The United States on Friday gave Chilean President Michelle Bachelet declassified CIA documents confirming that former Chilean dictator Augusto Pinochet personally ordered the 1976 assassination of opposition leader Orlando Letelier. US Deputy Secretary of State Heather Higginbottom presented the documents to Bachelet during a ceremony on the si...
Brazilian president Michel Temer addressing business leaders and foreign policy experts in New York earlier this week revealed another twist to the recent political events in the country which led to the impeachment and removal of his elected predecessor Dilma Rousseff.
The Amaro family from Brazil, one of the main controllers of LATAM Airlines, sold a 6.47% stake in the regional carrier on Friday on the Santiago stock exchange for some US$296 million, as part of a strategy to modify the company's ownership structure.
Heavy fire from Obama, if blacks don't turn out to vote, I will consider it an insult to my legacy
President Barack Obama, in one of his final presidential addresses to a predominately black audience of Capitol Hill lawmakers and guests, made a plea to his Democratic base: African-Americans must vote en masse in November's presidential contest to help his legacy or he will be personally insulted.
The FAO Food Price Index (FFPI) averaged 165.6 points in August 2016, up 3 points (1.9%) from July and almost 7% above the corresponding period last year. The August value of the Index is the highest since May 2015. Except for cereals, prices of all other commodities used in the calculation of the FFPI rose in August, led by dairy, oils and sugar.
A consortium led by Canada's Brookfield Infrastructure has signed a deal to buy a controlling stake in a natural gas pipeline system in Brazil from Petrobras for US$5.2 billion. Under the deal, the consortium will acquire a 90% stake in Nova Transportadora do Sudeste S.A. (NTS). Petrobras will retain a 10% stake.
Brazil’s Petrobras announced it will be spending US$74.1 billion over the next five years, 25% reduction on the US$98.4 billion for the previous five years capital expenditure. This is also the company’s lowest five-year budget since 2006.
Argentina’s recession deepened in the second quarter as President Mauricio Macri’s efforts to implement free-market reform exacerbated an already flagging economy. GDP fell 3.4% from the same period a year earlier, the largest year-on-year contraction in almost two years, the refurbished statistics agency said in a report published on Thursday.
President Michel Temer criticized a surprise move by Brazilian lawmakers, including some members of his party and even a cabinet minister, to wipe the slate clean on illegal donations they allegedly received.
Staple food prices rose in August even as grain prices fell and the outlook for global cereal production improved. The FAO Food Price Index averaged 165.6 points in August, up 1.9% from July and almost 7% from a year earlier. The monthly jump was mostly driven by cheese and palm oil quotations, while those for wheat, maize and rice all fell.
Risks of a Chinese banking crisis are mounting, according to a warning indicator from the banking industry's global watchdog. A key gauge of stress in the banking sector is now more than three times above the danger level, the Bank for International Settlements (BIS) said in its latest quarterly review.
Britain faces the prospect of compensation claims over a disastrous overseas aid project to build an airport on the remote island of St Helena, according to reports in the UK media. The £285million flop became a symbol of Britain’s aid waste this year after experts warned it might never open because of severe problems with wind conditions on the British Overseas Territory in the South Atlantic Ocean.
Violence flared in the southern US city of Charlotte, North Carolina, in a second night of unrest ignited by the fatal police shooting of a black man. Charlotte officials appealed for calm on Thursday, hours after violent riots stemming from a controversial police shooting of a black man injured several police officers and civilians and resulted in 44 arrests.
Former President Dilma Rousseff called the prosecution of her predecessor on corruption charges another attack on Brazil's democracy, speaking just weeks after the Senate removed her from office in an impeachment trial.
- Ex finance minister of Lula and Rousseff arrested in connection to Petrobras corruption
- Aerolineas Argentinas could become profitable in four years time
- Oxford leads world university rankings; 15 out of 20 top list are from US
- Latin American Jewish congress express ''enthusiastic support” for president Macri
- Argentina “is not surrendering Malvinas”; Macri/May greeting was “a brief casual encounter”
- Argentine congress will be part of the Argentina/UK joint statement discussions
- Lula must stand trial on Petrobras probe corruption charges
- Health & Science
- Non communicable diseases make poverty even worse, Uruguayan president tells UN