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  • Colombia – Imports support recovery in private consumption

    A quiet day yesterday, with just import growth in Colombia hinting at a recovery in consumption and investment in 2Q13. Today the focus will be on the components of GDP in Mexico, to check for continued strength in consumption and how weak foreign demand continues to ...

  • Viewpoints Hugo Chavezs Death

    Argentina – Buenos Aires Herald, March 7: Some cried, some cheered. Many Latin Americans mourned the death of Venezuelan President Hugo Chávez, leaders in Europe and Asia sent condolences, and Iran's president predicted great works in the afterlife. A teary-eyed Bolivian President Evo Morales, one of Chávez's closest allies and most loyal disciples, declared, ...

  • US universities MIT Colombia Duke join new Amsterdam institute bids

    Three prestigious US universities have joined consortia bidding to set up a new institute of technology in Amsterdam, Nos television reports on Wednesday. The city council invited applications to set up the new institute at the beginning of April and has now whittled the 13 entries down to a shortlist of five. The city hopes the new institute will boost the economy and lead to significant job ...

  • Oil prices turn higher in Asian trade

    With the Aadhaar unique identity number at its core, the scheme is heavily dependent on banks, which in turn are relying on technology firms to implement the ...

  • Venezuelan President to Meet Iranian President Elect

    Caracas, Jun 19 (Prensa Latina) Venezuelan Head of State Nicolas Maduro announced today he World meet soon Iranian president elect Hassan Rowhani. I just talked to the Iranian new president. I congratulated him and we agreed to meet soon to continue our alliance, said Maduro, who is visiting Portugal, in his Twitter account. Rowhani was announced on Saturday as winner of the presidential ...

Movie Review

The Spitfire Grill

By now, most people know that "The Spitfire Grill" was financed by Gregory Productions, the for-profit arm of the Sacred Heart League, a Roman Catholic charitable organization based in Mississippi. Unfortunately, this fact has only garnered negative press for a film that originally opened to good reviews. It won the Audience Award at the prestigious Sundance Film Festival, and Castle Rock Enterta ... ...

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  • Oil prices gain amid Syrian conflict

    US oil prices rose to a nine- month high, as the Syrian conflict bolstered concern of supplies from the Middle East.Traders worried that the level of confrontation and violence in Syria would increase. Middle East is a critical source of crude oil, conflicts which threat crude production in this area always drive oil price higher.Investors' eyes are all on the Fed's policy-setting ...

  • US man pleads guilty to smuggling snakes on several planes from South America to US

    TYLER, Texas - Samuel L. Jackson would have been cursing up a storm. A Texas man has pleaded guilty to smuggling snakes on several planes from South America to the United States. During a court hearing Wednesday in Tyler, William Lamar pleaded guilty to importing wildlife taken in violation of foreign law. Prosecutors say the 63-year-old eco-tourism guide bought the seven live snakes in ...

  • Stocks post solid gains Tuesday

    U.S. markets churned higher Tuesday after the Commerce Department said price inflation remained muted in May. The report by itself had negligible effect. But every report of late has been held up to the light to see how it might affect the U.S. Federal Reserve's monetary policy announcement expected Wednesday. Low inflation means the economy is not overheating. In turn, some investors ...

  • U.S. oil prices steady Tuesday

    A motorist pumps gas in Denver on April 15, 2011. Consumers paid an average price of $3.60 a gallon nationwide on Tuesday according to the travel group AAA. UPI/Gary C. ...

  • Venezuela to Boost Dollar Sales to Aid Imports Leon Says

    Venezuela will boost supplies of dollars to importers as it seeks to alleviate a shortage of goods that is fueling the fastest inflation in the region, central bank ...

  • Colombia Congress Approves Law Extending Military Privilege

    Military forces of Colombia (Photo: Wikimedia) The House of Representatives adopted a controversial law on Monday 17th June which critics say will provide impunity for the army in cases of violence and human rights abuses. The law was adopted with a large majority after an eight hour debate. The law increases the scope of the military courts to includes cases of crimes against humanity, rape, ...

