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Man shot during anti-government protest in Venezuela CARACAS: A man was wounded by gunfire Monday during the latest protest against the Venezuelan government's new economic policies and authorities later broke up the demonstration, a non-governmental group said.The man was hurt in Tachira state, where the protest was called against the new anti-smuggling measures of President Nicolas Maduro's government, according to the NGO Foro Penal."A man wounded by gunshot in Las Vegas, Tariba, Tachira state," tweeted Foro Penal's director Alfredo Romero.It was not immediately clear if the victim was taking part in the demonstration, or who shot him. There have been several protests in the area in recent days.Authorities broke up the demonstration, in which another five people were hurt by firecracker-style small explosions, the NGO said.San Cristobal, capital of Tachira, was the heart of violent protests earlier this year against sky-high inflation, rampant shortages and spiralling violent crime under Maduro's socialist government. Forty-three people were killed and ...

As woes mount, economic stats vanish in Venezuela CARACAS: Prices keep rising in Venezuela, economic activity is sputtering and shops struggle to fill their shelves.But don't ask the central bank how bad things really are: it hasn't published key data in months.The last time the central bank and the national statistics institute published the annual inflation figure was in May, when the indicator rose to 61 percent, the highest in Latin America.Officials have not given any explanations despite repeated requests from economists, politicians ...
No sign of life from missing Nicaragua miners MANAGUA: Rescuers said on Monday there were no signs of life from eight miners missing after a cave-in at a Nicaraguan gold mine, but continued their search after saving 20 trapped workers."There's no sign of them but it's difficult to give a prognosis. We will continue the search until we find them. No one will rest," said Marcela Castillo of Nicaraguan mining firm Hemco, which is taking part in the four-day-old rescue effort.Rescuers have made ...
Maradona steals show from fellow Argentine Pope Francis VATICAN CITY: Pope Francis normally has no competition for attention when he is in a room but it was different on Monday when another larger-than-life Argentine soccer great Diego Maradona attended a papal event. Maradona was among some 400 people who attended a special papal audience for players and organisers of a charity match that was being played on Monday night in Rome to promote peace and inter-relgious cooperation. The pope read an address to ...
Argentina says August tax income rises 31.3pc on year BUENOS AIRES: Argentina tax revenue jumped 31.3 percent in August from a year earlier to 99.7 billion pesos ($11.852 billion), the government said on Monday, below the median forecast of 103 billion pesos estimated in a Reuters poll of analysts. Private economists have estimated Argentina's inflation at between 30 percent and 35 percent, which would mean the increase in tax revenue is largely explainable by consumer price increases.Copyright Reuters, 2014 ...
Artists protest Israel-sponsored Brazil arts fair RIO DE JANEIRO: Dozens of artists taking part in Sao Paulo's 31st Art Biennial have lodged a protest against the event after it received sponsorship from Israel. The biennial, which started in 1951 and is the second oldest art biennial in the world after Venice, dating back to 1895, is scheduled to open its doors next Saturday.But it will do so amid controversy after more than 50 artists urged organizers to return around $40,000 funding ...
Brazil opposition candidate Silva says recession a big worry SAO PAULO: Opposition presidential candidate Marina Silva said on Friday that Brazil's recession is very worrying and her government would work to restore the credibility of the country's policies to recover investment and growth.The Brazilian economy fell into recession in the first half of the year, a heavy blow for President Dilma Rousseff's already diminishing hopes for re-election in October. She spoke to reporters after launching her government program, which focuses on economic policies to ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln