The dollar hovered near a four-month high on Tuesday, continuing to draw support from higher Treasury yields and upbeat prospects for the U.S. economy, leaving its major rivals such as the Euro struggling and other Latin American currencies including the Argentine peso down sharply.
US Vice President Mike Pence on Monday urged Venezuela to suspend a divisive May 20 election he denounced as a sham, as Washington slapped fresh sanctions on Nicolas Maduro's regime. In an address to the Organization of American States, Pence slammed the upcoming presidential vote -- boycotted by the opposition and branded illegitimate by much of the international community.
The Dominican Republic and China announced on Tuesday they were establishing diplomatic relations as the Caribbean country became the latest nation to dump Taiwan, leaving it with just 19 diplomatic allies around the globe. Taipei said it was “deeply upset” at the decision, which it blamed on “dollar diplomacy”. The move deepens the island's international isolation while its giant neighbor flexes its economic and political might on the global stage.
Thousands of Nicaraguans marched peacefully through the capital Managua on Saturday in a mass demonstration to demand justice following the violent suppression of a wave of protests that left at least 43 people dead. During the rally, which was called by the Catholic church, Managua's bishop issued a deadline of one month to see if there was a serious intention to achieve change through a national dialogue aimed at resolving issues that triggered the country's worst unrest in 11 years.
Nicaragua is a volcanic nation, geologically and politically. Forty years ago, seemingly out of nowhere, a series of popular eruptions shook the entrenched regime of Anastasio Somoza, who fell from power on 19 July, 1979. Today, one of the revolutionary architects of that dictator’s ouster, Sandinista party chief Daniel Ortega, rules the country of 6.1 million as high-handedly and corruptly as Somoza ever did.
The union of cabin workers for LAN Express, a subsidiary of Chile-based LATAM Airlines group, unilaterally said on Thursday that they would revert back to previous working conditions after 17 days of strike that had led to the cancellation of 2,000 flights.
“Ortega and Somoza are the same thing” protesters in Nicaragua yelled last week against the government of Daniel Ortega, after the announcement of a Social Security's reform that unleashed a wave of protests marked by repression and excessive use of force by the authorities. Human rights organizations have announced that at least 30 people have died in the demonstrations, including students, police and a journalist. This surprise wave of civil protests suggests comparing the crisis in the Central American country with the lived in the Venezuela of Hugo Chávez and Nicolás Maduro for years.
The Falklands population is crucial for any solution to the Argentine claim over the Islands given their overwhelming support from British public opinion (and political system), and its full integration with the 53-nation Commonwealth, according to Argentine ex diplomat Jorge Lidio Viñuela, considered an expert and militant on the issue of South Atlantic insular claims.
Paraguay's Mario Abdo Benitez, “Marito”, who represents the country's long-dominant Colorado Party, was elected as president on Sunday, landing the top job in the country with the smallest economy in Mercosur. The US-educated son of a senior aide to the country's late dictator, Abdo Benitez won slightly more than 46% of the vote, with his centrist opponent Efrain Alegre taking almost 43% in a race that was far closer than expected.
Nicaragua's president on Sunday withdrew changes to the social security system that had triggered several days of deadly protests and looting. President Daniel Ortega said in a message to the nation late Sunday that the National Social Security Institute's board of directors had canceled the changes that were implemented April 16.