Latest Latin America
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Govt to fulfill more election promises in 20132014
With a little over a week left until the Christie administration presents the 2013/2014 budget to Parliament, Minister of State for Finance Michael Halkitis said yesterday the upcoming fiscal year will give the government more leeway to implement some of its election campaign pledges. However, former Minister of State for Finance James Smith, who is now a government financial consultant, said ...
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Minnis wants emergency committee on crime
A national emergency plan that is non-partisan is needed to address the high crime rate in The Bahamas, Free National Movement (FNM) Leader Dr. Hubert Minnis said yesterday. Minnis said he will request an urgent meeting with Prime Minister Perry Christie to discuss the establishment of a crime committee made up of political leaders, members of civil society, the business community and the ...
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Govt in airspace talks with U.S.
The government held preliminary discussions with officials from the United States last week in a bid to finally gain control of the Bahamian airspace, Minister of Transport and Aviation Glenys Hanna-Martin said yesterday. Hanna-Martin said she along with other government officials had talks with U.S. officials in Washington, D.C. She said negotiations regarding the control of Bahamian airspace ...
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Bail appeal for ex-cop delayed
A former policewoman is scheduled to return to the Court of Appeal on Thursday in hopes of being granted bail pending trial. Toni Sweeting's bail hearing was adjourned yesterday because her lawyer, Jomo Campbell, had not filed an affidavit in support of the application. Sweeting, 27, was on duty when police officers allegedly found her with cocaine strapped to her body at Lynden Pindling ...
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Court sets deadline for release of seized funds
Senior Justice Jon Isaacs has set a deadline of Friday for seized funds to be released to convicted drug trafficker Melvin Maycock Sr. Police seized Maycock's accounts when he was indicted as the Caribbean head of a multinational drug smuggling gang in 2004. However, the court has authorized the release of some of that money to allow Maycock to pay legal expenses. If this does not ...
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Pompey Square to be completed within days
A former eyesore on Bay Street has been transformed into a green space that will feature cultural performances. The makeshift tent that temporarily housed the Straw Market is gone, and work on Pompey Square that leads out to the Prince George Wharf should be completed within days, according to Gevon Moss, the project manager for the Downtown Nassau Partnership (DNP). "We see the need for ...
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Ministry of Tourism heightens lionfish awareness
SEYMOUR'S, Long Island - The Ministry of Tourism and its partners have come together to further heighten awareness of the invasive and venomous lionfish in Bahamian waters. One such avenue was the Lionfish Hunt II, a competition and cook-off between local fishermen and chefs, that was held on May 17 to 18 at Seymour's Dock. The lionfish was sighted in Bahamian waters following the ...
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Sports complex in consideration
ABACO - A representative from the Ministry of Youth, Sports and Culture, along with a multi-agency team came together on May 9 with a small group of stakeholders to discuss ideas for a sporting facility in Abaco. Eugene Poitier, deputy permanent secretary at the ministry, said the government is seeking to increase the country's ability to develop new talent and manage elite talent by ...
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Harper’s South America trip complicated by Senate expenses scandal
The Senate expenses scandal is turning Prime Minister Stephen Harper's visit to South America into an awkward communications exercise.Harper's officials have indicated that the prime minister will finally take questions early this afternoon on the Prime Minister's Office involvement in reimbursing Senator Mike Duffy $90,000 for improper housing expense claims. But Harper will be ...
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Ash spews from Costa Rica volcano
The Turrialba volcano spews a huge column of ash into the skies over Coast Rica forcing evacuations in the nearby town of La Central. NBCNews.com's Dara Brown ...
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Mexicos Homex says arguably in default on some debt
MEXICO CITY | Wed May 22, 2013 10:40am EDT MEXICO CITY May 22 (Reuters) - Failure to meet payments due on derivatives "arguably" constitutes an event of default on debt owed by Mexico's second-largest homebuilder Homex , the company disclosed in a filing on Wednesday. Barclays' Mexico unit and Credit Suisse are suing Homex in New York courts over missed payments on ...
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Mexico stocks rise after Bernanke hints at steady stimulus
MEXICO CITY | Wed May 22, 2013 10:39am EDT MEXICO CITY May 22 (Reuters) - Mexican stocks jumped on Wednesday after Federal Reserve chairman Ben Bernanke suggested in a speech that it is not yet time to rein in U.S. monetary stimulus, which has boosted demand for riskier assets around the world. The IPC stock index rose just over 1 percent to 40,969 before hitting resitance and pulling ...
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NBC FBI Kills Man Linked to Boston Bombing Suspect
MIAMI -- An FBI agent shot and killed a Florida man with suspected links to the Boston Marathon bombings early on Wednesday, NBC News reported. NBC said the suspect was being questioned and was originally cooperative, but was fatally shot after attacking the agent. ...
