Latin America

Wednesday, August 14th 2019 - 09:08 UTC
What will be the IMF's reaction to the new Argentine political scenario?

Argentina's peso slipped further against the dollar Tuesday while the stock market partially recovered as South America's third-largest economy continued to take a pummeling in the wake of pro-business President Mauricio Macri's crushing defeat in party primaries.
Tuesday, August 13th 2019 - 06:38 UTC
Bolsonaro warns of Argentine exodus into Brazil if the “leftist scoundrel” Cristina Fernandez returns to office

Conservative president Jair Bolsonaro warned on Monday that Brazil could see a wave of migrants fleeing Argentina if a presidential election in that country returns leftist politicians to power, after their strong showing in a Sunday primary vote.
Tuesday, August 13th 2019 - 06:30 UTC
US/China trade war and the Argentine situation impacts on Brazil's central bank policy of lower interest rates

Brazil’s central bank will have to weigh potential price pressures from the U.S.-China trade war against prospects of a disappointing recovery when determining how long its easing cycle will last.
Monday, August 12th 2019 - 07:07 UTC
US identifies 17 Latin American countries as major drug transit and producing areas

President Donald Trump has warned he may take action against Mexico if it doesn't do more against drug trafficking. México is among the 22 major drug transit and drug-producing countries identified in a presidential memorandum released Thursday night by the White House.
Saturday, August 10th 2019 - 09:59 UTC
On Sunday 33.8 million Argentines will decide if they still believe in populism

Argentines are facing what is probably the tightest presidential race since the return of the country’s democracy in 1983 with conservative President Mauricio Macri facing an opposition ticket including ex-President Cristina Fernández, and the primary elections Sunday are expected to provide a hint of who might win October’s vote.
Friday, August 9th 2019 - 10:59 UTC
Argentina's Sunday primaries, a first test for President Macri's reelection aspiration

Argentina’s election primary on Sunday will determine President Mauricio Macri’s chances of winning a second term in October, with the country’s embattled peso currency expected to take a fresh beating next week if the business-friendly does not accomplish as expected.
Thursday, August 8th 2019 - 22:22 UTC
UN rights chief bemoans unilateral sanctions on Venezuela, fearing ‘far-reaching implications’

A new set of unilateral sanctions imposed by the United States on Venezuela this week prompted the concern of the United Nations’ top rights official on Thursday, who said in a statement that she feared they would have a “potentially severe impact” on the human rights of the South American nation’s “long-suffering” people.
Thursday, August 8th 2019 - 09:55 UTC
Puerto Rico finally has a governor, ex Justice secretary Wanda Vazquez

Puerto Rico got its third governor in less than a week on Wednesday just hours after the bankrupt US territory's Supreme Court ruled that Pedro Pierluisi's assumption of the office was unconstitutional and ordered him to leave.
Thursday, August 8th 2019 - 08:35 UTC
Hero reception in Colombia for Bernal, winner of the Tour de France

The Colombian city of Zipaquirá has welcomed home local hero Egan Bernal, 10 days after he won the Tour de France. Last month the 22-year-old became the first Colombian to win cycling's most prestigious race - and its youngest champion in 110 years. Thousands of people gathered in the town's central square as early as 05:00.
Wednesday, August 7th 2019 - 09:20 UTC
Cuba to defend itself in US court against oil giant ExxonMobil

Cuba announced on Tuesday it would defend itself in US court against oil giant ExxonMobil, which has accused two companies on the island nation of “unlawful trafficking” of its assets after Fidel Castro's 1959 communist revolution.