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Maduro loyalists walk out of Venezuelan parliament

Wednesday, 06 January 2016 10:59
Caracas: Venezuela parliament swore in its new crop of parliamentarians, the first time in 17 years that an opposition party, the Democratic Unity Roundtable (MUD), holds a majority.Tensions between the government and the MUD have been high for weeks, with…

Colombia legalises marijuana for medical use

Wednesday, 23 December 2015 17:50
Bogota: Colombian President Juan Manuel Santos signed a decree legalising the medical use of marijuana.The decree was also signed on Tuesday by Health Minister Alejandro Gaviria, whose agency would help regulate its use, Xinhua reported."We have just taken an important…

Chilean ex-general jailed for killing president's bodyguards

Wednesday, 23 December 2015 10:08
Santiago: A Chilean judge has sentenced a retired general to 18 years behind bars for ordering the 1973 execution of two bodyguards of president Salvador Allende, authorities said on Tuesday.Gen. Luis Ramirez Pineda (retd) was convicted for the murders of…

Brazil's new finance minister takes office amid recession

Tuesday, 22 December 2015 15:33
Brasilia: Brazilian new finance minister has assumed office with the responsibility of taking the country out of deep recession and ensuring economic growth.The government announced last week that Joaquim Levy would step down as finance minister and would be replacemed…

Miss Universe blunder bothers Colombians

Tuesday, 22 December 2015 10:11
Bogota: Colombian media and social networks lit up with reactions to the botched Miss Universe finale on Sunday night, which saw the national contestant crowned and dethroned in a matter of minutes.The pageant host, US comedian Steve Harvey, announced that…

Brazil appoints Nelson Barbosa as new finance minister

Saturday, 19 December 2015 11:30
Brasilia: In a major cabinet reshuffle, Brazilian President Dilma Rousseff has replaced the country's Finance Minister Joaquim Levy with Nelson Barbosa, the current minister of planning, the government announced on Friday.In a press conference here, Barbosa said that he would…

43 policemen killed in Argentina bus accident

Tuesday, 15 December 2015 11:22
Buenos Aires: At least 43 policemen were killed after the bus they were travelling in rammed through a bridge into a dried-up riverbed in Argentina on Monday, authorities said.The bus belonged to Argentina's military police force, and was travelling between…

Sanjeev Mohanty takes over as Jabong CEO

Wednesday, 09 December 2015 16:51
New Delhi: Sanjeev Mohanty has taken over as the new CEO and managing director of online fashion retailer Jabong, a company statement said here on Wednesday.Mohanty assumed responsibilities on December 7.With 20 years of experience, Mohanty has earlier worked with…

Digital commerce market to triple by 2017: Report

Tuesday, 08 December 2015 10:17
New Delhi: The booming digital commerce market in India is projected to triple to a whopping $128 billion in 2017 from $42 billion now, thanks to mobile and internet penetration, growing mobile-commerce sales and increasing payment options and discounts, a…

Opposition wins Venezuelan parliamentary elections

Monday, 07 December 2015 15:44
Caracas: Venezuela's opposition coalition has won a majority in parliament in Sunday's legislative elections, the country's National Electoral Council (CNE) said on Monday.CNE President Tibisay Lucena said the Democratic Unity Roundtable (MUD) has won 99 out of 167 seats in…