Connect to share and comment

Petrochemical plant to start operating in Bolivia in 2016

La Paz, Apr 20 (EFE).- The urea and ammonia plant being built by South Korea's Samsung in central Bolivia will begin operating in 2016, President Evo Morales said. Work is progressing satisfactorily and the plant is expected to be completed by the end of next year, Morales said during an inspection of the facility on Saturday. The $862.5 million petrochemical plant in the city of Entre Rios is the biggest investment project in Bolivia's history. Morales was accompanied on his tour by Carlos Villegas, the CEO of state-owned energy company YPFB.

Petrochemical plant to start operating in Bolivia in 2016

La Paz, Apr 20 (EFE).- The urea and ammonia plant being built by South Korea's Samsung in central Bolivia will begin operating in 2016, President Evo Morales said. Work is progressing satisfactorily and the plant is expected to be completed by the end of next year, Morales said during an inspection of the facility on Saturday. The $862.5 million petrochemical plant in the city of Entre Rios is the biggest investment project in Bolivia's history. Morales was accompanied on his tour by Carlos Villegas, the CEO of state-owned energy company YPFB.

Garcia Marquez and Castro: A controversial friendship

Colombian novelist Gabriel Garcia Marquez met Fidel Castro after the Cuban leader grabbed power in the 1959 revolution -- the beginning of a decades-long and controversial friendship. Garcia Marquez, who died in Mexico City on Thursday aged 87, had arrived in the Caribbean island as a journalist to cover Castro's band of bearded guerrillas who ousted right-wing dictator Fulgencio Batista in January 1959.

Garcia Marquez and Castro: A controversial friendship

Colombian novelist Gabriel Garcia Marquez met Fidel Castro after the Cuban leader grabbed power in the 1959 revolution -- the beginning of a decades-long and controversial friendship. Garcia Marquez, who died in Mexico City on Thursday aged 87, had arrived in the Caribbean island as a journalist to cover Castro's band of bearded guerrillas who ousted right-wing dictator Fulgencio Batista in January 1959.

Chairman of Chinese state-owned conglomerate being investigated for graft, party says

BEIJING, China - China's ruling Communist Party says the chairman of a massive state-owned conglomerate is being investigated on suspicion of corruption, nine months after the government audited the company. The party's Central Commission for Discipline Inspection said on its website Thursday that Song Lin was suspected of "serious violations of discipline and law." The phrase usually describes embezzlement, bribe-taking or related corruption that is considered rife in China's powerful state-run firms.

Cuba publishes text of new Foreign Investment Law

Havana, Apr 16 (EFE).- Cuba's government on Wednesday published the text of a new law that will take effect in late June and provide tax breaks for foreign investors. After it was approved on March 29 by the National Assembly, the Foreign Investment Law and its accompanying regulations were published in the official gazette and in a special tabloid put out by Cuban Communist Party daily Granma.

Tycoon on trial as Vietnam counts cost of its rogue bankers

By Nguyen Phuong Linh HANOI (Reuters) - A half-dozen shell companies, piles of forged documents, tax dodges, illegal stock trades and 19 bank staff unwittingly complicit in embezzlement on a massive scale. The indictment against Vietnamese tycoon and former banker Nguyen Duc Kien reads like a "how-to" guide for masterminding fraud in a country with banking oversight so slipshod it brought one of Asia's most promising emerging economies to the brink of crisis.

Vietnam frees two high-profile dissidents

Vietnam has released two political activists, the latest high-profile dissidents to be freed as the communist nation comes under increasing international pressure over its human rights record. Blogger Nguyen Tien Trung told AFP that he and Vi Duc Hoi, a Communist Party official turned democracy campaigner, had been freed on Saturday. Trung, 30, was serving a seven-year term in Ho Chi Minh City for "subverting the people's administration", while Hoi was jailed for five years for "anti-state propaganda".

French foreign minister makes 1st trip to Cuba in 30 years as Europe explores new ties

HAVANA - A French foreign minister visited Cuba for the first time in more than 30 years Saturday, travelling to the communist-run nation at a time when it is seeking to attract more foreign investment and improve ties with the European Union. Foreign Minister Laurent Fabius said he met with President Raul Castro for an hour and half, during which the two men "talked about everything, including human rights."

French foreign minister on historic visit to Cuba

By Marc Frank HAVANA (Reuters) - France's foreign minister arrived in Cuba on Saturday for a brief but historic visit, the first by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana. Foreign Minister Laurent Fabius met with his Cuban counterpart Bruno Rodriguez upon arrival, and was scheduled to meet with Cardinal Jaime Ortega and then French businessmen. Rodriguez met with Laurent in Paris last month.
Syndicate content