<?xml version="1.0" encoding="iso-8859-1" ?><rss version="2.0"><channel><title>Prensa Latina: Economy </title><copyright>Copyright (c) 2004 Prensa Latina s.a. All rights reserved.</copyright><link>http://www.plenglish.com</link><description>Economy</description><language>EN</language><webmaster>inter@prensa-latina.cu</webmaster><lastbuilddate>Wed, 20 Aug 2008 18:48:55 GMT</lastbuilddate><ttl>1</ttl><image><title>Prensa Latina News</title><link>http://www.plenglish.com</link><url>http://www.plenglish.com/images/rsslogo.gif</url></image><item><title>All Quiet on Venezuela Cement Front</title><link>article.asp?ID={55E97989-F0F0-40C3-9DEA-52E7C55092BA}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={55E97989-F0F0-40C3-9DEA-52E7C55092BA}&amp;language=EN</guid><pubdate>8/20/2008 12:10:52 PM</pubdate><description>Caracas, Aug 20 (Prensa Latina) Venezuelan authorities reported total normality in the cement industry Wednesday, one day after the government took control of the sector as part of a national development program.</description></item><item><title>Bolivia Hosts Energy Congress</title><link>article.asp?ID={08D6961F-B948-4410-BC09-055C1420EB3A}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={08D6961F-B948-4410-BC09-055C1420EB3A}&amp;language=EN</guid><pubdate>8/20/2008 10:54:42 AM</pubdate><description>Santa Cruz, Bolivia, Aug 20 (Prensa Latina) The First International Congress on Gas and Energy opened Wednesday in the eastern Bolivian city of Santa Cruz.</description></item><item><title>Venezuela Running Cement Industry</title><link>article.asp?ID={3FE18637-72BF-4CDC-92E3-4A4BAC9C9BA7}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={3FE18637-72BF-4CDC-92E3-4A4BAC9C9BA7}&amp;language=EN</guid><pubdate>8/19/2008 7:00:46 PM</pubdate><description>Caracas, Aug 19 (Prensa Latina) The government of Venezuela seized control of the national cement industry amid joy in the population, and hopes to overcome the housing deficit. </description></item><item><title>Paraguay Indigenous Exempt from Bus Fares</title><link>article.asp?ID={07700FD7-FF79-418F-8D69-74D5C1A45CBB}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={07700FD7-FF79-418F-8D69-74D5C1A45CBB}&amp;language=EN</guid><pubdate>8/19/2008 5:16:15 PM</pubdate><description>Asuncion, Aug 19 (Prensa Latina) Uruguayan President Fernando Lugo appreciated the gesture of over a dozen transportation businesspeople, who decided to exempt indigenous people from paying bus fares.</description></item><item><title>Cuba: Discipline Curbs Storm Damage</title><link>article.asp?ID={59775E57-298A-4BCF-A601-FE3CFCE30589}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={59775E57-298A-4BCF-A601-FE3CFCE30589}&amp;language=EN</guid><pubdate>8/19/2008 3:34:05 PM</pubdate><description>Havana, Aug 19 (Prensa Latina) Early forecast of weather phenomena, supported by the Civil Defense directions and people's discipline to fulfill them reduced damages caused by tropical storm Fay.   </description></item><item><title>Oil Prices Fall as Storm Fades</title><link>article.asp?ID={D9542278-E52B-403E-9E77-2FDD6A32BFAC}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={D9542278-E52B-403E-9E77-2FDD6A32BFAC}&amp;language=EN</guid><pubdate>8/19/2008 12:27:51 PM</pubdate><description>London, Aug 19 (Prensa Latina) As concern over tropical storm Fay faded, oil prices fell to around $112 on Tuesday.</description></item><item><title>Venezuelan Govt Condones Farming Debt</title><link>article.asp?ID={EB5C08F3-E89F-4C67-8755-92450FCF3398}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={EB5C08F3-E89F-4C67-8755-92450FCF3398}&amp;language=EN</guid><pubdate>8/19/2008 8:30:15 AM</pubdate><description>Caracas, Aug 18 (Prensa Latina) Venezuela started a plan to condone an $115 million debt of 18,000 rice, corn, coffee and potato producers unable to honor their debt due to adverse climate. </description></item><item><title>Fay Leaves Rain in Cuba, Nears Key West</title><link>article.asp?ID={F5D1FBF6-251B-4379-9DFC-531309864A2A}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={F5D1FBF6-251B-4379-9DFC-531309864A2A}&amp;language=EN</guid><pubdate>8/18/2008 11:12:32 PM</pubdate><description>Havana, Aug 18 (Prensa Latina) Tropical storm Fay is farther away from Cuba, but left behind rains associated to this meteor still falling over the central provinces, said Cuban Weather Forecast center at midday Monday.<li><a href="article.asp?ID={DE462C32-7813-49FE-9696-4D07725FC955})&amp;language=EN">Fay Exits Cuba, Now in Florida Strait</a></li></description></item><item><title>Chavez for Farming Development</title><link>article.asp?ID={7EE1A586-2069-48F9-A3B5-29D13EB565C3}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={7EE1A586-2069-48F9-A3B5-29D13EB565C3}&amp;language=EN</guid><pubdate>8/18/2008 5:37:16 PM</pubdate><description>Caracas, Aug 18 (Prensa Latina) Venezuelan President Hugo Chavez said on Monday the fight against large estates has to continue so as to increase agricultural production in the country and drop food imports levels.