Tag Archives: Colombia

FARC Armbush: Juan Manuel Santos Vows Full-Bore Assault After Rebels Kill 19

By The Huffington Post News Editors

BOGOTA, Colombia — President Juan Manuel Santos promised decisive retaliation Sunday after Colombia’s main rebel band killed 19 soldiers in a single day in the biggest blow to the military since peace talks began in November.

Santos traveled to Arauca state on the Venezuelan border, where 15 members of an army battalion that guards oil facilities were killed in an ambush Saturday.

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Source: FULL ARTICLE at Huffington Post

Lima: Where the pallbearers are black

Elegant in tuxedos and white gloves, the six black pallbearers silently and gracefully remove the mahogany coffin bearing a Lima tire magnate from his mansion. They slide it into the Cadillac hearse that will parade Jorge Reyna’s body through the Chorrillos district where he was once mayor.

The pallbearers are in the job precisely because of the color of their skin, a phenomenon unique to this South American capital that was the regional seat of Spain’s colonial empire for more than three centuries. In fact, prominent citizens such as Reyna, a widely respected, charitable man of indigenous origin who died at age 82, request black pallbearers for their funerals.

“He planned his funeral and wanted it to be elegant,” said Reyna’s widow, Clarisa Velarde.

Blacks routinely bear the caskets of ex-presidents, mining magnates and bankers to their tombs in Lima. The peculiar tradition exists neither in provincial Peruvian cities nor in other Latin American countries with significant black populations such as Brazil, Panama and Colombia.

It is not a profession chosen by Lima’s blacks but is rather thrust upon them by a lack of opportunity, say Afro-Peruvian scholars. And racism remains so deeply ingrained in Peru that many don’t consider the practice discriminatory.

“Beyond the question of racism or prejudice, I think it is simply a question of employment,” said Jose Campos, a leading Peruvian black studies scholar and vice rector of the National Education University.

For 61-year-old Armando Arguedas, who like his fellow pallbearers never finished elementary school, it’s simply a job.

“Some people are friendly,” he said of those who employ him. “Some don’t even say thank you.”

Black pallbearers were even used for the recent funeral of the wife of former U.N. Secretary-General Javier Perez de Cuellar.

“We were never treated better,” said Arguedas. “The family members thanked us and paid us triple.”

Blacks are all but absent from Peru’s business and political elite and although slavery was abolished in 1854, only 2 percent of Peru’s blacks go to college. Afro-Peruvians are consigned largely to manual labor including as field hands in sugar cane plantations along the nation’s Pacific coast.

Census-takers don’t even register …read more

Source: FULL ARTICLE at Fox World News

6 Colombian nationals indicted for kidnapping and murder of DEA agent

Six Colombian nationals were indicted by a federal grand jury Thursday for the kidnapping and murder of a U.S. Drug Enforcement Administration agent. A seventh Colombian was charged with trying to destroy evidence in the case.

The indictment alleges that DEA agent Terry Watson was slain at the hands of an organized group of robbers who operated taxi cabs in Bogota, Colombia in order to lure victims whom they perceived as wealthy.

The defendants, who are all under arrest in Colombia, targeted Watson for what the defendants called a “millionaire’s ride,” says the indictment.

Watson was working for the U.S. Mission in Colombia when he entered a taxi cab on June 20 operated by one of the defendants and was then allegedly attacked by two other defendants — one who used a stun gun on Watson and another who stabbed Watson with a knife.

Watson was able to escape, but he soon collapsed and was brought to a hospital, where he died from multiple stab wounds.

The indictment was handed up in federal court in Alexandria, Va.

