VATICAN CITY (AP) — A little-known book about Cuba by Jorge Mario Bergoglio — now Pope Francis — provides new insight into Francis' views on Cuban society, Marxism and the U.S. trade embargo that shaped his behind-the-scenes role in helping bring about the historic thaw in U.S.-Cuba relations.
By David Alire Garcia and Dave Graham MEXICO CITY (Reuters) - The allure of investing in Mexico's historic oil sector opening has been dimmed by the plummeting price of crude, putting pressure on the government to offer bigger incentives to private investors in the first major round of contracts up for grabs. Since Congress in August approved the laws governing the dissolution of Mexico's 75-year-old state oil monopoly, crude prices have plunged more than 40 percent, reducing the appeal of investing in Mexican deposits. Mexico, the world's 10th biggest crude producer, last week announced bidding terms for the first set of production-sharing contracts, unveiling 14 shallow-water exploration blocks that will pay winning firms a share of each project's output. The overhaul aims to reverse a decline in crude output of 30 percent since 2004, but the slumping prices have cut potential returns, putting the onus on Mexico to make it more attractive for firms to invest - at the government's expense.
BAGHDAD (AP) — Sporadic clashes between Iraqi Kurdish fighters and Islamic State extremists, as well as other logistics problems, are delaying the evacuation of the last Yazidis still trapped on Sinjar mountain, an Iraqi lawmaker said Friday.