Agricultural and fisheries production in Latin America and Caribbean is projected to expand by 17% over the next ten years, says a new report from the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO).
Brazil's benchmark Bovespa index jumped more than 1% on Wednesday in low-volume trading on the U.S. Independence Day holiday, while shares of Brazilian power utility Centrais Elétricas Brasileiras SA soared.
U.S. Vice President Mike Pence urged Latin American countries to help isolate crisis-stricken Venezuela, an ideological adversary of Washington that is struggling under a severe and prolonged economic crisis.
The Brazilian real climbed almost 1% against the dollar on Thursday, as a rout on Wednesday led to a technical correction and a key poll showed Brazil's left failing to gain steam in presidential elections scheduled for October.
Argentina ground to a halt on Monday as public service unions blocked road, rail and air transport with a nationwide 24-hour strike in protest at the government's latest deal with the International Monetary Fund. In a massive show of force against the conservative government of President Mauricio Macri, organizers said at least one million workers were taking part in the industrial action which halted trains, subways, buses and flights in Latin America's third-largest economy.
Latin American stocks and currencies mostly fell on Monday as the trade dispute between the United States and other leading economies worsened, but central bank intervention kept the Brazilian real steady.
London Heathrow is connected to fewer Latin American country markets and individual destinations than all of the other major European hubs. That’s the conclusion from the analysis of which airports are missing from Heathrow’s route network in the lead-up to the anna.aero-RABA Heathrow HubLAB Conference in London on 12 June.
Paraguay will have a woman president for the first time in its history, at least temporarily, after outgoing leader Horacio Cartes decided to step down ahead of schedule. Vice-President Alicia Pucheta, 68, will complete Cartes' mandate after he resigned to become a senator.
Brazilian oil workers began a 72-hour strike on Wednesday in a new blow to President Michel Temer following a nationwide trucker protest that has strangled Latin America's largest economy for over a week. The strike affecting several rigs, refineries, plants and ports is the latest challenge for state-led oil firm Petrobras, whose shares have tumbled nearly 30% in two weeks over fears that political interference would unwind more investor-focused policies.
Thousands of protesters took to the streets of several cities across Bolivia on Monday to demand justice after a university student was killed during a demonstration last week. Some of the protesters clashed with police in the central city of Cochabamba. Authorities did not immediately report injuries or arrests.