Daily Headlines: May 21, 2012

* Cuba: In a possible setback for future oil exploration off the Cuban coast Spanish firm Repsol claimed that the first well they drilled in Cuban waters came up dry.

* Brazil: President Dilma Rousseff will receive compensation for the human rights abuses she suffered during Brazil's 1964-1985 military dictatorship, while she formally inaugurated a “truth commission” to investigate violations committed during that era.

* Mexico: Police arrested a suspected member of the Zetas drug gang accused of being behind the recent massacre of forty-one people.

* Peru: Did the military secretly execute over a dozen rebels in 1997 during a raid to rescue hostages in the Japanese ambassador's residence?

Video Source – YouTube via Associated Press (From January 2012 – “An oil rig is ready to begin drilling off Cuba's coast. The area is believed to have billions of barrels of oil under the sea floor, and Cuba is hoping that oil will provide an economic boost.”)

Online Sources- BusinessWeek, GlobalPost, Bloomberg, Huffington Post, Time