The defendants are Gerardo Figueroa Sepulveda, 38; Omar Fabian Valdes Gualtero, 27; Edgar Javier Bello Murillo, 26; Hector Leonardo Lopez, 23; Julio Estiven Gracia Ramierez, 30; and Andrés Alvaro Oviedo-Garcia, 21. Each was charged with two counts of second-degree murder, one count of kidnapping and one count of conspiracy to kidnap. Oviedo-Garcia was also charged with two counts of assault. In addition, the grand jury indicted Wilson Daniel Peralta-Bocachica, 30, also a Colombian national, for allegedly trying to destroy evidence associated with the murder.

A Justice Department official declined comment on the question of extraditing the seven to the U.S.

…read more

Source: FULL ARTICLE at Fox US News

SAPVoice: SAP Gives Coffee Farmers in Colombia a Boost of Global Energy

By Susan Galer, AdVoice

Most people might not automatically put SAP and coffee in the same sentence. In fact, SAP’s customers produce more than 82 percent of the coffee and tea that people the entire world drink each day. Now the company has partnered with the Federación de Cafeteros de Colombia on a project designed to improve the lives of coffee farmers in The Republic of Colombia, the fourth largest producer of coffee in the world. As a result, 5,000 coffee farmers will have mobile tablets in their hands, providing anywhere, anytime connectivity to information vital for better decision-making. …read more

Source: FULL ARTICLE at Forbes Latest

Cuba calls weapons on North Korean ship 'obsolete'

Cuba said military equipment found buried under sacks of sugar on a North Korean ship seized as it tried to cross the Panama Canal was obsolete weaponry from the mid-20th century that it had sent to be repaired.

Panamanian authorities said it might take a week to search the ship, since so far they have only examined one of its five container sections. They have requested help from United Nations inspectors, along with Colombia and Britain, said Javier Carballo, Panama’s top narcotics prosecutor. North Korea is barred by U.N. sanctions from importing sophisticated weapons or missiles.

Panamanian President Ricardo Martinelli said Tuesday that the ship identified as the 14,000-ton Chong Chon Gang, which had departed Cuba en route to North Korea, was carrying missiles and other arms “hidden in containers underneath the cargo of sugar.”

Martinelli tweeted a photo showing a green tube that appears to be a horizontal antenna for the SNR-75 “Fan Song” radar, which is used to guide missiles fired by the SA-2 air-defense system found in former Warsaw Pact and Soviet-allied nations, said Neil Ashdown, an analyst for IHS Jane’s Intelligence.

“It is possible that this could be being sent to North Korea to update its high-altitude air-defense capabilities,” Ashdown said. Jane’s also said the equipment could be headed to North Korea to be upgraded.

North Korea has not commented on the seizure, during which 35 North Koreans were arrested after resisting police efforts to intercept the ship in Panamanian waters last week, according to Martinelli. He said the captain had a heart attack and also tried to commit suicide.

But Cuba’s Foreign Ministry released a statement late Tuesday acknowledging that the military equipment belonged to the Caribbean nation, saying it had been shipped out to be repaired and returned to the island.

“The agreements subscribed by Cuba in this field are supported by the need to maintain our defensive capacity in order to preserve national sovereignty,” the statement read.

It said the vessel was bound for North Korea mostly loaded with sugar — 10,000 tons of it — but added that the cargo also included 240 metric tons of “obsolete defensive weapons”: two Volga and Pechora anti-aircraft missile systems, nine missiles “in parts and spares,” two Mig-21 Bis and 15 engines for those airplanes.

It …read more

Source: FULL ARTICLE at Fox World News

Suspected drug smuggler arrested in Venezuela

Venezuela‘s top security official says authorities have caught an alleged drug trafficker wanted in neighboring Colombia on drug smuggling, kidnapping and extortion charges.

Justice Minister Nestor Reverol says soldiers and officials from Venezuela‘s National Anti-Drug Office detained Rigoberto Castellon on Sunday in the western state of Falcon.

Colombian and U.S. officials say the majority of cocaine smuggling flights bound for Mexico and Central America pass through Venezuela.

Reverol has repeatedly said Venezuelan authorities are doing everything possible to stem the flow of cocaine through the country.

