year-old Hussein Al Fleig Al Ali first tried neighboring Lebanon before discovering he had more opportunity in far-away Uruguay.While most of the more than three million refugees who have fled the Syrian conflict have flooded into neighboring countries such as Lebanon and Turkey, a growing number are defying language barriers and distance to try their luck in Latin America.The three-and-a-half-year-old war has stretched refugee ...
Brazil stocks slide as Rousseff gains in polls RIO DE JANEIRO: Brazil's stock market and currency tumbled Monday on signs that President Dilma Rousseff is making up ground on her main challenger less than a week before the country's elections.The nation's benchmark Bovespa index fell 4.52 percent on the day, while the real slipped 1.67 percent against the dollar to 2.457 from Friday's close -- its lowest level in six years.Investors were discouraged by Datafolha poll numbers released Friday showing Rousseff 13 percentage ...
El Salvador police swoop on 140 gang suspects SAN SALVADOR: El Salvador police rounded up 140 suspected gang members on Friday in a broad sweep encompassing several communities across the country, which has one of the highest murder rates in the world.The suspects were arrested in connection to a range of crimes including murder, extortion, robbery and rape, a statement from the attorney general's office said.In the west San Salvador community of Las Palmas, 31 members of the notorious Barrio 18 gang were ...
Argentina exits recession in second quarter BUENOS AIRES: Argentina exited recession with 0.9-percent economic growth in the second quarter, national statistics institute INDEC said Wednesday, a rare bit of good news amid the country's new debt default.But with inflation estimated at more than 30 percent and the value of the peso tumbling, Latin America's third-largest economy is still mired in a slowdown after averaging 7.8-percent annual growth from 2003 to 2011.Economic analysts are forecasting the economy will shrink two percent this ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyDecember 22, 2014
Reserves $14.042 bln