* Cuba: The country’s baseball federation may reportedly allow ballplayers to play in other countries though it would exclude the Major Leagues due to the U.S. trade embargo on Cuba.
* Venezuela: Italy’s Eni will join with Venezuela’s state-owned PDVSA in a $17 billion oil project in the Orinoco basin area.
* Brazil: Hundreds of additional police were deployed in Rio de Janeiro in order to combat in uptick in gang violence.
* Argentina: The government has requested the International Monetary Fund to help redesign an inflation index that is supposedly inaccurate.
Image – Reuters (Alexei Ramirez, seen here playing for Cuba at the 2006 World Baseball Classic, defected in 2007 and currently plays for the Chicago White Sox.)
Online Sources- BusinessWeek, Reuters, Miami Herald, BBC News