Sunday, November 23, 2014
Venezuelan President Nicolás Maduro, whose country has the world’s highest inflation and Latin America’s lowest economic growth, has just convened a “World Conference on the Crisis of Capitalism” for early 2015. He should invite Chinese leader Xi Jinping as the keynote speaker.
U.S. President Barack Obama will not take measures to ease the embargo on Cuba unless the government of Havana makes significant progress in democratic and economic reforms, said his deputy national security advisor, Antony Blinken.
Chile plans to replicate the European model for territorial concentration of business in order to spur competitiveness and promote local development, the vice president of the country’s Corfo agency for entrepreneurship and innovation says.
Panama Canal Authority (ACP) Administrator Jorge Quijano on Thursday highlighted the canal’s potential for transporting gas and other types of energy resources to Japanese companies once the waterway’s expansion is complete. Quijano said his week-long trip in Japan had been very important from the perspective of Japanese users who are anxious to be given a firm date for the enlargement works to finish. The widened channel will allow the cost-effective transport of energy such as liquefied natural gas (LNG), a new product for the Panama Canal to handle.
Bolivia’s government and France’s Atomic Energy and Alternative Energies Commission (CEA) have signed letters of intent on nuclear technology, the lithium industry, alternative energies, and industrial development, the Hydrocarbons and Energy Ministry said.
Mexico’s government on Friday revised its growth forecast downward for 2014 from 2.7 percent to a range of between 2.1 percent and 2.6 percent, attributing the decision to a drop in oil production. Speaking at a press conference, Deputy Finance Secretary Fernando Aportela also said the government is altering its gross domestic product forecast for 2015 from 3.7 percent to a range of between 3.2 percent and 4.2 percent.
The Argentine government has strengthened its control over the expenditure and income of currency in foreign trade through the creation of the Tracking and Tracing of Foreign Trade Transactions Unit, responsible for monitoring “prices and quantities of exported and imported goods and services, as well as foreign currency income/expenditures.”