Latin America

China $$ Drive Ecuador’s Domestic Development

Ecuador sees the loans it has agreed with China as “good news,” because they are long-term, and all that is required in return is “oil, and not the horrendous adjustments imposed by the IMF (International Monetary Fund),” leftwing Ecuadorian President Rafael Correa told analysts critical of the size and high interest rates of the loans.

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Chavez to Cuba for Round Two of Chemo

In the grips of what he has called a “battle for life”, Venezuelan President travels to Cuba over the weekend for the second session of chemotherapy treatment. Chavez assured that no new cancerous cells have been found in tests he has undergone.

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Fukushima Clouds Hiroshima Anniversary

“Against the backdrop of the disastrous Fukushima nuclear plant accident, I will speak of the absolute need for Japan to not only work to ban nuclear weapons but also to completely eradicate dependence on nuclear energy,” Matashichi Oishi, 78, a radiation victim from Bikini Atoll told IPS.

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Cooperatives in Argentina Reduce Hard-Core Unemployment

During the social and economic collapse of 2002-2003, the Argentine state encouraged the formation of workers’ cooperatives, which helped mitigate the worst effects of the crisis, reduced hard-core unemployment, and now as independent, democratic, worker-controlled organizations are providing services to the public and private sectors.

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Humala Promises Boom Will Reach Peru’s Poor

The new president of Peru, retired lieutenant colonel Ollanta Humala, promised to make the fight against poverty and marginalization the top priority of his administration. But his inaugural address was short on specifics, according to activists and analysts.

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US Accuses Iran of “Secret Deal” with Al-Qaeda

In a significant escalation in the rhetorical battle against Iran, the U.S. Treasury Department Thursday accused Tehran of having forged a “secret deal” with Al-Qaeda to allow it to use Iranian territory to transport money and operatives to Pakistan and Afghanistan.

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