economa News
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By AFP
Havana -
Communist Party daily Granma and other Cuban newspapers will slash edition sizes from Friday because of a shortage of newsprint, echoing similar cutbacks imposed by Fidel Castro after the fall of his Soviet Union ally in the 1990s.
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By AFP
Caracas -
Two vast blackouts that hit Venezuela this month have savaged its already ragged economy, paralyzing its vital oil industry and costing the country $200 million a day, experts say.
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By AFP
Bras -
Brazilian President Jair Bolsonaro's pursuit of closer ties with the United States risked compromising the Latin American country's foreign interests and leaving it alienated, analysts warned.
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By AFP
Maracaibo -
The fish Juan Maurice is catching are so small they're best thrown into a frying pan. Even so, they won't fatten this out-of-work builder who has lost 16 kilograms (35 pounds) over the past two years.
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By AFP
Caracas -
A public transport employee who doesn't earn enough to feed himself, a doctor who watches his patients die for lack of medicines, a lawmaker without a legislature, three generations of one family emigrating -- the list of victims of Venezuela's crisis ...
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By AFP
Santiago De Cuba -
Cuba, long a source of inspiration for leftist Latin American governments, celebrated the 60th anniversary of its revolution on Tuesday facing increasing isolation in a region dominated by a resurgent right.
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By AFP
Havana -
Cuba will celebrate 60 years of revolution on Tuesday amidst economic crises and political reforms, the first time it will mark such an anniversary without a revolutionary fighter in power.
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By AFP
Caracas -
The Venezuelan government took control Tuesday of installations owned by Goodyear, a day after the US tire-maker closed its operations in the crisis-torn South American country.
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By AFP
Caracas -
The Venezuelan government took control Tuesday of installations owned by Goodyear, a day after the US tire-maker closed its operations in the crisis-torn South American country.
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By AFP
Caracas -
The Venezuelan government took control Tuesday of installations owned by Goodyear, a day after the US tire-maker closed its operations in the crisis-torn South American country.
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By AFP
Panama -
China's President Xi Jinping and his Panamanian counterpart Juan Carlos Varela signed a string of cooperation agreements Monday as Beijing aims to extend its political and economic influence in Latin America.
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By AFP
Caracas -
President Nicolas Maduro on Thursday increased Venezuela's minimum wage by 150 percent, the sixth readjustment this year, as part of an economic reform plan that has failed to curb rampant inflation.
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By AFP
Havana -
Cuba President Miguel Diaz-Canel personally welcomed back doctors at Havana airport, a local newspaper reported, as 200 returned from Brazil following a spat between the two Latin American countries' leaders.
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By AFP
Havana -
The first of more than 6,000 Cuban doctors working in Brazil arrived back on the Communist-run island Thursday after Havana announced it was withdrawing from a medical aid program over a spat with President-elect Jair Bolsonaro.
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By AFP
Havana -
As the second anniversary of Fidel Castro's death approaches, Cuban authorities are working on a center for the study and promotion of his ideas, the official newspaper Granma reported Saturday.
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By AFP
Washington -
The World Bank on Friday expressed concern over the "fragile" economic recovery in Latin America and the Caribbean, weighed down by Venezuela's spiraling crisis and weak performances in Brazil and Argentina.
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By AFP
Caracas -
Venezuelan President Nicolas Maduro said Saturday he had new commitments from Beijing on funding for the oil industry on which crisis-hit Caracas relies.
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By AFP
Managua -
Many shops, banks and gas stations were closed Friday in a 24-hour strike in Nicaragua called by the opposition in protest at "political prisoners" and the rule of President Daniel Ortega's government.
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By AFP
Caracas -
Venezuelan authorities have arrested 131 people accused of attempting to sabotage reforms implemented by President Nicolas Maduro to alleviate a crippling economic crisis, the attorney general said on Thursday.
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By AFP
Caracas -
President Nicolas Maduro has launched a raft of economic reforms aimed at injecting life into his country's dying economy, but Venezuelans aren't convinced and continue to flee in the thousands.
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By AFP
Caracas -
Venezuelan President Nicolas Maduro ordered banks to adopt the petro cryptocurrency as a unit of account Monday, as the country struggles to emerge from a severe political and economic crisis.
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By AFP
Havana -
Cuba has signaled its willingness to open up the operation of its extensive state railway system to foreign companies in a decree published Wednesday as part of a spate of economic reforms.
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By AFP
Caracas -
Venezuela's collapsing economy has forced churches and priests to get creative in order to keep their coffers full as four years of recession and a projected one million percent inflation rate hit everyone hard.
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By AFP
Havana -
The number of tourists visiting Cuba is rising, despite US "campaigns" to curb economic activity on the communist island, Cuban officials announced Friday.
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By AFP
Managua -
Tourist spots are empty, shopping centers and hotels are shuttered, loans for farming have dried up, and unemployment is accelerating.
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By AFP
Caracas -
In Venezuela's inflation-hit economy, a single US dollar can buy 3.5 million liters of gasoline -- an absurdity that the government says it will tackle with a hike in the cost of state-subsidized fuel.
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By AFP
Caracas -
Under-fire Venezuela President Nicolas Maduro admitted his economic model has "failed" in the wake of food and medicine shortages and public service paralysis, such as Tuesday's power failure that affected 80 percent of Caracas.
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By AFP
Caracas -
Zapping five zeros off Venezuela's almost worthless currency is nothing but a half-hearted measure and won't solve the country's chronic hyperinflation, analysts have told AFP.
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By AFP
Buenos Aires -
Global trade conflicts triggered by the protectionist policies of US President Donald Trump are set to dominate this weekend's meeting of Group of 20 finance ministers in Buenos Aires.
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By AFP
Havana -
Cuban President Miguel Diaz-Canel on Tuesday said that while reforms loom in the Communist country, they would not be an embrace of capitalism.
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