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Latin America Performs Poorly in Networked Readiness Index

Latin America Performs Poorly in Networked Readiness Index

By Narayan Ammachchi Most countries in Latin America are failing to exploit the potential of ICT to drive social and economic transformation, according to the World Economic Forum’s Global Information Technology Report 2015. According to the data from the report’s Networked Readiness Index (NRI), which ...

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China Lends $5 Billion to Cash-Strapped Venezuela

China Lends $5 Billion to Cash-Strapped Venezuela

By Narayan Ammachchi China has agreed to lend Venezuela US$5 billion, with the crisis-hit South American country in desperate need of funds to balance its budgets. The loan was announced by President Nicolas Maduro, although China has neither confirmed or denied the news. Maduro ...

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Guatemala Arrests 20 Officials Over Import Tax Fraud

Guatemala Arrests 20 Officials Over Import Tax Fraud

By Narayan Ammachchi Guatemala has detained 20 officials, including the head of its tax collection agency, on charges of collecting fewer duties on imported goods in exchange for bribes. Another of the primary suspects, the private secretary of Guatemalan Vice President ...

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