Tag: Central America

• Monday, April 23rd 2018 - 09:49 UTC

  Nicaragua's Ortega cancels social security reform following riots and death of 26 killed by police

  

  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.

• Wednesday, February 14th 2018 - 09:04 UTC

  Another blow for Oxfam: chairman Fuentes arrested for his time as Guatemala finance minister

  

  The chairman of the charity Oxfam International, Juan Alberto Fuentes, has been arrested in Guatemala. Fuentes was detained as part of an investigation into a corruption scandal dating back to his time as Guatemala's finance minister, but no charges have been brought so far.

• Monday, February 12th 2018 - 16:13 UTC

  British government project to prevent corruption in Guatemala, Honduras and El Salvador

  

  The British Government is supporting a project to encourage municipalities from Guatemala, El Salvador and Honduras to adopt practices which can prevent corruption. The initiative, under the “Islands of Integrity” concept, aims to address the root causes of corruption by encouraging free-market policies and enhancing efficiency.

• Friday, October 6th 2017 - 08:28 UTC

  Tropical storm in Central America kills at least 22 people, and is moving towards Mexico

  

  Tropical storm Nate has killed at least 22 people in Central America with torrential rains that forced thousands from their homes, uprooted trees, knocked out bridges and turned roads into rivers, according to officials on Thursday. The storm is moving to Mexico and United States.

• Saturday, August 3rd 2013 - 01:41 UTC

  EU FTA agreements with Colombia and Central America became effective August first

  

  Free trade agreements, FTA, signed by the European Union with Colombia, and with Central American countries Honduras, Nicaragua and Panama became effective August first as part of the EU strategy to eliminate tariffs on trade with Central American and the Andean region.

• Friday, June 28th 2013 - 12:26 UTC

  Petrocaribe: Central America and the Caribbean’s Energy Dilemma

  

  In the eve of the Managua summit which will focus on creating a new Economic Zone, Petrocaribe, the late Venezuelan president Hugo Chavez’s oil treaty, continues to play a vital role in the economic development of its 18 member states from the Central America and Caribbean region. But given the current political and economic climate in Venezuela, the question remains if Petrocaribe’s cheap oil is sustainable?

• Tuesday, December 11th 2012 - 18:20 UTC

  EU parliament prepares to approve trade accords with Central America, Peru and Colombia

  

  Spanish members of the European parliament and Trade Commissioner Karel De Gucht called on Tuesday on the full house to ratify the association agreement of the EU with Central America, and the EU free trade agreement with Colombia and Peru.

• Friday, October 19th 2012 - 00:02 UTC

  Obama administration admits trade, security and migration as pending issues with Latam

  

  President Barak Obama ends his four years in January with free trade and security, particularly in Central America, as pending issues to develop in Latin America, said Assistant Secretary of State for Western Hemisphere Affairs Roberta Jackson in a press round with foreign correspondents.

• Monday, April 11th 2011 - 20:34 UTC

  Crime and violence cost Central American countries 8% of GDP, says World Bank

  

  Growing crime and violence in Central America not only have an immediate human and social toll but they also pose a tremendous threat to development potential in the region since it is estimated that these sources of instability cost 8% of GDP, once health, institutional, private security, and material expenses are accounted for.

• Tuesday, April 27th 2010 - 21:57 UTC

  IMF Warns Latam “Cheap and Abundant Credit” Rises Risk of Boom-Bust Cycle

  

  Latin American economies as a whole are recovering nicely from the global economic downturn but “cheap and abundant external finances raise the risk of a boom-bust cycle”, said Nicolas Eyzaguirre, IMF Western Hemisphere Department Director.