International Container Terminal Services Inc. (ICTSI) said Thursday that its first-quarter net profit rose 15% from the year-earlier period, boosted by double-digit growth in its revenue and cargo volume.
ICTSI said net profit in the January-March quarter rose to $40.7 million from $35.4 million in the year-earlier period, while total revenue increased 20% to $209.3 [...]
‘The canal no longer solely depends on the world’s main economies,’ said Panama Canal Administrator Jorge Quijano.
A record amount of cargo crossed the Panama Canal over the past 12 months, largely fueled by economic growth in Latin America, the waterway’s top administrator said.
Nearly 334 million tonnes of cargo crossed the canal during fiscal [...]
Ecuador President Rafael Correa has said that USAID-supported projects are designed to undermine administrations Washington dislikes. ‘It’s a recipe that’s been used repeatedly in Latin America against countries with progressive governments,’ Correa said, suggesting that USAID-backed programs had helped create the environment for an attempted coup in Venezuela in 2002. ‘They can’t beat us [...]
From the Alliance for Global Justice:
The Solidarity Center office in Bogotá has received an unusually large two-year grant of $3 million for its operations in the Andean Region.
The scope and dimensions of the grant are not fully known, nor the exact programs to which it will be applied.
However, given the history [...]
Ecuadorian ministries and institutions are analyzing continuing their cooperation with the United States Agency for International Development (USAID), after questioning the real objectives of its presence here.
Although the government will make the final decision, the results of these consultations and the scenarios of an eventual decision to expel USAID from Ecuador are being analyzed [...]
From the Alliance for Global Justice:
The Solidarity Center has some good and helpful programs and some that are at least more or less benign. But these good programs can act to hide a more fundamental purpose to infiltrate and influence the labor movements of other countries and to provide a channel of interference in [...]
The United States reiterated its willingness to finance rebel groups seeking to destabilize some countries of the Bolivarian Alliance for the Americas (ALBA), a mechanism of political, economic and social integration created in 2004.
According to Mark Feierstein, Assistant Administrator for Latin America and the Caribbean of the U.S. Agency for International Development (USAID), Washington [...]
Adrian Vásquez is the sole survivor of the fishing boat that signaled the cruise ship. His 16-year-old and 31-year-old companions died in the days after the ship passed them by.
After surviving 28 days out at sea in a small disabled boat, Panamanian Adrian Vazquez is now suing Princess Cruise Lines after one of its [...]
Ports operator International Container Terminal Services Inc. (ICTSI) reported a net income of $35.4 million in the first three months of the year, on the back of growth in volume and revenues and lower financing charges. This was 24% higher than the $28.5 million net income during the same period in 2011.
ICTSI said its [...]
These photos of unionists who have been killed by the Colombian government and paramilitaries are from Justice for Colombia.
Writer Alberto C. Ruiz reports on recent State Department cables released by Wikileaks and says:
What these cables portray is an organization, the AFL-CIO, which [...]
US President John Kennedy Established USAID – the United States Agency for International Development – in November, 1962 as an organization charged with an essentially humanitarian mission of providing economic and other support to struggling countries around the world. The agency’s stated goals therefore include conflict prevention, the expansion of democracy, humanitarian assistance, and human [...]
A ship from the Danish shipping company “Maersk Line” arrived last Saturday at the main pier of Bolívar Port, to start shipping operations of banana tree containers destined to the United States and some European countries.
“The transportation costs by land of a container to Machala to Guayaquil is above US$300, but now they only [...]
APL and Hamburg Sud will cooperate in a vessel-sharing agreement linking the West Coast of South America with Central American ports and connecting with the carriers’ linehaul services.
The service’s port rotation will be Balboa, Panama; Paita, Peru; Guayaquil, Ecuador; Balboa; Puerto Quetzal, Guatemala; Lazaro Cardenas, Mexico; La Union, El Salvador; Puerto Caldera, Costa Rica; [...]
Many Ecuadorian organizations have received funds from the U.S. Department of State to destabilize the government of Rafael Correa, according to U.S. writer and researcher Eva Golinger.
Some of those groups are linked to the indigenous movement and receive the funds through agencies USAID (United States Agency for International Development) and the NED (National Endowment [...]
Ollanta Humala and wife Nadine Heredia Alarcón
The victory of left-populist candidate Ollanta Humala in Peru’s election is a “big fucking deal”, as Vice President Joe Biden famously whispered to Obama on national TV in another context. With respect to US influence in the hemisphere, this knocks out one of only two allies that [...]