Tuesday, August 5, 2008

Daily Headlines: August 5, 2008

* Nicaragua: An estimated $100 million in damage was caused by a massive fire which consumed Managua’s Oriental Market.

* Latin America: Stock markets throughout the region dropped yesterday with Brazil’s Bovespa dropping 3.5% and Argentina's Merval falling 3.9%.

* Mexico: A clash between Mexican border police and Central American smugglers left two people dead.

* Peru: Public hearings began over a controversial magazine cover depicting a nude model sitting on the Peruvian flag while riding a horse.

Image- SFGate.com (“People risked their lives Friday as they sought to gather up as many goods as possible before fleeing the fire at the Oriental Market in Managua, Nicaragua, considered the largest market in Central America. No fatalities were reported.”)

Sources- Living in Peru, BBC News, Guardian UK, CNNMoney.com, Monsters & Critics


No comments: