Saturday, December 20, 2014

Nicaragua’s canal: Digging for truth | The Economist

Nicaragua’s canal: Digging for truth | The Economist

Turmoil in Haiti: Street politics | The Economist

Turmoil in Haiti: Street politics | The Economist

Venezuelan oil might be behind Cuba’s pivot to the U.S. | The Miami Herald

http://www.miamiherald.com/news/nation-world/world/americas/cuba/article4651707.html

IMF Executive Board Completes Sixth Review Under the Extended Fund Facility for Jamaica and Approves US$ 67 million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the sixth review of Jamaica’s economic performance under the program supported by a four-year, SDR 615.38 million (about US$932 million at the time of approval) arrangement under the Extended Fund Facility (EFF).

IMF's Executive Board Completes Eight and Final Review under Haiti's ECF Arrangement and Approves US$2.4 Million Disbursement

Press Release: IMF's Executive Board Completes Eight and Final Review under Haiti's ECF Arrangement and Approves US$2.4 Million Disbursement

Cuba: Pres. Castro Thanks U.S. in Speech But Reaffirms Communism

In a speech on Saturday, President Raúl Castro thanked President Obama for "a new chapter" while also reaffirming that restored relations did not mean the end of Communist rule in Cuba.
http://www.nytimes.com/2014/12/21/world/americas/castro-thanks-us-but-affirms-cubas-communist-rule.html?smprod=nytcore-iphone&smid=nytcore-iphone-share

Jacmel, Haiti is one of the 28 cities selected to join the UNESCO Creative Cities Network

The network aims to foster international cooperation between cities committed to investing in creativity as a driver for sustainable urban development, social inclusion and enhanced influence of cultural in the world.

Bloomberg: Nicaragua’s Rival to Panama Canal Set to Start Dec. 22

Nicaragua plans to begin building access roads and highways on Monday near the country's Pacific coast as it starts work on a $50 billion inter-oceanic canal meant to rival Panama's century-old waterway. http://bloom.bg/1JoWHZW





Bloomberg: Argentina Open to Lifting Currency Controls, Central Banker Says

Argentina may begin to unwind currency restrictions gradually if economic conditions are favorable, according to central bank President Alejandro Vanoli. http://bloom.bg/1wUBlNt


Bloomberg: Obama Says Opening to Cuba Will Take Years to Bear Full Fruit


Increasing U.S. travel and trade "chips away at this hermetically sealed society, and I believe offers the best prospect then, of leading to greater freedom, greater self-determination on the part of the Cuban people," Obama said at a White House news conference Friday before leaving for vacation in Hawaii. Photographer: Andrew Harrer/Bloomberg

President Barack Obama said the full opening of relations between Cuba and the U.S. may take years, even as he offered assurances the new U.S. stance will bring change to the island nation's closed society. http://bloom.bg/16C4CEb