Thursday, July 21, 2011

Daily Headlines: July 21, 2011

* Peru: Investors seem to have overcome their initial panic over the election of Ollanta Humala and the stock market has rebounded over the past several weeks.

* Ecuador: The directors and former opinion editor of El Universo newspaper were sentenced to three years in jail after losing a libel lawsuit brought up by President Rafael Correa.

* Cuba: The country’s Supreme Court is expected to hear an appeal tomorrow for convicted aid contractor Alan Gross who was sentenced to 15 years in prison for crimes against the state.

* South America: Paraguay will meet Uruguay in the Copa America final match after los Guaranis eliminated upstarts Venezuela in the semifinals.

Image – The Globe and Mail (Peru’s main stock market index has been rising this week after he promised not to replace the Central Bank chief and he selected two business-friendly figures to his future Cabinet).
Online Sources- Reuters, CNN, USA TODAY

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