Tuesday, February 9, 2016

Daily Headlines: February 9, 2016

* Nicaragua: Nicaraguan officials still plan to go ahead with the construction of an interoceanic canal despite construction delays, financing issues, and strong opposition from residents.

* Latin America: The Vatican presented a more detailed agenda of Pope Francis’ upcoming visit to Cuba and Mexico, while Catholics in Chile have urged the pontiff to fire a bishop accused of covering up sexual abuse cases.

* Argentina: The Argentine government offered $6.5 billion to settle with some creditors holding on to $80 billion in defaulted debt but may face pushback from bondholders seeking full repayment.

* Puerto Rico: More bad news for debt-ridden Puerto Rico as economic activity suffered a 0.5% yearly drop last December.

YouTube Source – PBS NewsHour (Video uploaded on April 2015).

Online Sources – The Australian, Catholic News Service, teleSUR English, Bloomberg, Reuters

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