MercoPress, en Español

Montevideo, July 22nd 2019 - 12:43 UTC

Tag: Mariel port Cuba

  • Thursday, December 27th 2018 - 05:27 UTC

    Cuba and Venezuela default on Brazilian development loans

    Following Venezuela and Mozambique, the Cuban government defaulted on its payments to BNDES, in a credit line insured by the Brazilian Treasury

    After defaults in Mozambique, Venezuela, and Cuba the Brazilian government froze credit lines for new exports, a measure that will affect mostly small and medium-sized businesses. The Brazilian Treasury Department will spend US$ 6 million to reimburse BNDES (National Bank For Economic and Social Development) for Cuba's default

  • Wednesday, June 24th 2015 - 08:38 UTC

    Petrobras scandal ramifications getting closer to Lula da Silva

    The former president is linked to lobbying for the Odebrecht Group to obtain public works projects in Dominican Republic, Cuba, Venezuela and Ghana.

    One of Brazil's leading weekly magazines, Epoca, has revealed that former president Lula da Silva could be investigated over corruption allegations following on the imprisonment of the Odebrecht Group CEO, (Marcelo Odebrecht) which is one of the country's largest private corporations and employers, and for which Lula did much lobbying and sponsoring for public works projects in Dominican Republic, Cuba, Venezuela and Ghana.