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Bolivia's tenacious indigenous leader LA PAZ: Evo Morales grew up in poverty on Bolivia's high plains and was a llama herder, musician, footballer and coca grower before rising to become the country's first indigenous president.After overseeing almost nine years of nationalizations, pro-poor policies and an economic boom that has transformed Latin America's poorest country, the 54-year-old won re-election by a landslide Sunday, according to exit polls, giving him a third term in power.He may be the region's longest-serving sitting president, but Morales remains immensely popular with Bolivians -- 65 percent of whom are indigenous -- for feats like building the world's highest cable car and launching the country's first satellite, as well as landmark gains against hunger and poverty.It is all a very long way from his childhood herding llamas and helping his parents in the fields in a small, arid village in western Bolivia's Oruro department."Until I was 14, I had no idea ...

Brazil says man under observation for Ebola tests negative SAO PAULO: Brazil's health ministry said on Saturday a man under observation for a possible case of Ebola has tested negative for the disease.The 47-year-old man arrived in Brazil on Sept. 19 from Guinea, one of three African countries at the heart of an epidemic that has killed more than 4,000 people since March.He went to an emergency room in the southern state of Parana on Thursday complaining of a fever, sore throat and a ...
Brazil President Rousseff trailing in latest poll RIO DE JANEIRO: Brazil President Dilma Rousseff narrowly trailed challenger Aecio Neves in latest opinion polls ahead of their October 26 election showdown, a survey showed Thursday.Neves, who upset predictions to eliminate environmentalist and early front-runner Marina Silva in Sunday's first round, was polling 46 percent to 44 for Rousseff, according to polls for Ibope and Datafolha institutes for Globo television and Estado de Sao Paulo newspaper.The two percent margin of error left the candidates ...
Beaten Silva party backs Brazil challenger Neves BRASILIA: The party of beaten Brazil presidential candidate Marina Silva said Wednesday it is backing Social Democrat challenger Aecio Neves in his run-off battle against incumbent Dilma Rousseff.The national executive committee of Silva's Socialist Party (PSB) cast 21 votes in favor of Neves against one for Rousseff and seven for a neutral stance during a meeting in Brasilia, party official Vera Canfran saidEarlier reports had suggested the PSB, a former ally of Rousseff's Workers Party ...
For Colombia's Wiwa, revered lightning takes deadly toll KEMAKüMAQUE: Deep in northern Colombia's mountains, an isolated community of indigenous Wiwa people struggled Tuesday to comprehend why 11 of their own were struck dead by a bolt of lightning during a tribal ceremony."We're trying to recover our spirits, because this was a big shock to our community. That nature would treat us this way -- we are in mourning," Lorenzo Gil, a Wiwa member told AFP.Lightning is both feared and revered by the Wiwa, ...
Brazil presidential, legislative polls open RIO DE JANEIRO: More than 142 million Brazilians went to the polls Sunday in presidential and legislative elections to cap a dramatic campaign.Leftist incumbent Dilma Rousseff was expected to top the presidential poll but fail to secure the 50 percent necessary to avoid a run-off vote on October 26 against either social democrat Aecio Neves or environmentalist Marina Silva.Copyright AFP (Agence France-Presse), 2014 ...
Brazil votes for next president after dramatic campaign RIO DE JANEIRO: After a topsy-turvy campaign, Brazil votes in presidential elections Sunday, with incumbent Dilma Rousseff headed for a likely runoff against one of two challengers promising very different brands of change.The telenovela-like drama of the race -- a candidate's death in a fiery plane crash, a poor maid's rise to the cusp of the presidency, a seedy oil scandal -- continued down to the wire.On the eve of the vote, Marina Silva, the ...

 



 
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Banking Review 2013


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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln