Friday, November 7, 2014

Daily Headlines: November 7, 2014

* Mexico: Construction of a $4.3 billion high-speed rail line will be up for bids again three days after Mexican authorities awarded the contractor the project to a Chinese-led consortium.

* Brazil: Recently reelected Brazilian President Dilma Rousseff promised to fight inflation with fiscal measures and make cuts to public spending.

* U.S.: According to the U.S. Labor Department the Latino unemployment rate fell to 6.8% in October, which marks the first time in over six years that the rate is below 7% for two consecutive months.

* Venezuela: One hundred nineteen Palestinian students arrived in Caracas on Thursday where they will study medicine with grants from the Venezuelan government.

Video Source – CCTV News via YouTube (Video uploaded on November 4th, three days prior to the Mexican government’s decision to put the contract back up for bids).

Online Sources – Bloomberg; Fox News Latino; Latin American Herald Tribune; The Latin Americanist; Xinhua

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