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Police, anti-World Cup protesters clash before Brazil match FORTALEZA: Clashes erupted on Tuesday at an anti-World Cup protest in the northeast Brazilian city of Fortaleza as demonstrators threw stones at police, who fired back with tear gas, rubber bullets and water cannon.The clashes broke out as around 300 demonstrators rallied against the government's record $11 billion spending on the World Cup just before Brazil played Mexico at Fortaleza's Castelao Stadium.Protesters blocked a road leading to the stadium and briefly held up fans making their way to the match, news website G1 reported.Police arrested 30 people, 11 of them teenagers, G1 said. Protesters brandished signs with messages including "FIFA go home" and "They say jump, you say how high?"Some of the protesters wore the black masks and clothing of the radical Black Bloc movement, which has been the most violent of the groups participating in the anti-World Cup protests that have hit Brazil in the past year.Recent protests have ...

Chile's Bachelet takes first step to creating state-run pension SANTIAGO: Chile's socialist President Michelle Bachelet made good on another of her campaign promises on Monday, signing a bill to create a state-run pension fund as an alternative to the country's private pension funds, known as AFPs.The state-run fund will look to increase competition in the market and incorporate Chileans who aren't a priority for the AFPs, such as independent workers, those with lower salaries, or those that work in isolated areas."We're aiming for improvements ...
Brazilian police arrest 14 in anti-World Cup protest BRASILIA: Brazilian police arrested 14 people on Monday during an anti-World Cup demonstration near the stadium where Nigeria and Iran played in southern Brazil, local security authorities said.A group of protesters destroyed windows of banks and stores after an anti-World Cup march of about 200 people was dispersed by police near the Arena da Baixada in Curitiba, a spokeswoman for the state's security command center told Reuters.In another demonstration in the northern city of Natal, ...
Fernandez says Argentina will not default on restructured debt BUENOS AIRES: President Cristina Fernandez said on Monday that Argentina would honor its payments to holders of its restructured debt and so avoid a default despite suffering a setback in its long-running legal battle against "holdout" investors.The US Supreme Court earlier on Monday declined to hear Argentina's appeal over its battle with hedge funds that refused to take part in its debt restructurings. The court's decision was unexpected and risks toppling Latin America's No 3 ...
Biden misses speedy US goal at World Cup NATAL: US Vice President Joe Biden missed the United States' lightning-quick goal against Ghana in their World Cup win over Ghana on Monday because he was running late, news website G1 reported.Biden flew to the northeast Brazilian city of Natal to watch the match at the start of a four-country Latin American tour.Security reasons held up his motorcade from the airport until just after kick-off. Biden missed Clint Dempsey's goal 30 seconds into the game. ...
Argentine president says country will avoid debt default BUENOS AIRES: President Cristina Kirchner said Monday that there would be no default in payment of Argentina's restructured debt, after a US Supreme Court ruling piled pressure on the country's finances.Kirchner also lashed out at efforts at "extortion" in the wake of the court ruling, which turned back Argentina's appeals against paying at least $1.3 billion to hedge fund investors in its defaulted bonds."Argentina has shown a more than clear will to pay, but there ...
Venezuela highway crash kills 20: official CARACAS: At least 20 people were killed on a highway outside Caracas early Monday when the bus they were riding in crashed into a tree, Venezuelan officials said.The accident occurred shortly before daybreak, on a highway about 50 kilometers (30 miles) west of the Venezuelan capital, said Victor Lira, head of the federal civil protection office."So far we have a regrettable toll of 20 dead and 10 people hurt," Lira said.More casualties were likely, however, ...

 



 
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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
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
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