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Chavez CARACAS: Venezuelan President Hugo Chavez is in "stable" condition after being diagnosed with a respiratory infection following his latest cancer surgery in Cuba, an official said on  Tuesday.   Communications Minister Ernesto Villegas said doctors had treated the infection and brought it under control, adding that it was a common consequence of "complicated surgeries" and that the ailing leader required "absolute rest."   Chavez, 58, is due to be sworn in for a third presidential term on January 10, but the country is now on tenterhooks to see if the outspoken, formerly tireless leader will remain their president, become incapacitated, or worse.   He has named foreign minister and vice president Nicolas Maduro as both his temporary replacement and hand-picked successor.   Chavez's ruling socialist party tightened its grip on power over the weekend by winning 20 of the 23 governorships in local elections, snatching up four that had been held by the opposition.   But Chavez, who is still ...

Argentina to send sailors to collect ship in Ghana row BUENOS AIRES: Argentina will fly 98 seamen to Ghana Tuesday to retrieve a navy tall ship ordered release by an international tribunal after being caught up in a more than two-month tussle over unpaid debt, a naval source said.   The sailors were to travel on a chartered Air France jet from Buenos Aires, the source said, speaking privately.   The Hamburg-based International Tribunal for the Law of the Sea on Saturday called on Ghana to immediately release the ...
American jailed in Bolivia released on bond LA PAZ: An American businessman whose jailing in Bolivia won attention from Oscar-winner Sean Penn has been released on bond and placed under house arrest, his attorney said Tuesday.   Jacob Ostreicher, a 53-year-old investor in a Bolivian rice growing venture, was accused of money laundering when he was arrested June 2011. Ostreicher claims authorities trumped up the charges to extort money from him, and he spent 18 months in jail in the eastern city of Santa ...
Bush crash in Colombia kills 26 BOGOTA: A bus overturned early Monday during a trip in central Colombia, killing 26 people and injuring 16, an official said.   A total of 24 people died on the scene and two more later in hospital, said Alvaro Escobar, a spokesman for the prosecutor's office in Cundinmarca department.   The bus was heading from Bogota to the city of Cali, some 500 kilometers (310 miles) to the southwest, highway police commander Francisco Patino said.   Witnesses said the accident was ...
Chavez party makes gains in big local election win CARACAS: President Hugo Chavez's ruling party made gains Sunday, as he was recovering from cancer surgery in Cuba, snatching a few governorships from opposition rivals, the National Electoral Council said.   In the country's 23 states, the socialist ruling party had won 19 of the posts, while the opposition held onto Miranda and Lara states, the council said. It said races in Amazonas and Bolivar states were not yet decided.   That meant Chavez's supporters took back at least ...
Venezuela state elections held under shadow of Chavez cancer  CARACAS: Venezuelans voted Sunday in state elections overshadowed by President Hugo Chavez's latest and seemingly toughest battle against cancer.   The vote for the 23 state governors of the country with the world's largest proven oil reserves will be a test for Henrique Capriles, the opposition leader Chavez beat in presidential elections in October.   Capriles -- governor of the populous Miranda state, which includes part of the capital, Caracas -- is seeking re-election and a consolidated status as ...
Mentally fit, Chavez CARACAS: Venezuelan President Hugo Chavez, who is in Cuba after a new round of cancer surgery, is sound of mind and his physical health is improving, his science and technology minister said Saturday.   Chavez, 58, "is mentally fully fit" and his health "is improving" after his surgery Tuesday in Cuba following a recurrence of cancer, said Science and Technology Minister Jorge Arreaza said from Havana by phone.   His health is in a "process of progressive stabilization," added ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln