Regional News

Luiz Inacio Lula da Silva, Brazil's president, speaks during meeting at Planalto Palace in Brasilia, Brazil, on Wednesday, Sept. 27, 2023.   Photographer: Andressa Anholete/Bloomberg via Getty Images
Luiz Inacio Lula da Silva, Brazil’s president, speaks during meeting at Planalto Palace in Brasilia, Brazil, on Wednesday, Sept. 27, 2023. Photographer: Andressa Anholete/Bloomberg via Getty Images

Brazil’s Lula urges BRICS to create alternative payment methods

BRASILIA, (Reuters) – Brazilian President Luiz Inacio Lula da Silva said today that it is time for the BRICS nations to create new payment methods between them, adding that the group’s New Development Bank was designed as an alternative to what he called failing Bretton Woods institutions.

(From left) Karen Nunez-Tesheira, (PNM founding father) Ferdie Ferreira and (ACTING PM) Stuart Young
(From left) Karen Nunez-Tesheira, (PNM founding father) Ferdie Ferreira and (ACTING PM) Stuart Young

Deep division in PNM

(Trinidad Express) There is deep concern within the People’s National Movement (PNM) that Prime Minister Dr Keith Rowley is paving the way for Energy Minister Stuart Young to be this country’s next prime minister.

Clico declares first dividend in 15 years

(Trinidad Guardian) More than 15 years after the Central Bank assumed control of Clico, the insurance company declared a dividend of $1 billion, which will go to its main shareholders, its parent company CL Financial with 50.85 per cent and Corporation Sole with 49 per cent.

Venezuela's Oil Minister Pedro Tellechea leaves after a press conference, in Caracas, Venezuela April 16, 2024

Venezuela arrests former oil minister Tellechea

CARACAS, (Reuters) – Venezuelan authorities have arrested former industry and oil minister Pedro Tellechea, Attorney General Tarek Saab said today, the latest high-profile detention connected to management of Venezuela’s sanctioned oil industry.

Cuban police stand next to debris used to block a street during a protest against a blackout, in Havana, Cuba October 19, 2024

Millions of Cubans still without power as crisis deepens

HAVANA (Reuters) – Millions of Cubans awoke on Sunday to find their homes still without power after another partial grid failure overnight, deepening a crisis that has raised questions over the viability of the government’s efforts to reestablish electrical service.

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