Friday, February 12, 2016

Daily Headlines: February 12, 2016 (Updated)

* Venezuela: The Venezuelan Supreme Court overrode a state of emergency measure passed by the opposition-led National Assembly, and legalized a decree of special economic powers for President Nicolás Maduro.

Update: Congressional leader Henry Ramos Allup said that the opposition will soon "present a concrete proposal" for the removal of Maduro from office.

* Latin America: A new report found that Chinese financing to Latin America and the Caribbean spiked from $10 billion in 2014 to $29 billion in 2015.

* Puerto Rico: Despite being hampered by a $70 billion debt and an economic crisis, Puerto Rico's government courted wealthy investors at a summit yesterday to invest in the commonwealth.

* Brazil: Brazilian officials accepted Israel’s new pick for ambassador to the South America country after dropping a former West Bank settler leader as the original appointment.

YouTube Source – France 24 English

Online Sources including Update – ABC News, Fox News Latino, CNBC, The Times of Israel, Yahoo News

Thursday, February 11, 2016

Daily Headlines: February 11, 2016 (Updated)

* Latin America: A pair of recent polls found that most Latin Americans are pessimistic over the region’s governments handling of the Zika virus outbreak, and 41% of people in the U.S. are less likely to take a trip to Latin America and the Caribbean.

Update: On a related note, Brazilian health officials claimed that it can take a year to develop a vaccine against Zika. Doing so, however, will be a major challenge.

* Mexico: At least fifty-two inmates died following a riot and a fire at the Topo Chico prison located near Monterrey in northern Mexico.

* Peru: Peru’s copper output is expected to grow by 19% this year, which will allow the country to leapfrog China and become the world’s second-largest copper producer.

* El Salvador: Former El Salvador President Mauricio Funes will become the next ex-Central American leader to face a trial over alleged wrongdoing while in office.

YouTube Source – Bloomberg Business

Online Sources including Update – The Guardian, Reuters, CNN, Bloomberg, Vox

Wednesday, February 10, 2016

Daily Headlines: February 10, 2016

* Brazil: Brazil’s annual inflation rate rose to 10.7% and, thus, climbed to its highest point in over twelve years.

* Dominican Republic: Much like Pulitzer Prize-wining author Junot Diaz, Nobel laureate Mario Vargas Llosa has come under fire in the Dominican Republic for criticizing the controversial elimination of citizenship to tens of thousands of people with Haitian background.

* Haiti: The World Health Organization warned that at least 1.5 million Haitians could suffer from malnutrition caused by a drought made worse by El Niño.

* Cuba: Analysts believe the number of Cubans migrating to the U.S. is on the rise over worries that the "wet foot, dry foot" immigration policy could soon be scrapped.

YouTube Source – CCTV America

Online Sources – MercoPress, The Washington Post, The New York Times, The Guardian, CNBC

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

Monday, February 8, 2016

Daily Headlines: February 8, 2016 (Updated)

* Haiti: Monday marks the first full day a transitional government rules Haiti after Michel Martelly stepped down as president amid political chaos and instability.

* Mexico: A ninth inning home run by Jorge Vazquez in the final game helped power Mexico to the Caribbean Series title for the third time in four years.

Update: On a related note, Cuba's Gourriel brothers including "star infielder" Yulieski reportedly left the team hotel and plan to defect as part of an attempt to play in the major leagues. 

* Venezuela: Shopping malls in Caracas will cut their hours of service to four hours per day as a result of weather-related energy rationing.

* El Salvador: Human rights advocates and friends of six Jesuit priests massacred in 1989 are pleased with the recent arrest of four ex-military members accused of committing the murders.

YouTube Source – AFP

Online Sources including Update – Vice News, The Latin Americanist, BBC News, Los Angeles Times, The New York Times, ESPN