In what’s likely a sign of things to come, the inaugural session of Venezuela’s National Assembly on Tuesday devolved into shouting, shoving and recrimination as the opposition took control of the body for the first time in 17 years.
The ruling-party delegation, long accustomed to holding sway in the legislature, stormed out of congress as they accused their rivals of violating internal regulations.
But beyond the posturing and brinkmanship, the opposition bloc laid out the guidelines of what they said would be their program to rescue the country.
Read Jim Wyss’ Miami Herald article here:
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Everyone is trying to get on the EB-5 bandwagon to get a piece of the coveted wealthy foreigner dollar. Many countries have something similar, sort of a “cash for visa” program. Well, Miami is getting into the game as a Regional Center. Starting as early as September, the city of Miami will begin dangling green cards to foreign investors as a means to spur economic development in South Florida and further cement Miami’s status as the global business hub. However, investors have plenty of options out there, and Miami’s late arrival to the party may not serve it well in courting them.
The once so-called emerging nations, the BRICS as they are known, think they have already emerged. This so-called emerging bloc of nations is banding together to create a formidable challenge to the Western financial hegemony.
Leaders of the five BRICS nations agreed on the structure of a $50 billion development bank by granting China its headquarters and India its first rotating presidency. Brazil, Russia and South Africa were given posts or units in the new bank.
Read Raymond Colitt’s Bloomberg News article here:
Se terminaron los Juegos Olímpicos 2012 celebrados en Londres, ya tendremos que esperar cuatro años para que se encienda de nuevo la llama y vuelvan a darse cita los mejores en cada categoría deportiva. Momentos inolvidables, ganadores y perdedores, alegrías y tristezas, nos déjà estas olimpiadas donde su gran anfitrión Londres no dejo de sorprendernos. De todos modos fue un gran éxito de humanidad. Ahora, vamos a Rio 2016.
This is a story that is fun to follow. Two largely hapless countries fighting for custody of a ship that neither can claim a lawful right to. The latest salvo, Argentina will ask a U.N. court to order the release of a navy sailing ship seized in Ghana unless the African country releases it within a day.
The ARA Libertad training ship was seized on Oct. 2 in the port of Tema as collateral for unpaid bonds dating from Argentina’s economic crisis a decade ago. Foreign Minister Hector Timerman said if Ghana does not free the vessel, Argentina will appeal to the International Sea Tribunal in Hamburg, Germa. The fun continues.
Want to move to Spain? Great. Bring a boat load of money and the government will give you permanent residency status. I’m not making this up. As an incentive to purchasing homes from its glut of inventory, Spain is offering foreigners who buy high-end homes there permanent residency. I guess that qualifies as a stimulus package.
Every major city in the United States has a Chinatown. Some more famous than others, but if you want to wear the big boy pants as a city, you have to have a Chinatown. Well, an idea that has been passed around in Miami for quite some time may now come to fruition, if it could only find a home.
Read Ashley D. Torres’s Business Journal article here:
See if you can guess what I’m talking about: A local institution is on a tear and has made the top ten rankings for the first time in a long time. University of Miami Men’s Basketball team? No, Miami Customs District? Turns out, 2012 was a golden year for international trade through the Miami Customs District. South Florida’s airports and seaports handled a record $124.73 Billion – with a “B” — worth of trade and cracked into the nation’s Top 10 customs districts for the first time. The center of gravity of the U.S. continues to move south, and Miami is reaping the rewards of it.