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US, Venezuela in 'positive' talks in Haiti WASHINGTON: The United States and Venezuela, which have had highly strained relations for more than a decade, held a "positive" diplomatic meeting over the weekend in Haiti, the State Department said Monday.National Assembly speaker Diosdado Cabello, regarded as Venezuela's second most powerful man, and US State Department Counselor Thomas Shannon met Saturday in Port-au-Prince."The talks touched all elements of our bilateral relationship.They were positive and productive," said Jeffrey Rathke, a State Department spokesman.Cabello himself said after the meeting that it was "an important step toward full restoration of relations between the countries."Tensions have run particularly high between the United States and Venezuela since US President Barack Obama slapped sanctions in March on seven Venezuelan officials linked to human rights abuses.Copyright AFP (Agence France-Presse), 2015 ...

Venezuelan official says Brazil will help end shortages CARACAS: Venezuela has received pledges of support from the Brazilian government and businessmen to help end the country's food and medicine shortages, the president of the Venezuelan National Assembly said Wednesday.Diosdado Cabello, regarded as Venezuela's second most powerful man, headed a delegation to meet with authorities and corporate leaders and reach agreements that would send Brazilian products to end shortages."We are confident that with the support of businessmen and the Brazilian government that the situation ...
Venezuela blames Exxon Mobil for row with Guyana over disputed waters CARACAS: Venezuelan President Nicolas Maduro on Tuesday blamed Exxon Mobil for strains with neighboring Guyana over disputed territorial waters, and said diplomacy should ultimately win out.A decree issued by Caracas on May 27 lays claim to waters off the Essequibo River region, a disputed territory that borders Venezuela and encompasses more than half of Guyana.The Venezuelan action came less than a month after Exxon Mobil said it had made a significant discovery in an offshore ...
Argentina sees sabotage as train accident injures 40 BUENOS AIRES: Argentina's government alleged Monday that a train accident that injured 40 people was an act of political sabotage targeting the transport minister, a candidate in upcoming presidential primaries.The accident happened Sunday night when a passenger train crashed into a locomotive that was maneuvering into position on a commuter line linking Buenos Aires with the suburbs.Except for a policeman with a fractured hip, the victims suffered only light injuries.But President Cristina Kirchner's government alleged ...
No jail time for rebels: Colombia's FARC HAVANA: Colombian leftist rebels holding peace talks with the government insisted Wednesday that none of their people should end up in jail for fighting in the five-decade-old war.That issue -- justice for egregious crimes committed during the war -- has proved to be a key stumbling block in the negotiations that began here in the Cuban capital in 2012.The conflict stems from Latin America's oldest and last rebel insurgency, waged by the Revolutionary Armed Forces ...
Brazil prosecutors investigating ex-football confederation leader RIO DE JANEIRO: Prosecutors have launched an investigation against Ricardo Teixeira, former Brazilian Football Confederation (CBF) president, for alleged crimes including money-laundering and fraud, officials said Monday.The charges stem from alleged corruption toward the end of Teixeira's presidency, between 2009 and 2012, but the investigation is being conducted "completely under wraps," Marcelo del Negri, spokesman for the federal prosecutor's office, told AFP.A federal police probe found that between 2009-2012, Texeira, who led the CBF for ...
FARC peace negotiator killed in Colombia strike: rebels HAVANA: Colombia's FARC guerrillas said Wednesday that one of their peace negotiators was killed in an air strike last week that has threatened to derail their talks with the government on ending the five-decade conflict.FARC commander Pastor Alape said his comrade in arms Jairo Martinez was "among the guerrillas murdered" in a strike Thursday on the western rebel stronghold of Cauca that killed 27 rebels.Alape also confirmed that rebel commander Roman Ruiz, a member of ...

 



 
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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%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln