CARACAS (Reuters) – Venezuelan President Hugo Chavez is making a new drive to put his socialist revolution on wheels.
The fiery critic of capitalism is promoting a government-led joint venture with a Chinese automaker that he says will offer cheaper cars to Venezuelans and promote socialist principles on the factory floor.
CARACAS (Reuters) – Venezuelan President Hugo Chavez ended a third round of chemotherapy on Friday, saying he “couldn’t feel better” as he led a caravan to the presidential palace cheered on by thousands of supporters.
Wearing a red beret and an olive green military uniform, Chavez stood up through the sunroof of a sport utility vehicle and waved to crowds lining the streets after he completed a cancer treatment session at a Caracas hospital.
CARACAS (Reuters) – Venezuelan President Hugo Chavez said on Tuesday he will only recognize a Libyan government led by his friend and ally Muammar Gaddafi and accused the United States of inciting the country’s civil war.
Chavez accused Western powers of riding roughshod over international laws by supporting the rebels in their revolt against Gaddafi.
MIAMI (Reuters) – The Colorado State University hurricane forecasting team on Wednesday maintained its 2011 Atlantic hurricane season forecast at nine hurricanes, with five of them expected to be major.
The leading storm research team, founded by hurricane forecast pioneer William Gray, said the six-month hurricane season which started on June 1 would likely see 16 tropical storms, unchanged from its June 1 outlook.
MIAMI (Reuters) – President Hugo Chavez’s battle against cancer has Venezuela’s fiercely critical exiles abuzz, but few are betting it heralds the end of his 12-year grip on power in their oil producing homeland.
Tens of thousands of Venezuelans have fled the country in the last decade to escape what they say is rising crime, dwindling economic opportunities and political persecution.
MIAMI (Reuters) – A former top Bolivian anti-drug official pleaded guilty on Thursday to charges of conspiring to smuggle cocaine into the United States in a case that has proved a major embarrassment for Bolivia’s President Evo Morales.
Retired General Rene Sanabria was head of Bolivia’s leading counternarcotics unit when he was arrested in February in Panama and deported to Miami, where he faced a life sentence if found guilty in a trial. Sentencing was set for September 2.
MIAMI, June 22 (Reuters) – Millionaires in Latin America
fared better than their compatriots in other regions during the
A combination of a conservative investing streak and Latin
America’s brisk recovery helped millionaires in the region
minimize losses in the last four years, according to the latest
annual Merrill Lynch-Capgemini World Wealth Report.
MIAMI (Reuters) – A decline in trading activity by individual investors reflects skittishness over the United States and global economies and a seasonal summer slowdown, the head of TD Ameritrade (AMTD.O: Quote, Profile, Research, Stock Buzz) said in an interview on Tuesday.
Fred Tomczyk, chief executive of the discount broker, said it was too early to tell if figures showing a drop-off in trading last month by retail investors marked a permanent shift in investor sentiment.
MIAMI, June 13 (Reuters) – Standard & Poor’s raised the
Dominican Republic’s credit rating on Monday, citing
improvements in the country’s debt structure and prospects the
economy will continue to grow at a healthy pace.
The upgrade comes as the government of President Leonel
Fernandez is moving to tap international capital markets for
$500 million this year.
MIAMI, June 3 (Reuters) – A U.S. federal judge rejected on
Friday a request by the Chiquita Brands International Inc
(CQB.N: Quote, Profile, Research, Stock Buzz) to throw out lawsuits by thousands of Colombians over
its payments to a right-wing paramilitary group during
Colombia’s civil war.
Some 4,000 Colombians are seeking damages claiming they and
their relatives were victims of violence by the paramilitary
group AUC, or United Self-Defense Forces of Colombia, which
Chiquita admitted to paying to ensure its workers’ safety.