Monthly Archives: September 2018

Venezuela crisis: Chinese hospital ship docks for a week

A Chinese hospital ship has docked in Venezuela, where for the next week it will provide free health care to local patients. Venezuela’s Defence Minister Vladimir Padrino López, went to the port of La Guaira to welcome the Chinese crew. He said that the Peace Ark’s visit was agreed by President Nicolás Maduro during a visit to Beijing last week…. Read more »

‘Hezbollah treasurer’ Barakat arrested in Brazil border city

  Police in Brazil have arrested a man accused by the United States of being one of the main financial operators of the Lebanese militant group, Hezbollah. Assad Ahmad Barakat was detained near the border with Paraguay and Argentina. He is wanted for identity theft in Paraguay, where he previously served six years in prison for tax evasion. The police… Read more »

Argentina’s crisis receding, says bullish Hasenstab

One of the biggest investors in Argentina said that the country’s financial crisis was receding, and blamed this summer’s market mayhem on a “massive speculative attack” and panicky locals. Funds controlled by Michael Hasenstab, a prominent fund manager at Franklin Templeton, have invested about $4.6bn in Argentine debt, betting that the government led by Mauricio Macri will manage to reform… Read more »

Additional IMF funding to Argentina ‘close to reality’

  BUENOS AIRES, Sept 24 (Reuters) – Argentine President Mauricio Macri said on Monday that the country was close to a deal with the International Monetary Fund to bolster a $50 billion credit line, while a government source said $3 to $5 billion in additional credit could be announced this week. Macri said in an interview with Bloomberg TV in… Read more »

Big Oil readies Brazil offshore bets, fearing election result

RIO DE JANEIRO, Sept 24 (Reuters) – Exxon Mobil Corp , Royal Dutch Shell Plc and other companies will gather on Friday in possibly their last crack at Brazil’s coveted offshore oil for another four years, as a wide-open election spurs fears about barriers to foreign investment. The auction in Rio de Janeiro for four blocks in the Santos and… Read more »

Ecuador: Public Transport Safety, How to avoid a kidnap express

The article is about how to avoid getting kidnapped while travelling home or to work. It also includes how to avoid getting kidnapped and other ways to travel safely. The article does include that these are not normal kidnappings, they are short-term, opportunistic kidnappings and they are only aimed at taking money of the victim. It includes that victims can… Read more »

my thoughts on BRAZIL: IN THE HACIENDAS, SLAVERY IS DISGUISED AS RELIGION

In Brazil the Golden Law abolished slavery in 1888 but then 130 years later, it was discovered that slavery in some sectors of Brazil is still present because of the social production relationship that’d been adopted in colonialism. In March, 565 Brazilians were found enslaved in a religious sect of Brazil. Despite efforts from companies like International Labor Organization, Human… Read more »