</description></item><item><title>Poverty Increasing in Mexico</title><link>article.asp?ID={C20E73E2-24C6-44D6-9BB5-0D978818BA16}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={C20E73E2-24C6-44D6-9BB5-0D978818BA16}&amp;language=EN</guid><pubdate>8/18/2008 5:11:53 PM</pubdate><description>Mexico, Aug 18 (Prensa Latina) High cost of living has pushed eight million Mexicans into poverty in the last two years, according to CNC (National Farmers Confederation) leader Cruz Lopez Aguilar. </description></item><item><title>Uruguay, Venezuela Hold Talks</title><link>article.asp?ID={BDCC6D39-4201-44BA-BFD2-D96EDED49027}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={BDCC6D39-4201-44BA-BFD2-D96EDED49027}&amp;language=EN</guid><pubdate>8/17/2008 10:04:26 PM</pubdate><description>Montevideo, Aug 17 (Prensa Latina) High level delegations from Venezuela and Uruguay are expected to review bilateral relations Sunday and explore new cooperation fields.</description></item><item><title>NAFTA Affects Mexico's Food Sovereignty</title><link>article.asp?ID={8ADA57C6-3E65-4ED6-84F1-F163390C83A6}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={8ADA57C6-3E65-4ED6-84F1-F163390C83A6}&amp;language=EN</guid><pubdate>8/16/2008 11:54:14 AM</pubdate><description>Mexico, Aug 16 (Prensa Latina) The North American Free Trade Agreement (NAFTA) has resulted in Mexico losing its food sovereignty and increased poverty, experts warned in this capital.</description></item><item><title>Venezuela Guarantees Food Security</title><link>article.asp?ID={60B1EA00-8BC3-4A6A-9783-5D81433956D1}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={60B1EA00-8BC3-4A6A-9783-5D81433956D1}&amp;language=EN</guid><pubdate>8/16/2008 10:44:52 AM</pubdate><description>Caracas, Aug 16 (Prensa Latina) Venezuela has taken new actions to guarantee food sovereignty and security amid the world crisis that is threatening to kill millions of people of hunger.</description></item><item><title>Venezuela: Oil Prospecting Heads West</title><link>article.asp?ID={D4F9DED8-F6CE-4397-817F-5D6E975DD6B6}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={D4F9DED8-F6CE-4397-817F-5D6E975DD6B6}&amp;language=EN</guid><pubdate>8/15/2008 10:54:53 PM</pubdate><description>Caracas, Aug 15 (Prensa Latina) Venezuela says it will start prospecting late in September in west Venezuela, including Tachira that pioneered national oil era over 100 years ago.</description></item><item><title>World Postal Union Council Votes Cuba</title><link>article.asp?ID={BA690B48-2001-4FD2-B20C-024200941B23}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={BA690B48-2001-4FD2-B20C-024200941B23}&amp;language=EN</guid><pubdate>8/15/2008 7:18:46 PM</pubdate><description>Havana, Aug 15 (Prensa Latina) Cuba was reelected to the Postal Administration and Exploitation Council of the Universal Postal Union (UPU) in recognition of its prestige in different international cooperation entities.</description></item><item><title>High Cost of Living Reorients Mexicans</title><link>article.asp?ID={236E632A-1B88-49AC-8819-6DA13C6CC328}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={236E632A-1B88-49AC-8819-6DA13C6CC328}&amp;language=EN</guid><pubdate>8/15/2008 5:07:11 PM</pubdate><description>Mexico, Aug 15 (Prensa Latina) The upward trend in food prices in recent months has reoriented Mexicans' consumption and reduced retail sales as a consequence.</description></item><item><title>OPEC Nixes Blockade to Member States</title><link>article.asp?ID={741B74D8-2E6A-491E-8562-E90F596D1322}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={741B74D8-2E6A-491E-8562-E90F596D1322}&amp;language=EN</guid><pubdate>8/15/2008 3:56:29 PM</pubdate><description>Tehran, Aug 15 (Prensa Latina) The Organization of Petroleum Exporting Countries (OPEC) rejected US threats of blockading any member state to force Iran to stop its program of nuclear technology for peaceful ends.</description></item><item><title>US Excess Credit, Error of Historic Proportions</title><link>article.asp?ID={754168A6-91DC-4C42-BC0D-4F360EF130C9}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={754168A6-91DC-4C42-BC0D-4F360EF130C9}&amp;language=EN</guid><pubdate>8/15/2008 3:39:10 PM</pubdate><description>London, Aug 15 (Prensa Latina) US excess credit creation in the last decade, has been a policy failure of historic proportions, according to Byron W. King quoted by online news service Money Morning. </description></item><item><title>Venezuela to Invest in Electric Sector</title><link>article.asp?ID={F38BE868-4CF7-4711-BCF4-0D1AFCAF0FC1}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={F38BE868-4CF7-4711-BCF4-0D1AFCAF0FC1}&amp;language=EN</guid><pubdate>8/15/2008 2:23:49 PM</pubdate><description>Caracas, Aug 15 (Prensa Latina) Venezuela will invest $13 billion in six years in the national electric sector, to build new conduction systems, power generating and hydroelectric stations, the National Electric Corporation announced on Friday.</description></item><item><title>OPEC Predicts Lower Oil Demand</title><link>article.asp?ID={E08A7173-F0A8-4976-B174-21D60665E7E5}&amp;language=EN</link><guid ispermalink="true">article.asp?ID={E08A7173-F0A8-4976-B174-21D60665E7E5}&amp;language=EN</guid><pubdate>8/15/2008 2:17:09 PM</pubdate><description>Vienna, Aug 15 (Prensa Latina) The Organization of Petroleum Exporting Countries (OPEC) reported today that world oil demand growth is estimated at 1.17 percent in 2008, instead of 1.20 previously expected.</description></item></channel></rss>