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FridayMarch 4, 2011

Latino Daily News: Bringing You the Latest Hispanic Current Events and News Stories 24/7

To reflect the dynamic interests of our audience, Latino Daily News is an online daily news source and virtual cultural center for and about Latinos. We offer the latest news headlines, as well as innovative and insightful Hispanic current events stories, photos, videos, and commentaries from a Latino perspective, 24/7.

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BLOG NARCO: One of CNN’s “Most Intriguing People of 2010” Leaves Mexico in Fear

BLOG NARCO: One of CNN’s “Most Intriguing People of 2010” Leaves Mexico in Fear

Photo: Marisol Garcia Valles

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Last November 2010, the case of Marisol García Valles gained a lot of attention around the world. Marisol garnered a top stop on the CNN Most Intriguing list because many American’s couldn’t figure out why a twenty year old criminology student, wife and mother would sign up for one of the most dangerous jobs in Mexico – police chief.  Garcia became the police chief of Praxedia-Guerrero, taking the job after no one wanted it in the town of 9,100.

Others called her the ” the bravest woman in Mexico, “when Marisol said in interviews that she had the support of her family, and was not going to leave office by any such threats, she was not afraid.

Paraxedis is located in the Valle de Juárez, and has been hit by a wave of violence. Many families have chosen to leave their homes for the safety of themselves and family.

Recently, Marisol Garcia Valles has received death threats from members of an organized criminal group, threatening that her family was also in danger.

This has caused the officer to leave her post last March 1, without submitting a resignation letter, or any notice of her reasons for her leaving. Sources say Maria is located in Texas and now asking for political asylum in the United States.

Read in Spanish Here

Read more by HS News Staff →

Lady Gaga and 10 Year Old Maria Aragon Sing “Born This Way” Together on Stage (VIDEO)

Lady Gaga and 10 Year Old Maria Aragon Sing “Born This Way” Together on Stage (VIDEO)

Photo: Lady Gaga and María Aragón Sung "Born This Way"

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Lady Gaga kept her promise, and brought 10 year-old María Aragón onstage, where the pair sang a duet acoustic version of “Born This Way”

 

Read more by HS News Staff →

U.S. Government to Help Countries Cope with Rising Food Prices

In response to the spike in global food prices in 2007-2008, President Obama pledged $3.5 billion to help poor countries fight hunger by investing in agricultural development. The U.S. Government’s Feed the Future Initiative utilizes innovation, research, and development to improve agricultural productivity, link farmers to local and regional markets, enhance nutrition, and build safety nets. These investments will increase the supply of food where it is needed and help vulnerable people withstand price shocks better.

  * The United States will continue to provide food aid during times of crisis, but a lasting solution to hunger requires a long-term commitment to agricultural growth.

  * Agricultural growth fosters economic growth, reduces poverty, improves health, and is necessary to meet the needs of a growing world population in the face of climate change and other environmental challenges.

  * The U.S. Government’s Feed the Future Initiative addresses the root causes of hunger that limit the potential of millions of people, using a combination of bilateral programs and multilateral mechanisms.

  * Feed the Future promotes growth in the agriculture sector, facilitates local and regional trade, and invests in game-changing innovations and technologies to support productivity increases, so that countries are better able to combat hunger, feed their people, and contribute to stable global food supplies.

  * An important component of Feed the Future is the Global Agriculture and Food Security Program (GAFSP). This multilateral trust fund has mobilized commitments nearing $1 billion from seven development partners to finance food security strategies in the world’s poorest countries. In 2010, GAFSP awarded $337 million in grants to eight countries, financing projects that enhance rural infrastructure, access to improved seeds and fertilizer, and better water management.

  * Recently, USAID announced support for the World Economic Forum’s new agricultural framework - “Realizing a New Vision for Agriculture” - that also has the support of 17 global firms. It seeks to encourage private sector investments that boost agricultural growth, as well as enhance global food and nutrition initiatives.

  * The United States works through multilateral and bi-lateral fora with stakeholders from civil society, the private sector, and governments to strengthen and support country-led initiatives.

