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Pope Francis asked Bolivia information about demands against Chile

Bolivia’s President Evo Morales revealed on January 4 that Pope Francis requested him information of Bolivia on the centennial maritime claim to Chile, on the eve of the visit of Catholic leader this year to the country. Morales was asked if the Pope Francisco could mediate...
Posted On 05 Jan 2015
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The state budget is trimmed in $ 1,420 million after reduction of oil prices

The Minister of Finance, Fausto Herrera, prior to traveling to China, indicated that the General State Budget (PGE) of this 2015 was cut in $1 420 million, “considering the reduction of oil prices,” he said in a statement, on Monday, January 5. According to the...
Posted On 05 Jan 2015
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Police officers turn their backs to the Mayor of New York

Thousands of Police Officers of New York turn their backs yesterday to Mayor Bill de Blasio, while praising an agent killed along with another companion, this happened despite the pleas of the Chief of Police to put the anger aside.  The event was outside the funeral home where...
Posted On 05 Jan 2015
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Assembly will discuss draft reforms to the Labour Code and the Social Security Law

The National Assembly will have the first debate this January 6 on the Law for Labor Justice and Recognition to Home Labor. The project has 44 articles: 41 are reforms to the Labour Code; and three to the Social Security Law. According to a report of the Assembly, the Sections on...
Posted On 05 Jan 2015
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Alleged payments of retirement pensions to former officials, which exceed the limits, are denounced

Payments for retirement pensions of up to $ 1,200 per month that are being made to some former officials of thepublic sector would transgress the limits set in the constitutional mandates 2 and 8, and executive decrees 1701 and 225, said the Legal Secretary of the Presidency,...
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Ecuador applies safeguards to Colombia and Peru since today, according to the Comex

Since today, the Ecuadorian government will implement an exchange safeguard or ad valorem customs duty, which is equivalent to 7% for products originated in Peru and 21% for the ones coming from Colombia. The Committee of Foreign Trade (Comex) took that resolution last December...
Posted On 05 Jan 2015
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Correa seeks to strengthen support of China in different areas

President Rafael Correa today begins his visit to the People’s Republic of China. The Government indicated it seeks to strengthen political, economic, trade, energetic, education, scientific and technological cooperation between the two countries. The Secretariat of Higher...
Posted On 05 Jan 2015
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Venezuela resorts to China for financial support after falling of crude

Venezuelan President Nicolas Maduro traveled to China in search of support amid the falling in oil prices and the critical economic situation of the country, on a tour that will also take him to visit various member states of OPEC. “I’m going on a specific tour,...
Posted On 05 Jan 2015
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Dollar price appreciation worries the market

Despite the characteristic volatility of the currency market, in recent months the dollar showed a sustained appreciation. The dollar began to rise against other currencies this year and has begun to generate expectations for the consolidation of the US economy. Experts said that...
Posted On 05 Jan 2015
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Maduro offers exchange of Leopoldo Lopez for Puerto Rican Oscar Rivera

Venezuelan President Nicolas Maduro said today that “the only way” to sign a presidential pardon in favor of jailed opposition leader Leopoldo Lopez, would be an exchange with Puerto Rican independence leader Oscar Lopez Rivera. “The only way I would use...
Posted On 05 Jan 2015
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