“The usually vivacious Hugo Chavez, 56, confirmed in a stern speech on Thursday night he had surgery in Cuba to remove a cancerous tumor and was receiving more treatment.” — Reuters President Hugo Chavez is an iconic figure like Che Guevara and Fidel Castro, millions are breathing a sigh of relief that he isn’t on [...]

Twenty years ago, it was much easier to describe the economic organization of Latin American countries. The debt crisis, which spawned the so-called “lost decade” of the 1980s, had given the final blow to the import substituting industrialization (ISI) project. characterized by the dirigiste dogma, in words of Deepak Lal’s (in)famous book-title. The economic chaos was so profound that something had to be done, and quickly.

   Dr. Wolassa KumoIntroduction Analyses of global poverty often focus on a narrow concept of economic poverty, which is measured by income, consumption or wealth. Accordingly, an individual who does not have an access to food that provides a standard minimum daily energy requirement or lives on an income of less than US$ 1.25 per day, [...]

Luis Suárez is new villain after ‘hand of God’ claim: Diego Maradona step aside — there is a new pretender to the throne of most vilified World Cup figure. Step forward Luis Suárez, the Uruguayan striker whose last-minute goal-line handball helped his country reach the semifinals in which they will play Holland on Tuesday, and [...]

“Venezuelan President is offering parents a cure for children who don’t want to go to sleep. Have them watch his televised speeches. ‘It seems that there are mothers here who, instead of putting their kids to sleep with cartoons, put them to sleep with Chavez, ‘ he said. ‘And the child dozes off and dozes [...]