Read more by HS News Staff →

Police Dog Steals Soccer Ball During Brazilian Match ( VIDEO)

Police Dog Steals Soccer Ball During Brazilian Match ( VIDEO)

Photo: Dog in Brazilian Match

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During a Campeonato Mineiro match between Ituiutaba and Uberlandia last week, a police dog who was only present to keep the peace decided that he wanted the ball. As an Uberlandia player was about to attempt a cross by the touchline, a police dog called Agil ran out and took the ball of him. After gnawing on the ball a bit, his human cop colleague slowly put him back on his leash while the crowd cheered Agil’s effort to win the ball.


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Police Believe California Teen Lied About Being Kidnapped by “Two Latinos with Gang Tattoos”

Police are looking to bring charges against a young girl who told her mother and police that two Latino men kidnapped, tied up, and held a knife to her throat. Why the charges? It is believed that she made the whole thing up to avoid getting in trouble.

The police department believe that a 17-year-old Costa Mesa, California girl, trying to avoid getting in trouble with her mother for being somewhere she shouldn’t have been, falsified a police report.

The girl claimed that while she was hanging out at a park alone one night, she was grabbed by two Latino men with gang tattoos. She went into great detail to great detail, stating that they dragged her by her hair to nearby picnic tables, where they bound her with her own shoe laces and held a knife to her throat. She alleged that she was able to get free when a man walked by and scared the assailants away.

However, detectives said her story was full of holes, was inconsistent, and that there was no physical evidence to support her claims. It was concluded that she lied to her mother and police because she was out late where she should not have been, and didn’t want her mother to find out.

Detectives are now petitioning the juvenile court system to file charge against her for falsifying a police report.

“It causes fear to the community thinking there’s two perpetrators out there,” said Lt. Bryan Glass. “There’s resources that go toward investigating the incident and responding.”

Read more at Daily Pilot →

Calderon and Obama Announce Solution to Cross-Border Trucking Dispute

Calderon and Obama Announce Solution to Cross-Border Trucking Dispute

Photo: President Obama and Mexico President Calderón

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President Obama and President Calderón today announced that Mexico and the United States have found a clear path to resolving the cross-border long-haul trucking dispute.  This path will allow for the establishment of a reciprocal, phased-in program built on the highest safety standards that will authorize both Mexican and United States long-haul carriers to engage in cross-border operations under NAFTA.  Once a final agreement is reached, Mexico will suspend its retaliatory tariffs in stages beginning with reducing tariffs by 50 percent at the signing of an agreement and will suspend the remaining 50 percent when the first Mexican carrier is granted operating authority under the program.  Mexico will terminate all current tariffs once the program is normalized.  The agreed schedule will not affect the rights and obligations of Mexico or the United States under the NAFTA, including Mexico’s right to apply its retaliatory measures. 

This agreement will deliver a program that is safe, secure, efficient, and advances the economic interests of both the United States and Mexico.  It also will feature a number of program improvements that are important to both United States and Mexican interests.  U.S. and Mexican negotiators are continuing to work through the remaining issues and expect to have a draft final agreement in place very soon.  As soon as all of the details are in place, the United States Department of Transportation and USTR will confer with interested members of Congress and publicly share the proposed agreement and seek comment.

Read more at White House →

Investigation into Beverly Hills School Reveals 63 “Illegal Students”

A Beverly Hills residency investigation has revealed that a number students were attending the school illegally.

A private investigator reported that as of January 31st, 63 students were attending schools in the Beverly Hills Unified School District stating that they lived in the city when they actually did not.

A similar search for such students done in the 2009/2010 school year turned up 39 students, and the 2008/2009 investigation revealed 37.

It is not that uncommon for parents to lie about their children’s residency if they lie to get them into better schools, and it is unclear whether any of the “illegal students” were also undocumented immigrants.

The increase in the number of “illegal students” is a result of a full-time investigator being hired by the district after making the residency issue a priority, says the Superintendent of Business Services Alex Cherniss.

We employ a full-time investigator and he has our full support in investigating these cases,” said Cherniss. “We’re following up on leads and doing everything in our power, with the reduced amount of district staff, to make this a priority.”


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Controversies in Argentina and Mexico Surrounding Mario Vargas Llosa

Controversies in Argentina and Mexico Surrounding Mario Vargas Llosa

Photo: Mario Vargas Llosa, Stirring Controversies in Argentina and México

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The Literature Nobel prize winner was selected to inaugurate the annual “Book Fair” in Argentina, a choice that didn’t sit well with many Kirshner-followers.

Several supporters of “Kishnerism” are upset that Vargas Llosa was the official selection, given his sharp criticism of Cristina Fernández, and other populist leaders of Latin América.

