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Price of oil eases ahead of release of Fed minutes Bernanke testimony
NEW YORK - The price of oil fell Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. Benchmark crude for June delivery was down 47 cents to $96.24 a barrel in electronic trading on the New York Mercantile Exchange. On Wednesday, Fed chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy ...
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Maduro Advocates a New Kind of Television for Peace in Venezuela
Caracas, May 21 (Prensa Latina) Venezuelan President Nicolas Maduro called for a new kind of television that promotes human values, coexistence and peace, during meetings with the directors of the private channels Venevision and Televen. At the conclusion of these meetings, Maduro told reporters that he was very clear about the major challenges that must be overcome in the consolidation of a ...
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Leaked recording stirs political furor in Venezuela
CARACAS (Reuters) - A recording released by Venezuela's opposition purportedly revealing graft and conspiracy in the ruling Socialist Party has stirred a new political storm in the OPEC nation's already traumatic transition after the death of Hugo ...
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Colombia Opening Gates to Asia Pacific Summit
Bogota, May 21 (Prensa Latina) The Summit of the member countries of the Asia Pacific Alliance, whose opening will be on Thursday, have an anteroom today in the southern city of Cali, with the meeting of the High Level Group comprising ministers Trade and Foreign Affairs. The ministers, who have been working for several months in the agreements to be sealed on the 23rd, developed technical ...
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Venezuelan Take Five Medals at Intl Wushu Match in Hong Kong
Caracas, May 21 (Prensa Latina) Venezuelan athletes won five medals at the World Traditional Wushu Championship held in Hong Kong, as part of the development of the discipline in the country, official sources reported today. According to the Sports Ministry, Venezuelan Jenny Neng and Jorge Perez won two gold, two silver and one bronze medal. Perez won the two gold medals after his performance in ...
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Oil prices drop before Fed chiefs testimony
LONDON (AFP) - World oil prices fell on Tuesday as traders looked ahead to the latest thoughts of Federal Reserve chief Ben Bernanke on the outlook for the US economy.Brent North Sea crude for delivery in July dropped 53 cents to $104.27 a barrel in approaching midday in London.New York's main contract, light sweet crude for June, slipped 24 cents to $96.47 per barrel.Bernanke will appear ...
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Weak dollar props oil prices
Brent crude rose 16 cents to $104.80 a barrel The price of oil rose Monday, taking its cue from the stock market and the dollar, AP reported.Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange.Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks slipped in the afternoon, a weak dollar propped up ...
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PMs South America trip turns focus from turmoil to trade
Prime Minister Stephen Harper heads to Peru and then to Colombia for trade talks this week - after he speaks to his caucus about a growing Senate expense scandal that claimed his chief of staff over the weekend. (Adrian Wyld/Canadian ...
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Give Colombias Long-Overdue Peace a Chance
Continued dissatisfaction with the Colombian peace process may impact the final outcome of next year's presidential elections. The stumbling talks may also come to represent yet another missed opportunity to end decades of conflict between the state and FARC rebels, or so warns Robert Valencia. By Robert Valencia for World Policy ...
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OAS General Assembly will hold major debate on the drug problem in the Americas
Secretary General Jose Miguel Insulza presented on Monday the Report on the Drug Problem in the Americas to the members of the OAS Permanent Council, in a special meeting of the Inter-American Drug Abuse Control Commission (CICAD) in which he expressed his hope that the document is understood not as a conclusion, but only as the beginning of a long awaited ...
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Workers Struggles The Americas
, "President Dilma Rousseff optimistically predicted they would trigger a $25 billion spending spree on ports." The stevedores fear that the legislation would affect their job security and labor rights. The main provision opposed by the dockworkers' union would take the power to pick workers at private terminals out of the unions' hands. Union officials expressed hopes that ...
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The crisis of Venezuela’s “Bolivarian” revolution and the political independence of the working class
One month after its razor-close presidential election, Venezuela remains in a state of political crisis. The aftermath of the victory by Nicolas Maduro, the hand-picked successor of the late Hugo Chavez, who had led the country through 14 years of his self-proclaimed "Bolivarian Revolution," has seen the right-wing opposition, with the backing of the Obama administration in Washington, ...
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Canadian Prime Minister Travels to Peru and Colombia
Ottawa, May 21 (Prensa Latina) Canadian Prime Minister Stephen Harper travels to Peru and Colombia today as part of its strategy to strengthen relations with Latin America and the Caribbean in the complex global economic scenario. According to an official statement, Harper will review on Wednesday with Peruvian President Ollanta Humala, the current state of their business and discuss prospects ...
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MLB Arizona 5 Colorado 1
Patrick Corbin fired a complete-game three-hitter Monday and the first-place Arizona Diamondbacks cruised to a 5-1 victory over Colorado. Corbin (7-0) turned in his ninth straight start of allowing two or fewer earned runs with the dominating performance while lowering his ERA to 1.44. The left-hander allowed only one run and struck out 10 in the 97-pitch gem, which boosted the National League ...
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Colombia says security measures ready for upcoming Pacific Alliance summit
Colombian authorities have said security measures are in place for a two-day summit of Pacific Alliance later this week in Cali, capital of the western province of Cauca.Colombia has deployed more than 3,000 police officers to ensure the safety of the heads of state and other top officials at the event, and 180 motorbikes, 60 patrol cars, a helicopter and an unmanned aircraft are used for the ...
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