World

Nicolas Maduro

Venezuela decrees new price controls to fight inflation

CARACAS, (Reuters) – Venezuela yesterday decreed a new price control law that sets limits on company profits and establishes prison terms for those charged with hoarding or over-charging, part of socialist President Nicolas Maduro’s efforts to tame inflation.

Bombing wave hits Egypt amid fear of more violence

CAIRO, (Reuters) – A wave of bomb attacks targeting police hit Cairo yesterday, killing six people on the eve of the third anniversary of the uprising that toppled autocrat Hosni Mubarak and raising fears that an Islamist insurgency is gaining pace in Egypt.

Mexico draws over $7 bln in foreign investment at Davos

DAVOS, Switzerland,  (Reuters) – Pepsico, Nestle and Cisco yesterday announced major investments that together totaled more than $7 billion in Mexico, where the government has pushed through a series of economic reforms that aim to boost foreign investment and growth.

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