Horacio González, the director of Argentina’s National Library, wrote an open letter calling on organizers to disinvite the Peruvian Nobel, a document that he has since retracted, compelled by calls and letters from president Cristina Fernández herself, urging organizers to respect the freedom of speech.

The invitation to inaugurate the book fair still stands, even though dozens of intellectuals close to Fernández,, as well as several Kirshnerist groups have expressed their dismay over inviting a liberal writer, who has criticized the current government as well as its predecessor’s so often and outspokenly, to be the spokesperson for such an event.

Vargas Llosa, has said that he will attend the book fair, just as long as the invitation is not withdrawn.

He also denied emphatically that he penned comments posted in a profile with his name on the social network Facebook. “I do not know Facebook, I don’t practice it, and I never will; I have never answered to anybody via-Facebook, and anything attributed to me in such social network, is fake, the work of impostors,” the Nobel said.

Vargas Llosa said he has a special place in his heart for Argentina, and that his criticisms, are due to his desire of seeing Argentina become “the great nation it once was.”

“I think is a shame that somebody wants to veto me, because the only time that vetoes have happened to me was during the military dictatorship, was when a General named Harguinday prohibited my books,” Vargas Llosa said from Mexico.

The Mexican Controversy

Mario Vargas Llosa is currently in México, where he will be awarded with the “Order of the Aztec Eagle” the highest decoration that the nation offers to foreigners.

In a press conference previous to his award ceremony, the Nobel was quoted as saying that “legalization is the only way to put an end to the crime associated with drug-trafficking.”

Vargas Llosa said that the current war against drugs is “brave” and “heroic,” but that it comes to a great cost for the Mexican people.

“It is evident to me that through mere repression, drug trafficking is never going to end,” he said to the press.

The writer said he shared the idea of former Brazilian president Fernando Henrique Cardoso to open negotiations between producer-nations and consumer-nations, aimed at relocating the funds currently used in oppressive strategies that are evidently not working whatsoever, toward policies of prevention and rehabilitation.

Along with Cardoso, former presidents Vicente Fox and Ernesto Zedillo from México and César Gaviria, from Colombia, have manifested their inclination towards de-criminalization (of Marihuana, specifically) as a smarter way of tackling the issue, and breaking the economic power of criminal organizations.

“I think that the current [violent] situation in México,” Said Vargas Llosa “is in a way an indicator, an announcement of the times to come for other Latin American countries where “narcos” are already causing disasters of all kinds, including political,” The Nobel predicted. 

Read more by HS News Staff →

Watch Jlo’s New Video “On The Floor” (VIDEO)

Watch Jlo’s New Video “On The Floor” (VIDEO)

Photo: New Jennifer López Video ON THE FLOOR

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Directed by TAJ Stansberry and choreographed by Frank Getson “On The Floor features Cuban American Rapper “Pitbull.”

What do you think about Jlo’s new Video? Let us Know in our comment section.

Read more by HS News Staff →

Gaddafi’s Assets in Spain Frozen

As the brutal attacks on his own people continue, Gaddafi’s assets in Spain have been frozen by the country’s government.

The freezing of assets in Spain is part of the application of a European Union regulation, and is but one of the actions being taken against the leader’s regime. The EU is working from an itemized list created by the United Nations of individual names and companies associated with Gaddafi.

Spanish diplomatic personnel are also being evacuated out of Libya, and a statement was released saying the embassy would be run by local people remaining at their posts to continue administrative duties. But the withdrawal however, is not an indication that diplomatic relations have been severed.

Gaddafi has 6,000 hectares (about 14,826 acres) of land in Benahavis on the Costa del Sol, and it is a part of the assets frozen in the country. The land was planned to be the site of almost 2,000 homes, as well as a golf course and congress hall.

Currently, the Spanish Ministry for Tax and the Economy is preparing to investigate where any bank account in Spain are linked to members of Gaddafi’s regime.

Read more at Typically Spanish →

American Idol Says, “Adios” to Many of This Season’s Latino Singers

American Idol Says, “Adios” to Many of This Season’s Latino Singers

Photo: Idol's top 13

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One by one, the Latinos on Season 10 of Fox’s American Idol have been dropping off, and last night’s eliminations chopped the list down even more.

First generation Cuban-American Jovany Barreto was eliminated last night, following Chris Medina, Tiffany Rios, Julie Zarrilla, and others out the door.