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Syrian Troops Show Strength Ahead of Peace Talks
AMMAN -- The Syrian government says it has made significant progress in recapturing territory from opposition forces, even as it apparently prepares to take part in planned peace talks next month. The government offensive against the former rebel stronghold Qusair comes ahead of a peace conference next month aimed at bringing both sides in the conflict to the negotiating table. Some ...
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FBI Shooting in Florida May Be Related to Boston Bombings
The incident occurred in the city of Orlando. A local newspaper, The Orlando Sentinel, said a friend had identified the dead man as 27-year-old Ibragim Todashev. The friend told local media Todashev was being investigated as part of the Boston bombings and knew suspect Tamerlan Tsarnaev because both were martial-arts fighters. The FBI said only that one of its agents was involved in a ...
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OAS to Hold Workshop for Central America and the Dominican Republic on Participation and Access to Information for Sustainable Development in El Salvador
OAS to Hold Workshop for Central America and the Dominican Republic on Participation and Access to Information for Sustainable Development in El Salvador May 22, 2013 The Organization of American States (OAS) will hold, on Thursday, May 23, in San Salvador, the first Regional Workshop on "Mechanisms of Participation and Access to Information for Sustainable Development" for the ...
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Zimbabwes Mugabe signs new constitution into law
President Robert Mugabe on Wednesday signed Zimbabwe's new constitution into law, clearing the path to crucial elections later this year. The longtime ruler inked the document two months after it was overwhelmingly approved in a referendum. "This day is an historic day, it's about the future," Constitutional Affairs Minister Eric Matinenga said at the signing ceremony, held ...
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MMC Keeps It Personal In Latin American Consolidation
The key to developing a successful travel program in Latin America is maintaining interpersonal contact with senior leaders and travelers, many travel management professionals say. For professional services firm Marsh & McLennan, which started a Latin American travel consolidation about three years ago, it may have been the most important point."We spent one year planting the seeds, ...
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Banderas Super Mario Role Pleases Chilean Miners
Antonio Banderas was selected to star as "Super Mario" in the upcoming film "33" about the Chilean miners who were famously trapped underground for 69 days in ...
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PH Brazil forge air agreement to mount flights
Daily flights between the Philippines and Brazil, South America's largest country, may start soon following the approval of new air rights between the two countries this week. Under the new air agreement between the Philippine and Brazilian governments, a total of seven flights a week may be mounted between Manila and any point in Brazil. The agreement also allows an unlimited number of ...
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Guatemalas highest court on Monday overturned a genocide conviction against former dictator Efrain Rios Montt and reset his trial back to when a dispute broke out a month ago over who should hear the case.
Guatemalan former de facto president (1982-1983) and retired general, Jose Efrain Rios Montt,during a hearing in court in Guatemala City on Jan. 21, ...
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STXNEWS LATAM-Nau rates Brazils Ita buy Bradesco fair value
Wed May 22, 2013 9:41am EDT Analysts at Nau Securities led by Iigo Vega initiated on Wednesday coverage of Brazilian private-sector banks Ita Unibanco Holding SA and Banco Bradesco SA. Vega and his team rated shares of Ita "buy" with a price target of 40 reais; the rating on Bradesco is "fair value" at a target of 38 reais. In the case of Ita, Vega said that while the bank, ...
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British Top Diplomat Stresses Need for Syria Conference
British Foreign Secretary William Hague speaks as Jordanian Foreign Minister Nasser Judeh (R) listens during their joint news conference before a meeting of the Friends of Syria alliance in Amman, May 22, ...
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Afghan President Asks India for Military Aid
Afghan President Hamid Karzai has given a "wish list" of military equipment to India in hopes of securing more aid before international troops leave his country next ...
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Coty Inc. And Frajo Announce A New Joint Venture In Brazil
NEW YORK, May 22, 2013 /PRNewswire/ -- Coty Inc., an emerging leader in global beauty, is pleased to announce that it will form a joint venture in Brazil with Frajo Internacional, a leading Brazilian cosmetics distributor. The new venture will distribute and market Coty mass/masstige brands in the retail ...
Cuba Focus
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Cuba and Venezuela pushing ahead with major undersea project
Submarine cables are the information gateways of the modern world and Cuba will soon be linked to Venezuela and Jamaica by one, which will increase the efficiency of information flows between the countries by over 3000 times.
Work on an underwater cable that will link Cuba, Venezuela and Jamaica is underway with the survey ship RV Ridley Thomas mapping the ocean floor between the countries to determine the exact path of the cable. Read more
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