Venezuela
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James Lockhart-Smith, senior Latin American analyst at Maplecroft, discusses Latin America inflation levels, the coming elections in Venezuela where he expects the government candidate to win and Argentina's failure to repay bondholders.
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CARACAS, March 19- Venezuela vowed on Tuesday to provide more dollars to importers through a new foreign exchange system, but officials gave only vague details of how it will work and skirted around key issues including what the rate would be.
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*Cyprus expected to reject on bank deposits levy on Tuesday. LONDON, March 19- Brent crude oil fell on Tuesday, trading below $109 a barrel as uncertainty over a bailout for Cyprus intensified concerns about the euro zone debt crisis and about energy demand in the event the economic picture darkens.
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*Cyprus expected to reject on bank deposits levy on Tuesday. LONDON, March 19- Brent crude oil fell on Tuesday, trading below $109 a barrel as uncertainty over a bailout for Cyprus intensified concerns about the euro zone debt crisis and about energy demand in the event the economic picture darkens.
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CARACAS, March 18- Venezuela will launch a new "complementary" system to bolster the official foreign exchange system, and full details will be given on Tuesday, acting President Nicolas Maduro said.
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CARACAS, March 18- Venezuela will launch a new "complementary" system to bolster the official foreign exchange system, and full details will be given on Tuesday, acting President Nicolas Maduro said.
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NEW YORK, March 18 Fitch Ratings has affirmed Banco Exterior, C.A. Banco Universal's long-term Issuer Default Rating at' B+'. The Rating Outlook is Negative.
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March 18- Schlumberger Ltd, the world's largest oilfield services company, warned on Monday that North American activity was coming in lower than expected in the first quarter as fewer rigs were going back to work than it predicted. Shares of Schlumberger fell 3.2 percent to $76.88 in early trading on the New York Stock Exchange.
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BEIJING- China has become the world's fifth-largest arms exporter, a respected Sweden- based think-tank said on Monday, its highest ranking since the Cold War, with Pakistan the main recipient.
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TORONTO, March 17- An aboriginal protest movement that's often compared with Occupy Wall Street has the potential to disrupt mining projects across Canada, threatening to undermine the country's coveted reputation for low-risk resource development.
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CARACAS, March 15- Venezuela's post-Chavez oil policy will increasingly focus on deals with China and Russia if acting President Nicolas Maduro wins an April 14 election to continue his late boss's socialist programs.
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CARACAS, March 15- Venezuela's central bank may auction U.S. dollars in a second official currency exchange mechanism designed to improve the supply of greenbacks and counter black market trading, newspapers said on Friday.
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BOGOTA, March 14- Colombia's FARC rebels blew up the rail line of Colombia's largest coal exporter, Cerrejon, on Thursday, taking the train out of commission for up to four days but not impeding exports, military and company officials said.
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BOGOTA, March 14- Unknown assailants bombed the rail line of Colombia's largest coal exporter on Thursday, knocking 17 wagons off the rails, the Cerrejon coal company said. "Around 4:45 am, the train, which headed towards the coal port of Puerto Bolivar, was attacked with explosives... which produced the derailment of 17 wagons," Cerrejon said in a statement.
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CARACAS, March 13- Venezuela has more fiscal measures coming to improve the supply of dollars within a system of strict currency controls introduced years ago by the late socialist leader Hugo Chavez, a senior minister said on Wednesday.
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CARACAS, March 13- Venezuela has more fiscal measures coming to improve the supply of dollars within a system of strict currency controls introduced years ago by the late socialist leader Hugo Chavez, a senior minister said on Wednesday.
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CARACAS, March 13- Late Venezuelan leader Hugo Chavez may have had a hand in Christ's decision to opt for a Latin American pope, acting President Nicolas Maduro said on Wednesday. Jorge Mario Bergoglio of Argentina was elected in a surprise choice to be the new leader of the Roman Catholic Church on Wednesday, the first non-European pope in nearly 1,300 years.
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The Venezuelan government has announced it will conduct a formal inquiry into whether deceased president Hugo Chavez was "inoculated" with cancer. Risa Grais-Targow, Eurasia Group Latin America Analyst, provides perspective on how this might impact oil
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*Ugly run-up to April 14 election to succeed Chavez. CARACAS, March 13- Remarks by acting President Nicolas Maduro that were widely perceived as a homophobic slur against opposition rival Henrique Capriles have further stirred Venezuela's acrimonious election campaign.
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*Rosneft's $55 bln takeover of TNK-BP near to closing. MOSCOW/ LONDON, March 13- Representatives of the Alfa Group, set to earn billion of dollars from the sale of Anglo-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and Tony Hayward about investing jointly in international oil projects.
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WASHINGTON- Cyber security threats against the United States are growing, President Barack Obama said before a meeting on Wednesday with corporate leaders about the issue, as concerns rise about hacking attacks emanating from China.