Now, our Latin Idol hopes lie with powerful jazz singer Karen Rodriguez, who is now part of the top 13. The singer caused a little stir this week as she sang almost half of her rendition of Mariah Carey’s “Hero” in Spanish. Her bilingual performance ended with a beautiful final note, and she brought members of the audience to tears. She ended it with a heartfelt, “I love you mom.”

Judge Steven Tyler called her a “one of a kind singer,” adding, “I loved it, I think you’re fantastic.”

Can she win it all? Well, nothing is ever certain on this show, but she has the chops to go all the way. So if you want to see her through, you have to vote!

Watch her performance below.

Read more by HS News Staff →

Mexican Army Charges 13 Troops with Drug Possession

Mexican Army Charges 13 Troops with Drug Possession

Photo: Mexican Army

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The Mexican Army has ordered three junior officers and 10 soldiers to stand trial on drug trafficking and organized crime charges.

The 13 Mexican troops were caught with 66 pounds (30 kilograms) of cocaine and more than a ton of methamphetamines.

The officers were caught at a military checkpoint south of Tijuana, across the border from San Diego.

Corruption among Mexican police has been widespread and well documented in Mexico. This arrest raises concerns about the thousands of soldiers assigned to fight drug traffickers across Mexico.

Read more at Yahoo News →

’96 National Book Award Winner Victor Martinez Dies at 56

’96 National Book Award Winner Victor Martinez Dies at 56

Photo: Victor Martinez, author of "Parrot in the Oven: Mi Vida" dies at age 56

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“Parrot in the Oven: Mi Vida” Martinez’s novel about a 14-year-old Mexican American boy growing up in California’s Central Valley, earned him the 1996 National Book Award for young people’s literature.

Martinez died on February 18,th just a few days before his 57th birthday at the apartment he shared with his wife, Tina Alvarez, in the city of San Francisco, after a struggle with lung cancer.

Physicians have linked the juvenile papilloma virus to the deadly lung cancer, as well as growing up around pesticides, said Martinez’s sister, Martha Manzano.

He was “humble, brilliant, gentle,” said Juan Felipe Herrera, a friend who is a creative-writing professor at UC Riverside, “and a man who delighted in life in all its prisms.”
 
Martinez was born in Fresno, California on 1954; attended Fresno High School and later Fresno State and Stanford University. The jobs he held as field laborer, welder, truck driver, firefighter, teacher and office clerk influenced his poems, short stories, and essays.

“I didn’t do well in school. I sat in the back of the class and didn’t say anything,” Martinez said during a 1998 visit to Fresno to speak to runaway and homeless children. “Most of my teachers thought I was just waiting to drop out, but my mother kept me in school. That was important because just sticking it out, just being there, gave me opportunities.”

Read more by HS News Staff →

President Pinera of Chile Meets with Pope Affirming Right to Life

Pope Benedict XVI met yesterday at the Vatican with Chile’s President Sebastian Pinera, for a 30-minute discussion that covered the general state of affairs in Latin America and specifically on Chilean policies.

In an article that appeared in L’Osservatore Romano at the time of the meeting, the Chilean leader called attention to his country’s pro-life stand, saying “that our democracy protects human rights, especially the right to life from conception to natural death.”

Chile has the lowest maternal mortality rate in Latin America and was honored for it last month with the International Protect Life Award.  Catholics feels this award shows that abortion does not reduce a mother’s death since abortion is illegal in Chile. 

The Pope released a statement that regarding the visit:

“During the cordial discussions attention focused on questions of mutual interest, such as the protection of human life and the family, aid for integral development, the fight against poverty, respect for human rights, social justice and peace. In this context, the positive role played by Catholic institutions in Chilean society was reiterated, especially in human promotion and education.”

 

 

Read more at Vatican Information Service →

Gatorade Bottling Facility Opens in Dominican Republic to Serve Caribbean Region

President Leonel Fernandez attended the inauguration of a $20 million Gatorade modern bottling factory this week. The plant, which has a capacity for filling 500,000 bottles a day will supply the Dominican Republic (DR), Puerto Rico and other Caribbean markets.

The plant is the result of a strategic alliance between PepsiCo and Distribuidora Corripio, which is a local bottling giant in DR.

