A consortium led by European firms Finmeccanica and ACS won a contract for a $5.66 billion subway line in Lima after competitors dropped out of the contest last week, Peru's state investment agency said.
A U.S. federal law that bans foreign vessels from engaging in coastwise shipping within U.S. territory adversely affects Puerto Rico's troubled economy, according to studies cited by the island's Senate.
Russian President Vladimir Putin said Russia will create its national payment system to secure smooth operations of local banks, in a move to deter "disruptions" from such Western systems as Visa and MasterCard.
The Caribbean Community (CARICOM) renewed its call for an end to the United States' 50 years old trade embargo against Cuba. Washington imposed the trade and economic embargo against Havana in late 1962, nearly four years after Fidel Castro came to power.