Latin America

Fidel Castro Cheers “Political Victory” of Greek PM

Former Cuban President Fidel Castro, who championed a non-payment movement on Latin American foreign debt back in the 1980s, congratulated today the Greek prime minister, Alexis Tsipras, for his “political victory” in the referendum in Greece on Sunday that rejected a new austerity plan.

Read More

Greek Voters Reject Creditor’s Demands

Greek voters have overwhelmingly turned down the terms of an international bailout in a historic rejection of austerity. With a margin of 61 to 39 percent, Greeks voted no to further budget cuts and tax hikes in exchange for a rescue package from European creditors.

Read More

Cuba and China: Profiting from Differences

In terms of their dimensions, populations and economic conditions, Cuba and China are as different as an ant and an elephant. Their partnership in the field of biotechnology, however, has been recognized as highly profitable for both parties.

Read More

As Greece Heads for Default…

Tens of thousands of Greeks have protested against further austerity cuts ahead of a key referendum on a new European bailout. The demonstrations come as the country confirms it will not meet the deadline for a $1.8 billion loan repayment due by 6 p.m. Eastern time tonight.

Read More