Manuel Corripio, a principal at Distribuidora Corripio, spoke at the event, saying the investment follows the country’s economic growth, which he attributed to the current administration that he said has driven the DR to be “one of the most peaceful nations in Latin America and the Caribbean.”

Corripio stressed that the free trade agreements with the DR and the Caribbean open the doors for the products to be exported to the rest of the region.

Read more at Dominica Today →

6 Killed in Colombia Helicopter Heist for Cash (VIDEO)

6 Killed in Colombia Helicopter Heist  for Cash (VIDEO)

Photo: Assault on Cash Helicopter Leaves Six people dead in Colombia

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Six people were killed in Colombia after hostile armed forces attacked a helicopter carrying money to a local bank.

Four police officers and two civilians were killed in the fire exchange between criminals attempting to get to the cash bags at a precarious helicopter-landing site in the city of Caloto, in the South Western Cauca region, and the policemen who were unloading it.

General Oscar Naranjo, the head of the Colombian police, condemned the attack and offered his condolences to the families of the victims of such a cowardly attack, which he blamed to the left-wing guerrilla terrorists of the FARC.

“We’re still talking to our sources, but we assume it was carried out by Farc terrorists,” he said.

The bandits arrived just as the helicopter Bell 206 from the private company “Delta Helicopters” had left the town’s soccer field, used as a landing-site.  Following the gunfire exchange, the criminals were able to take off with little over $130,000.

Guillermo González, governor of Cauca asked on Wednesday for military reinforcements to the region, since this is not the first time that his police force is shot at by FARC; additionally, González hopes extra military support, will improve police intelligence in the area, “[the perpetrators] had to have been tipped, they knew the routine, this wasn’t planned overnight,”  he said.

 

 

Read more by HS News Staff →

Good News for Immigrant-Owned Businesses in NYC with Mayor Bloomberg’s Recent Announcement

Mayor Michael R. Bloomberg today announced three new steps to make it easier for immigrant-owned businesses to start and grow in New York City: a business plan competition for innovative strategies to provide assistance to immigrant entrepreneurs; new, free NYC Business Solution courses in Chinese, Korean, Spanish, and Russian; and a business expo to showcase locally-based immigrant food manufacturing businesses and link them to consumers nationwide.

The initiatives are a result of a yearlong series of roundtables with community groups and are part of the City’s agenda to support immigrant communities and empower them to grow and create jobs. Mayor Bloomberg announced the initiatives at a Center for Migration Studies and Levin Institute conference on U.S. immigration reform at the Levin Institute in Manhattan.

“The Bloomberg Administration is focused on promoting entrepreneurship and supporting New York City-based ventures, many of which come out of the City’s immigrant communities,” said Deputy Mayor for Economic Development Robert K. Steel. “Nearly half of all self-employed workers in New York City are foreign-born, and we’re committed to nurturing their entrepreneurial spirit and helping them make their businesses successful.”

New York City’s immigrant population has more than doubled since 1970 – from roughly 1.4 million to 3 million – and immigrants now represent nearly 40 percent of the City’s population and 43 percent of the City’s labor force.

The immigrant entrepreneur support competition, a joint-effort of the New York City Economic Development Corporation and the Deutsche Bank Americas Foundation, will challenge entrants to propose innovative, scalable ideas to assist immigrant entrepreneurs.

Read more at New York City Government →

PBS NewsHour Honors Inter’l Women’s Health Day with Compelling Show on Women of Guatemala

PBS NewsHour marks International Women’s Health Day (March 8) with a two-part series from Guatemala focusing on two major struggles women face in that country. PBS NewsHour Senior Correspondent Ray Suarez examines a culture of violence against women now fueled by drug trafficking and the struggles to teach women about birth control.

The reports air Monday, March 7 and Tuesday, March 8, 2010 (check local listings).

Monday March 7    
Ray Suarez reports on how Guatemalan communities are trying to combat record levels of violence against women as drug traffickers amplify the dangers. Hear from families who share their tragic stories about losing a daughter or loved one due to what Ray describes as a “culture of impunity.” Viewers are also taken inside educational sessions, run by organizations like The Population Council, that aim to empower young girls from Guatemala’s marginalized indigenous population.

Tuesday March 8   
High infant and maternal mortality rates plague the country of Guatemala. Women start having children in their teens and often continue into their forties. Health experts speak to Ray Suarez about the cultural and logistical obstacles tied to the use of birth control as a means of family planning. Some of the most prominent impediments to using birth control are cultural. Both the Catholic and Protestant Evangelical Churches discourage the practice and birth control also goes against other deeply engrained customs and beliefs of the Guatemalan people.

