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Energy & Commodities

This week’s likely top stories: The Summit of the Americas commences in Panama; petition criticizes U.S. action against Venezuela; Argentine Central Bank inspects Citibank; TSJ initiates missiles trial in Bolivia; Canada and Venezuela discuss investment in Venezuelan oil.

Intelligence chiefs to be replaced in Peru; Citigroup is permitted to process Argentine debt payment; Costa Rica sets global clean energy record; former Spanish PM to defend Venezuelan opposition leaders; Ayotzinapa victims’ families visit Amnesty International.

This week’s likely top stories: Opposition alarmed by President Maduro’s power of decree; U.S. and Cuba continue talks; Brazilian citizens protest corruption; Bolivia and Brazil to sign energy agreement; Cuba allows first public wi-fi center.

As investment levels are cut back, the oil price environment should be leveraged to encourage integration efforts in the region that would improve conditions for investment, even in a price-constrained environment. Countries that are net importers of energy should take advantage of this time to invest in renewable energy, since budgets might allow for this type of spending at the moment.

The perception Korea once held of Latin America—of lazy workers and inefficient governments—has drastically changed today.

This week’s likely top stories: Peru’s allegations against Chile threaten relations; Panama to address conflict over Barro Blanco; Guatemala and Honduras to eliminate customs duties; São Paulo grapples with drought; Caracas Mayor to appeal conspiracy charges.

Emilio Lozoya, the CEO of Petróleos Mexicanos (Mexican Petroleums—Pemex), announced Wednesday that some of the company’s deep water exploration projects would be put on hold due to the declining prices of crude oil.

One person died and dozens more were injured after a protest against the Argentine energy company Pluspetrol turned violent late Tuesday night.

“Barbarie” es la palabra que se repite en los artículos publicados sobre Venezuela en lo que va del año. Sin estar en una situación de conflicto bélico, el país de más de 2 mil kilómetros de costa Caribe, reservas energéticas y 30 millones de hectáreas cultivables funciona bajo una lógica barbárica donde el más fuerte gana un kilo de pollo, y el más armado vive, por lo menos hasta mañana.

The Inter-American Development Bank (IDB) approved $100 million dollars for Costa Rica to modernize its border-crossing infrastructure, the Ministry of Finance announced on Tuesday.

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