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Victims of Venezuela crisis despair at prospect of second Maduro term

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 ...

Cuba celebrates 60 years of revolution amid challenges and change

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.

Cuba celebrates 60 years of revolution amongst challenges and change

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.

Venezuelan government takes over Goodyear plant

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.

Venezuelan government takes over Goodyear plant

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.

Venezuelan government takes over Goodyear plant

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.

China's Xi in Panama on mission to bolster clout in Latin America

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.

Venezuela's Maduro boosts minimum wage by 150 percent

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.

Cuba president greets returning doctors after Brazil feud

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.

First Cuban doctors return over spat with Brazil's Bolsonaro

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.

Cuba plans a center devoted to study of Fidel Castro: Granma

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.

World Bank warns of Latin America's 'fragile' recovery

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.

Maduro says oil finance commitments won from China

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.

Many Nicaraguan businesses closed as 24-hour strike begins

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.

Venezuela arrests 131 accused of economic sabotage

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.

Maduro's economic reforms fail to convince Venezuelans

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.

Venezuela orders banks to adopt cryptocurrency

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.

Cuba signals willingness to open railway operation to foreigners

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.

Hard-hit Venezuelan churches forced to accept plastic for donations

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.

Cuba's tourism numbers rising despite US 'campaigns': government

Havana - The number of tourists visiting Cuba is rising, despite US "campaigns" to curb economic activity on the communist island, Cuban officials announced Friday.

Nicaragua's economy laid low by months of unrest

Managua - Tourist spots are empty, shopping centers and hotels are shuttered, loans for farming have dried up, and unemployment is accelerating.

How far can Venezuela go in raising price of world's cheapest gas?

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.

Venezuela's president admits economy has failed

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.

Stripping zeros not the answer to save Venezuelan economy, say analysts

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.

G20 finance ministers to tackle trade war impact on global economy

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.

Reforms loom, but not capitalism: Cuba president

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.

OPEC data show Venezuela oil output in free fall

Caracas - Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday.

Nicaragua's crisis deals a crushing blow to businesses large and small

Managua - With hotels, restaurants, bars, stores, workshops and even tortilla sellers driven out of business or struggling to survive, and with thousands of people left jobless, the turbulent political crisis sundering Nicaragua has taken a broader toll, plungin...

Temer, Pence discuss Venezuela, Brazilian kids separated at US border

Bras - Brazilian President Michel Temer and US Vice President Mike Pence discussed Tuesday the fate of Brazilian children stranded at America's southern border and Venezuela's deepening crisis.

Mexico says NAFTA deal still possible in coming weeks

Mexico - Mexico said Thursday there is no "do-or-die date" to conclude an updated trade deal with the United States and Canada, insisting a new agreement is possible from the end of May.
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