All
 

 

Just in:  

You are here: Home»World»South America

South America

Archive

Church defrocks Chilean priest for child sex abuse SANTIAGO: A Chilean priest has been defrocked by his order for allegedly sexually abusing two minors, the country's Roman Catholic church said on Tuesday.The church had investigated the allegations against the priest, Hector Valdes, in 2008, but a new probe was ordered four years later by the archbishop of Santiago, Ricardo Ezzati.The second investigation found Valdes "guilty of the crime of sexually abusing two minors, and abuse of his ministry," the church said in a statement.Valdes "is hereby removed for life from exercising priestly ministry and the religious life," it said.Chilean authorities who examined allegations in 2008 that Valdes had sexually abused a 17-year-old concluded there was insufficient evidence to investigate.Valdes is one of about 20 priests in Chile who have been accused of child sex abuse, and at least five of them have been found guilty by Chilean courts in this predominantly Roman Catholic country.Copyright AFP (Agence France-Presse), 2013 ...

Venezuela's lone opposition TV network is sold CARACAS: Globovision, Venezuela's only opposition television network which had a long history of clashes with the socialist government, was sold Monday and will change its critical coverage, network officials said."Ths channel already has been sold off," the network's website said in a statement.Leopoldo Castillo, one of the new managers and a host of the "Hello Citizen" show, said it had been decided to move the channel's editorial line toward the center in the interest of ...
Argentina secures 3 more LNG cargoes for 2013 LONDON: Argentina has secured a total of three liquefied natural gas (LNG) cargoes for delivery this year from oil major BP, Norway's Statoil and US bank Morgan Stanley, trade sources said.Latin America's No. 3 economy has struggled to source its record LNG requirement of 83 cargoes for this year as it tries to offset falling domestic supplies amid surging demand.In its latest tender launched in April, state-run oil company YPF asked global suppliers to submit ...
Argentina upcoming payments on foreign-currency bonds BUENOS AIRES: Argentina is embroiled in a high-stakes legal dispute with "holdout" creditors who shunned debt swaps that the South American country hoped would put its 2002 default to rest.US courts jolted markets last year by ruling in favor of a group of holdouts that had sued for full repayment on their defaulted bonds after rejecting debt exchanges in 2005 and 2010.Argentina was ordered to pay the holdouts the full $1.33 billion owed them the ...
US 'mistaken' in ignoring his victory: Venezuela's Maduro CARACAS: Venezuelan leader Nicolas Maduro said late Saturday that Washington was making a "grave mistake" in not acknowledging his victory in the controversial April 14 presidential election.Maduro, 50, heir to the late leftist president Hugo Chavez, defeated opposition candidate Henrique Capriles, 40, by a razor-thin margin in the snap election to complete Chavez's six-year term in office.Capriles however has refused to concede defeat, claiming that the vote was riddled with irregularities.In a May 3 interview ...
Colombia's agriculture minister resigns: ministry sources BOGOTA: Colombian Agriculture Minister Juan Camilo Restrepo, who helped bring an end to paralyzing strikes by coffee growers and aided negotiators seeking a peace accord with Marxist rebels, has resigned, two sources from the ministry said on Friday.Restrepo, 66, has been heavily involved behind the scenes in government talks with the Revolutionary Armed Forces of Colombia, or FARC, that aim to bring an end to five decades of war.He told President Juan Manuel Santos more ...
Mexico congratulates Brazil win in rival WTO candidacy MEXICO CITY: Mexico congratulated Brazilian diplomat Roberto Azevedo for his victory in the race to lead the World Trade Organization, confirming the defeat of its candidate, former Mexican trade chief Herminio Blanco.Mexico's economy ministry said that, according to the three ambassadors in charge of leading the election process, Azevedo was "the candidate favored by the WTO membership" and that Blanco called him to "express his full support in his new post.""Mexico congratulates Ambassador Roberto Azevedo ...

 



 
Index Closing Chg%
Arrow DJIA 15,335.28 0.12
Arrow Nasdaq 3,496.43 0.07
Arrow S&P 1,666.29 0.07
Arrow FTSE 6,755.63 0.48
Arrow DAX 8,455.83 0.69
Arrow CAC-40 4,022.85 0.54
Arrow Nikkei 15,360.81 1.47
Arrow H.Seng 23,493.03 1.78
Arrow Sensex 20,223.98 0.31






Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln