United States Secretary of State Hillary Clinton said Wednesday that Cuban President Raul Castro’s current regime “is ending” and that the US must prepare to deal with a new reality on the island.
Leading multilateral development banks announced Wednesday they will increase their support to Latin America and the Caribbean by providing as much as 90 billion US dollars during the next two years in a joint effort to spur economic growth in the region by coordinating their crisis response initiatives.
The World Bank believes that the IMF growth prospects for Latinamerica are “too pessimistic” and anticipates the region will suffer a milder contraction 0.6%, compared to the 1.5% forecasted by the April World Economic Outlook which IMF released Wednesday.
A Venezuelan court has ordered the arrest of exiled opposition leader Manuel Rosales on corruption charges and asked Interpol to detain him after he left for Peru, according to the Venezuelan state television.
A criminal probe has been opened into the death of 21 polo horses that died over the weekend during preparations for a match of the sport’s top championship in Wellington, Florida. An investigation has first to determine whether they died from a toxin, a virus, drugs reaction, a contagious disease or a combination of any of the open options.
Peru’s Foreign Affairs minister José Antonio García Belaúnde, confirmed on Tuesday that Manuel Rosales, the mayor of Maracaibo, and one of the leaders of the Venezuelan opposition, is in Lima, capital of Peru supposedly seeking asymlum.
Chile’s new Transparency Law, obligating the government to divulge millions of documents for public scrutiny, including how much each politician earns, came into effect on Sunday.
Although “deeds must follow words”, the world’s “honey moon” with President Obama has extended to Latinamerica following his display at the Summit of the Americas where he managed to modify substantially the emphasis of the region’s leaders towards the new administration, according to different analysts.
Last Sunday, the President of the Bolivarian Republic of Venezuela, announced during the Summit of the Americas that the Venezuelan Government will donate to United States, through CITGO Petroleum company, the Petty's Island located in New Jersey state.
The Chilean subsidiary of Australian mining giant BHP Billiton plans to reactivate projects worth 6.75 billion US dollars that were frozen last year amid the global recession.