Daily Headlines: April 13, 2016

* Nicaragua: Nicaragua legislators rejected a “citizens bill” based on a petition with some 28,000 signatories seeking to stop a planned interoceanic canal. 

* Cuba: The Cuban government loosened restrictions on some cooperatives as part of a “cautiously implemented market reform program” but stopped short of granting more flexibility to private restaurants.

* Latin America: The Economic Commission for Latin America and the Caribbean believes Latin America’s economy will shrink by 0.6% this year in a report published days after the Inter-American Development Bank revised their outlook to a 0.3% contraction.

* Mexico: Mexico is allegedly preparing a plan to bid for the 2026 soccer World Cup, which could affect the chances of the U.S. hosting the event and might impact the joint invite for the 2030 tournament by Argentina and Uruguay.

YouTube Source – AFP

Online Sources – The Guardian, Reuters, Nearshore Americas, Fox Sports