PBS NEWSHOUR is seen five nights a week on more than 315 PBS stations across the country and is also available online, via public radio in select markets and via podcast.

Read more by HS News Staff →

Utah Bill Proposes State, Federal and Mexico Involvement

Utah Bill Proposes State, Federal and Mexico Involvement

Photo: Rep. Stephen Sandstrom

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The bill, HB466, is sponsored by immigration foes Rep. Stephen Sandstrom and co-sponsored by Sen. Curt Bramble and would allow businesses in Utah who need labor to directly solicit it through Nuevo Leon. The approach would work within federal guidelines where legal visas are distributed by the federal government with the state acting essentially as middleman.

Attorney General Mark Shurtleff agreed that the bill does not address the issue of the 110,000 undocumented immigrants currently living in Utah, it does address a legal method for employers to hire employees when they can’t meet the need with US citizens.

The bill would establish a 25-member panel to oversee the process, including representatives from the governor’s office as well as state-level elected officials and members of the public.

There is another immigration bill being considered in Utah to address the undocumented immigrants already in the state. Sen. Luz Robles, who is also pitching SB60 as a pilot program that seeks to allow those in the state to be accounted for and documented so they can work legally, said this bill was “a state solution that is a reality.” Robles’ bill is awaiting a chance to be heard on the Senate floor. It has been criticized for being unconstitutional — though she said she thinks the federal government would grant a waiver to run it as a pilot program.

The Bramble-Sandstrom offering, however, operates within the confines of current federal law and requires it to issue H2 visas — something the state cannot do now.

Read more at Salt Lake Tribune →

Email Immigration Scam: Avoid Green Card Lottery Fraud

Have you or someone you know recently received an e-mail claiming you’ve won the Green Card lottery and asking you to send or wire money?

Don’t fall for it – the sender is trying to steal your money!

Fraudsters will frequently e-mail potential victims posing as State Department or other government officials with requests to wire or transfer money online as part of a “processing fee.” You should never transfer money to anyone who e-mails you claiming that you have won the Diversity Visa (DV) lottery or been selected for a Green Card.

These e-mails are designed to steal money from unsuspecting victims. The senders often use phony e-mail addresses and logos designed to make them look more like official government correspondence. One easy way to tell they are a fraud is that the e-mail address does not end with a “.gov”. 

Read more at USCIS →

Central America & Dominican Republic Secure $2 Billion in Financing for Infrastructure Improvements

Central America and the Dominican Republic is expected to obtain financing for $2 billion in 2011 from the Inter-American Development Bank (IDB) for priority areas such as citizen security, infrastructure, social protection networks, natural disasters and climate change, and public finances, the President of the IDB Luis Alberto Moreno announced today.

The President of Honduras Porfirio Lobo and Moreno inaugurated the 25th Meeting of Governors of the Central American isthmus and Dominican Republic. Ministers of finance and central bank presidents of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Dominican Republic and Panama attended the meeting.

“As a region we need to advance in the integration processes, developing new mechanisms that will allow us to make our integration ideals a reality,” Lobo said. “It is of vital importance to bring down crime and violence in an integrated and regional way, allowing us to attract long term investments to the region.”

The main items in the Governors’ meeting agenda are regional integration in issues such as citizen security, climate change and natural disasters, as well as strengthening public finance and containing inflationary pressures.

“The challenge [of insecurity] must be dealt with from a regional perspective, that allows us to optimize the available resources, focus our efforts and obtain the maximum impact at a local level,” Moreno said.

“This year we will maintain our level of response and commitment with the region,” he said. The $2 billion is to help the region cope with priorities in infrastructure – mainly roads and energy—, social protection networks – with an emphasis on health, education and housing services—, natural disasters and climate change, public finances and citizen security, Moreno said.

In 2010 the IDB approved 43 projects for the region, totaling $2.1 billion. Infrastructure, social development and fiscal reform programs were some of the areas that secured funding. This was a 30 percent increase over approvals involving sovereign guarantee operations in 2009.

Honduras received record IDB approvals and disbursements in 2010 for $343 million and $163 million, respectively.

Read more by HS News Staff →



FridayMarch 4, 2011