  • Oil prices gain ahead of Fed meet

    OIL prices have pushed higher for the fifth straight session chasing a surge in the euro against the dollar ahead of the Federal Reserve's policy announcement and as worries over the Syrian conflict ...

  • More than 500.000 Tourists Visited Colombia This Year

    Bogota, Jun 18 (Prensa Latina) More than 534.000 tourists, mostkly from the United States, Argentina, and Venezuela, visited Colombia from January to April, 2013, announced the Minister of Trade, Industry, and Tourism. According to the minister, Sergio Díaz-Granados, the amount of travelers exceeded 3.9 percent in relation with the same period of 2012. This increase, he said, demonstrates ...

  • Oil prices decline toward US$97

    BANGKOK--The price of U.S. benchmark oil fell slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy ...

  • Venezuelan lawmaker wants to ban baby bottles

    (CNN) — Venezuelan lawmakers are weighing whether to ban the use of baby bottles as part of a push to promote breast-feeding, state media reported. The proposed measure will be up for debate in the South American country’s National Assembly on Tuesday, lawmaker Odalis Monzon said in an interview with state-run VTV. ';Every baby has the right to breast-feeding,'; said ...

  • Russia’s economy should start orienting on lower oil prices in 2014– IMF

    Russia and the global economy Given the shaky global economic environment, Russia should revise its expectations of oil prices and start to plan its budgetary expenses on the basis of lower oil, the IMF said in its Tuesday report. Russia's budgetary rule "should be tightened starting next year--via a lower benchmark oil price and reduced net borrowing--to allow rebuilding of ...

  • Venezuelas Maduro to meet Irans new president-elect Hassan Rowhani further strengthen ties

    CARACAS, Venezuela - Venezuela's President Nicolas Maduro says he'll meet soon with Iran's President-elect Hassan Rowhani to further strengthen already close relations. Maduro announced plans for a meeting through Twitter on Tuesday, saying that he recently spoke with Rowhani and they agreed to meet. He did not offer details. Venezuela deepened trade with Iran under the ...

  • Panama files dispute against Colombia on textiles measures

    The request for consultations formally initiates a dispute in the WTO. Consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further with litigation. After 60 days, if consultations have failed to resolve the dispute, the complainant may request adjudication by a ...

  • Kimberly-Clark moves to provide Venezuela with more toilet paper

    Supermarket staff work next to partially empty shelves of toilet paper in Caracas on May 16, 2013. The government announced this week it is importing 50 million rolls to compensate for "over-demand due to nervous buying." (JORGE ...

  • CORRECTED-Kimberly-Clark moves to ease Venezuelan toilet paper shortage

    Tue Jun 18, 2013 10:48am EDT (Corrects currency to bolivars not dollars, and name of manager to Cahen not Cohen) CARACAS, June 18 (Reuters) - Kimberly-Clark Corp is planning a 234 million bolivar ($37.1 mln) investment to expand operations in Venezuela, the state news agency said, in a move that should help ease an embarrassing national shortage of toilet paper. Scarcity of some food items, ...

  • Oil prices climb above $98 before US Fed meeting

    The price of oil climbed back above $98 a barrel Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy ...

  • U.S. oil prices ease back

    The price for a barrel of crude oil slid under $98 per barrel on the New York Mercantile Exchange Tuesday morning. World leaders in Northern Ireland, meeting for a Group of Eight summit, have been discussing the crisis in Syria, which has raised concern of a possible disruption in crude oil supplies from the region. Traders are also waiting for the results of a two-day monetary policy meeting ...

  • Venezuela President and Minister of Petroleum meet Eni CEO

    During the meeting, which was held in an atmosphere of cordiality, they discussed the progress of the Perla super-giant field project, one of the largest gas fields discovered in the world in recent years, and Junn-5 oil field project. Eni has been present in Venezuela since ...

  • Eni Venezuela review oil gas developments

    Italian energy company Eni said it was coordinating with Venezuelan officials on the progress at one of the largest offshore oil fields in the world. Eni Chief Executive ...

  • Venezuela weighs baby bottle ban

    In addition to banning bottle-feeding, the proposed revisions to Venezuela's Law of Promotion and Protection of Breastfeeding also include plans to penalize those who advertise baby formula, she ...

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