From: http://feeds.foxnews.com/~r/foxnews/world/~3/DCs5apzzxMU/

Fugitive featured on 'America's Most Wanted' nabbed in Colombia

A fugitive wanted in the 2006 shooting of a motorist along Interstate 81 in northeastern Pennsylvania has been captured in South America.

U.S. Marshal Martin J. Pane of Scranton says that John Caro was arrested Monday in Medellin, Colombia. Pane announced the arrest Thursday.

Police say Caro argued with a woman at a Luzerne County strip club in December 2006, then followed her after she left. Caro allegedly pulled alongside the woman’s car in Lackawanna County and shot at her from his vehicle. The victim was treated for gunshot wounds in the face and neck.

Caro was featured last year on “America’s Most Wanted.” The U.S. Marshals Service says the episode yielded numerous tips that helped find Caro.

Caro awaits extradition to the United States to face attempted homicide charges.

From: http://feeds.foxnews.com/~r/foxnews/national/~3/EeCu6EL9Hr0/

Colombian Special Ops Get 2 New UTC Choppers

By Rich Smith, The Motley Fool

Filed under:

It may sound incongruous, but the Colombian Army is beefing up its air force — and hiring Hartford, Conn.-based United Technologies to help.

On Wednesday, United Tech subsidiary announced that its Sikorsky Aircraft subsidiary has contracted to sell the Colombian Army two new S-70i Black Hawk helicopters, a militarized international version of the famed UH-60 Black Hawk. Colombia already owns and operates five such helos within the Special Forces unit of the Colombian Army‘s Air Assault Division.

Colombia has long been a fan of Sikorsky’s products. Its National Police, Air Force, and Army already operate 96 UH-60L variants which, when combined with the similar S-70is, means Colombia currently has the world’s fourth biggest fleet  of these helos — after South Korea, Turkey, and of course, the U.S. itself.

United Tech did not disclose financial terms of the sale, but cost may have been a factor in Colombia‘s decision to begin buying S-70is rather than more UH-60Ls. According to public databases, the S-70i variant can cost as little as one-third the price of the UH-60L, which tends to fetch $18 million new. Even with the several modifications Colombia is asking United Tech to include on its new birds, they’re probably getting them for a nice discount to the price of the country’s other helos.

The article Colombian Special Ops Get 2 New UTC Choppers originally appeared on Fool.com.

Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

Alarm over vanishing frogs in the Caribbean

A curtain of sound envelops the two researchers as they make their way along the side of a mountain in darkness, occasionally hacking their way with a machete to reach the mouth of a small cave.

Peeps, tweets and staccato whistles fill the air, a pulsing undercurrent in the tropical night. To the untrained ear, it’s just a mishmash of noise. To experts tracking a decline in amphibians with growing alarm, it’s like a symphony in which some of the players haven’t been showing up.

In parts of Puerto Rico, for example, there are places where researchers used to hear four species at once and they are now hearing one or two, a subtle but important change.

“You are not hearing what you were before,” said Alberto Lopez, part of a husband-and-wife team of biologists trying to gauge the health of frogs on the island.

Scientists report that many types of amphibians, especially frogs, are in a steep global decline likely caused by a mix of habitat loss, climate change, pollution and a virulent fungus. The downward spiral is striking particularly hard in the Caribbean, where a majority of species are now losing a fragile hold in the ecosystem.

Without new conservation measures, there could be a massive die-off of Caribbean frogs within 15 years, warned Adrell Nunez, an amphibian expert with the Santo Domingo Zoo in the Dominican Republic. “There are species that we literally know nothing about” that could be lost, he said.

Researchers such as Lopez and his wife, Ana Longo Berrios, have been fanning out across the Caribbean and returning with new and troubling evidence of the decline. In some places, especially in Haiti, where severe deforestation is added to the mix of problems, extinctions are possible.

