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Pro-Venezuela protest to greet US negotiator in Cuba HAVANA: The US negotiator for normal diplomatic ties with Cuba was due to return to Havana on Sunday -- just as thousands rally to support close ally Venezuela in a mounting row with Washington.Roberta Jacobson, the top US diplomat for Latin America, is following up on the historic breakthrough announced in December that Cold War foes the United States and Cuba will seek to normalize relations after five decades of bad blood.Cuba, the Americas' only one-party communist-run state, is socialist Venezuela's closest regional partner. Venezuelan aid props up the centrally planned Cuban economy. But Venezuela's economy is also in trouble and despite sitting atop the world's largest oil reserves, the country has slipped into economic crisis, with record high inflation and shortages of even the most basic needs, such as milk, toilet paper or diapers.Venezuelan President Nicolas Maduro blames the United States and has accused Washington of supporting a coup ...

Nearly 1 million Brazilians protest Rousseff, economic woes RIO DE JANEIRO: Close to a million demonstrators marched in cities and towns across Brazil Sunday to protest a sluggish economy, rising prices and corruption - and to call for the impeachment of leftist President Dilma Rousseff.The marches across the continent-sized country come as Brazil struggles to overcome economic and political malaise and pick up the pieces of a boom that crumbled once Rousseff took office in 2011.Now in the third month of her second ...
Alleged Venezuela protest organizer kills self in prison CARACAS: A man accused by Venezuelan President Nicolas Maduro of helping mastermind anti-government protests in early 2014 committed suicide Friday in an intelligence service prison, authorities said.Interior Minister Gustavo Gonzalez Lopez said the body of Rodolfo Gonzalez, 63, had been found in an intelligence service cell and that he apparently had hanged himself.Gonzalez's defense attorney, Jose Vicente Haro, told AFP that Gonzalez hanged himself after becoming "distressed" in recent days when he was told he ...
Venezuelan leader closer to decree powers CARACAS: Venezuelan President Nicolas Maduro moved closer on Wednesday to ruling by decree after the legislature held a first vote that would allow him to act against "external or internal" threats to peace.Amid deteriorating relations with Washington, Maduro attended the session of the National Assembly to ask for the special legislative powers to confront perceived a US threat.His move raised concerns that he would use decrees to crack down on the opposition and curb individual ...
Colombia hit by 6.1 magnitude earthquake, felt in several cities BOGOTA: A 6.1 magnitude earthquake hit Colombia on Tuesday, shaking buildings in several cities including the capital Bogota.The quake, with its epicenter located 17 miles south of the eastern city of Bucaramanga, was deep at 98.5 miles below ground which tends to limit the amount of damage caused.There were no immediate reports of damage or injuries.Copyright Reuters, 2015 ...
Dengue deaths on rise in Sao Paulo SAO PAULO: Cases of dengue fever are on the rise in Sao Paulo, with a nearly eightfold increase that saw 24 people die in Brazil's most populous state so far this year, the health ministry said Friday.The mosquito-borne infectious tropical disease comes as Sao Paulo state and the southeast of the country suffer water shortages in the wake of the worst, months-long drought in living memory."In many regions, owing to a lack of water, people ...
El Salvador votes in tight congressional poll SAN SALVADOR: El Salvador voted Sunday in tightly contested congressional elections, with leftist President Salvador Sanchez Ceren seeking broader legislative support for his efforts to fight gang violence racking the country.Since Sanchez Ceren took office in June last year, he has had to strike alliances with small right-wing parties to achieve a majority and overcome fierce opposition from conservative foe ARENA, the party his FMLN ousted from power in the 2009 elections.The FMLN and ARENA ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln