Category Archives: Article Post

China is cutting off cash to Venezuela

      No Comments on China is cutting off cash to Venezuela

CNN: After pouring billions into Venezuela over the last decade, China is cutting off new loans to the Latin American nation. It’s a major reversal of relations between the two nations, experts say. It also comes at the worst time for Venezuela, which is spiraling into an economic and humanitarian crisis. “China is not especially interested in loaning more money to Venezuela,”… Read more »

Some gas stations in Venezuela to accept Colombian pesos, U.S. dollars

UPI: The governor of Venezuela’s Táchira state has said some drivers next week could begin to pay gas stations with Colombian pesos or U.S. dollars. Táchira Gov. José Vielma Mora said gas stations under the new currency program- aimed at Colombian drivers- will be jointly operated by Colombian companies and Venezuela’s government-owned Petroleos de Venezuela, or PDVSA, oil company. The… Read more »

Obama names U.S. ambassador to Cuba, setting up confirmation fight

REUTERS: President Barack Obama on Tuesday nominated career diplomat Jeffrey DeLaurentis to be the first U.S. ambassador to Cuba in more than five decades, setting up a fierce confirmation battle with Republicans in Congress opposed to Obama’s opening with the communist-ruled island.

Why Colombians opposed the peace deal with FARC

Al Jazeera: Just last week, western media was praising the Colombian peace agreement. Four years of negotiations in Cuba, commentators noted, had finally put an end to a 50-year conflict between the government and the left-wing rebel movement Revolutionary Armed Forces of Colombia (FARC), and involving various right-wing paramilitary groups and narco cartels that had claimed an estimated 200,000 lives,… Read more »

Venezuela: Bus drivers protest against Nicolas Maduro

AL JAZEERA: Venezuelan bus drivers have caused traffic chaos in Caracas by parking their buses in the street, protesting against the country’s economic crisis. Hundreds of drivers joined the strike on Wednesday, demanding better pay, more security against violent crime and spare parts for their buses. Tyres, car batteries and motor oil are on a long list of goods that have… Read more »

For Venezuela, a Debt Default Trigger Is Armed

      No Comments on For Venezuela, a Debt Default Trigger Is Armed

STRATFOR: A number of recent developments, protests on Thursday notwithstanding, have raised the odds that Venezuela could default on its foreign debt repayments, triggering a cascade of events that would destabilize the country. Though the country has lived with the specter of default for years, Venezuelan officials have shown a willingness — given the existential threat that a default would pose to the… Read more »

Cuba volleyball players jailed for rape in Finland

BBC: Five members of Cuba’s national volleyball team have been convicted of raping a Finnish woman during a World League tournament in Tampere. Four of the men, including the captain, were given five-year jail sentences while a fifth is facing a prison term of three and a half years. They were detained in the southern Finnish city on 2 July… Read more »

At UN Assembly, South American leaders spotlight efforts to tackle corruption, drug trafficking

UN News Center: 20 September 2016 – Mauricio Macri, President of Argentina, was among several leaders from South America addressing the opening day of the United Nations General Assembly who highlighted the need to tackle challenges that affected his region, but also the world: eradicating poverty; addressing climate change; and combating drug trafficking and violence associated with organized crime. He… Read more »