Category archives for: Trade

German company raided for Mexican arms sales

The Americas Post - Mexicans appreciate fine German workmanship

The factory of German arms manufacturer Heckler & Koch was raided on Thursday by some 300 German agents, on suspicion of bribery related to the sale of weapons to Mexico in 2005. Authorities in Stuttgart confirmed that the search, which included the homes of some employees, was for evidence of bribes paid to Mexican officials [...]

Bolivian/US diplomatic relations thawing out

The Americas Post - These two presidents are back on speaking terms.

Bolivia and the United States on Monday announced the end of their three-year stalemate, with the signing of a “framework agreement” to re-establish diplomatic relations. Bolivian president Evo Morales in 2008 expelled the US ambassador and DEA agents, accusing them of supporting conspiracies by his conservative opposition.  Washington soon reciprocated by inviting the Bolivian ambassador [...]

New Peruvian leader still popular

Humala still has something to smile about

Approval ratings for Peruvian president Ollanta Humala declined 3% in October but remained at a relatively high 62% as the new head of state nears the end of his first 100 days in office, according to a poll by firm Ipsos Apoyo. The numbers seem to indicate that Humala’s center-left policies and promises to reach [...]

Ahmadinejad Venezuela visit postponed

Ahmadinejad visit cancelled "for health reasons"

The Venezuelan government announced Friday that a planned visit from Iranian president Mahmoud Ahmadinejad has been suspended while president Hugo Chavez recovers his “full health” after recent cancer treatment. Chavez, who returned from his fourth and last chemotherapy session in Cuba on Thursday, last week announced the visit would follow Ahmadinejad’s visit to the UN [...]

World arms sales down sharply in 2010

The arms business has stopped booming

Activity in the global arms trade declined 38 percent last year, according to a report released by the US Congressional Research Service.  Sales dropped from $65.2 billion in 2009 to $40.4 billion, the lowest level since 2003. In spite of its financial crisis the US continues to lead the pack with 57.2% of the market, [...]

Bolivia and China sign six new accords

In contrast with the ongoing deterioration of relations between Bolivia and the United States, this week the landlocked Andean nation signed six pacts strengthening government and state-run business ties with China. President Evo Morales presided over the signing ceremony one day after launching fresh verbal attacks on capitalism and US “imperialism” at the United Nations [...]

Central America and Caribbean CARICOM achieve security deal and promote free trade

The Third Summit of Heads of State of the nations of the Central American Integration System (SICA) and the Caribbean Community (CARICOM) ended yesterday with agreements to boost hemispheric security, trade agreements, economic and social cooperation. The President of El Salvador and president pro tempore of SICA, Mauricio Funes, announced at the conclusion of the Summit [...]

Colombia and Canada inaugurate FTA, while U.S. remains undecided

On Wednesday, Colombian president Juan Manuel Santos and Canadian Prime Minister Stephen Harper expressed hope that a trade boom will result following a Free Trade Agreement between both countries that became effective on August 15th . Santos also stressed that his government is working to reduce security risks for oil companies, in view of recent attacks blamed on [...]

Mexico: tourism fell 20% due to insecurity during first quarter of 2011.

The Center for the Study of Public Finance (CEFP) of the Congress of Mexico, said that due to insecurity, the country’s tourism trade balance fell 20.5 percent during the first quarter of 2011, equivalent to 619.6 million dollars less than last year. In its report “International travelers arriving in Mexico” for the first quarter, the [...]

Arms International: U.S. military helicopters, Israeli sell at $20:, Spanish resellers at $140:, Iran and Venezuela are buyers.

Spanish police stopped the illegal sale of nine military transport helicopters – Bell 212- to Iran and chopper spare parts to Venezuela.  The police operation, which took place simultaneously in Madrid and Barcelona, led to the arrests of five Spanish businessmen and three Iranian nationals, reports say. The five Spanish businessmen are suspected of trying [...]

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