It is part of a grim picture overall. The International Union for the Conservation of Nature has found that 32 percent of the world’s amphibian species are threatened or extinct, including more than 200 alone in both Mexico and Colombia.

“Everywhere we are seeing declines and it’s severe,” said Jan Zegarra, a biologist based in Puerto Rico for the U.S. Fish and Wildlife Service.

Frogs may be less charismatic than some other troubled species, but their role in the environment is important. They are consumed by birds and snakes and they in

Source: FULL ARTICLE at Fox World News

CAPScall of the Week: WPX Energy

By Sean Williams, The Motley Fool

Filed under:

For years, satirical late-night TV host Stephen Colbert has been running a series on his show called “Better Know a District,” which highlights one of the 435 U.S. congressional districts and its representative. While I am no Stephen Colbert, I am brutally inquisitive when it comes to the 5,000-plus listed companies on the U.S. stock exchanges.

That’s why I’ve made it a weekly tradition to examine one seldom-followed company within the Motley Fool CAPS database, and make a CAPScall of outperform or underperform on that company.

For this week’s round of “Better Know a Stock,” I’m going to take a closer look at WPX Energy .

What WPX Energy does
WPX Energy is an independent oil and gas exploration and production company, with wells in the Bakken and Marcellus shales, as well as the Piceance, Powder River, and San Juan basins. It also holds a majority interest in Apco Oil & Gas, which operates out of Argentina and Colombia. WPX‘s 2012 end reserves totaled 4.65 trillion cubic feet of natural gas equivalent including its overseas assets, and claimed a mixture of about 75% gas and 25% liquids (oil and natural gas liquids). 

In the fourth quarter, WPX reported 40% growth in oil production, 3% growth in natural gas liquid production, and 2% natural gas production growth during the quarter. However, WPX still lost $1.12 for the year as the company experienced a 22% decline in realized natural gas prices, and it wrote down $225 million in non-cash impairments because of the falling price of natural gas.

Whom it competes against
WPX has a triple threat it has to contend with: its competitors, the spot price for natural gas, and the rising costs of E&P.

As you might imagine, a finite amount of land available for exploration makes finding valuable natural gas and liquid assets quite the premium. According to my Foolish colleague Tyler Crowe, 12% of WPX’s assets are oil-based, of which many lie in the oil-rich Bakken Shale. This formation is known for its high-yielding oil reserves and is led by Continental Resources and EOG Resources . One smart tactic nearly all Bakken producers are using is shipping their oil production by rail to Louisiana terminals instead of selling it at the wellhead or in Cushing, Okla., because Brent prices at shipping terminals in Louisiana are paying out significantly more. In December, the North Dakota Pipeline Authority estimated that 64% of daily production was being shipped this way, which makes for plenty of extra profits for all involved — especially WPX, which saw oil production growth of 98% in the Bakken in the fourth quarter.

Realized natural gas prices can also be a friend or a foe, depending upon how you look at things. Chesapeake Energy , for example, leaned very heavily toward natural gas production as recently as early last year. However, weak natural gas prices necessitated a shift away from nat-gas drilling and production and toward Chesapeake’s more liquid-rich assets. …read more

Source: FULL ARTICLE at DailyFinance

Colombian Economic Engine Continues To Move Forward

By Rahim Kanani, Contributor Colombia, at one point in time, was more known for drug trafficking rather than its economic prowess, but that reputation is slowly changing as the nation continues to post strong economic growth numbers. The GDP data is even more impressive in light of the struggles the Western world has been experiencing. The nation recorded annual GDP growth of between 4-6% in the 2010 to 2012 time period, and the IMF projects Colombia to post another solid growth figure of 4.4% in 2013. Inflation, which South American countries have had an issue controlling in the past, has been tame as well, hovering in the 3% range since 2010 with 2.9% projected in 2013. …read more

Source: FULL ARTICLE at Forbes Latest