On Friday, February 15, the United States imposed additional sanctions on key government officials in Venezuela as part of its continued support for Juan Guaidó. The move comes less than three weeks after President Donald Trump imposed sanctions on PDVSA,… Read More ›
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Sanctions Force Venezuela’s PDVSA To Shift To Russian Bank
Recent sanctions by United States President Donald Trump are causing Venezuela’s state-run oil company to make changes to its banking practices. According to Reuters, Petróleos de Venezuela SA, or PDVSA, is telling customers of its joint ventures to deposit proceeds… Read More ›
Top Venezuela Air Force General Defects, Backs Guaidó
In a widely circulated video, a high ranking military official said he publicly recognized Juan Guaidó, the leader of the opposition-controlled National Assembly, as the legitimate president of Venezuela. According to Reuters, General Francisco Yánez is a member of the… Read More ›
Paraguay Maintains Rate As Economy Expands Steadily
Paraguay’s central bank left its monetary policy rate steady at 5.25 percent, saying the economy continues to expand moderately while inflation has been on a downward trajectory in recent months but the outlook remains consistent with the inflation objective. The… Read More ›
Dominican Republic Holds Rate, Attentive To US Fed, Dollar
The Dominican Republic’s central bank kept its monetary policy rate at 5.50 percent, saying it is attentive to the normalization of monetary policy in the United States and its impact on the dollar and the price of oil and is… Read More ›
Costa Rica Y Chile Organizarán Cumbre Del Clima En 2019
Este artículo fue escrito por Michelle Soto y originalmente publicado por LatinClima en diciembre 14, 2018 . Se reproduce aquí bajo creative commons. La propuesta de Costa Rica y Chile de organizar conjuntamente la próxima cumbre climática fue acogida positivamente por la plenaria de la… Read More ›
Odebrecht Signs Agreement with Government of Peru
Odebrecht and the government of Peru signed an agreement which will allow the Brazilian construction conglomerate to operate in the country, according to Reuters. Two sources told Reutersthat Odebrecht will have to pay an approximately US$180 million fine over 15 years and… Read More ›
