You are here

South America

The Tinaco-Anaco Railway Line: A Look At How China Overextended In A Failed Venezuela

The Tinaco-Anaco Railway Line: A Look At How China Overextended In A Failed Venezuela

With nearly $37 billion loaned to Venezuela since 2008, China (via its China Development Bank) had long been a source funding for the socialist country. It was easy to see how a partnership between the two would be mutually beneficial, as China would have a closer relationship with the country that as of 2015 supplied 4%-5% of its oil import needs, while Venezuela would have a virtual piggy bank to fund projects such as infrastructure.

Rio Olympics Will Spark Global Health Disaster

Doctors have warned that the 2016 Rio Olympics will spark a “full-blown public health disaster”, due to the ongoing Zika virus emergency in Brazil.  The Zika virus has spread throughout South America since May 2015 and latin America has been officially declared a health emergency by the World Health Organization (WHO). Rio de Janeiro has the highest number of suspected cases than any other area, and doctors have warned that the 2016 Olympic Games could create a global health disaster if they go ahead.

Pages