Latin America

Thursday, May 4th 2017 - 13:01 UTC
EU and US agree to Maersk Line acquiring Germany's Hamburg Sud, expert in South America

Container shipping company Maersk Line will pay EUR 3.7 billion for its acquisition of smaller German rival Hamburg Sud, including all subsidiaries and associated shipping companies. The boards of Maersk Line and the Oetker Group, owner of Hamburg Sud, approved the proposed deal, which has been given the green light by the European Commission and the US Department of Justice.
Tuesday, May 2nd 2017 - 06:30 UTC
End of an era in Cuba? Last of a May Day celebration without a Castro brother

The Cuban government's traditional May Day parade Monday is the last to be overseen by President Raul Castro, and the first without his late brother and revolutionary predecessor Fidel.
Thursday, April 27th 2017 - 09:32 UTC
Venezuela quitting OAS; death toll of demonstrations climbs to 33

Following through on its threat, Venezuela's government announced on Wednesday it is quitting the Organization of American States, accusing the regional body of meddling in its internal affairs over weeks of political unrest. The step was taken just hours after violent clashes in Caracas between security forces and protesters during yet another march against the socialist government of President Nicolas Maduro.
Tuesday, April 25th 2017 - 19:16 UTC
UN forecasts South American countries average economic expansion at 0.6%

The Economic Commission for Latin America and the Caribbean (ECLAC) updated growth projections for economic activity in the region in 2017 and forecasts a 1.1% average expansion for this year, the United Nations body stated on Monday in a press release. This projection is slightly below the 1.3% that was estimated in December 2016.
Monday, April 24th 2017 - 14:36 UTC
Trump receives Argentine president Macri at the White House on Thursday

Argentine and United States presidents Mauricio Macri and Donald Trump will be addressing bilateral trade, the Venezuelan situation, combating drugs and declassification of documents from the last dictatorship when they meet next Thursday at the While House, according to Chargé d'Affaires Thomas Cooney currently running the US embassy in Buenos Aires.
Wednesday, April 19th 2017 - 21:12 UTC
World Bank praise for Latam countries pursuing counter-cyclical fiscal policies

In a positive development, today more than ever before, Latin American and Caribbean countries are pursuing counter-cyclical fiscal policies - spending more in bad times and saving in good times, according to a new World Bank semiannual report for the region.
Monday, April 10th 2017 - 08:12 UTC
Trump will host Argentina's Macri at the White House on April 27

Argentine president Mauricio Macri confirmed that a date has been officially established for his meeting with Donald Trump at the White House, April 27. The date was revealed by the president Macri during an interview with Bloomberg.
Friday, April 7th 2017 - 12:28 UTC
Norwegian Sky planning 33 roundtrips to Cuba from Miami in 2018

Norwegian Sky will sail 33 roundtrip cruises from Miami to Cuba in 2018, with 32 voyages featuring an overnight call in the capital city of Havana as well as a call on Great Stirrup Cay, Norwegian’s private island in the Bahamas.
Friday, April 7th 2017 - 12:18 UTC
Ecuador's ruling party accepts a recount of votes as demanded by the opposition

In a surprise move, Ecuador’s ruling party, Country Alliance, has called for a recount of the votes cast in the weekend’s presidential election. Its candidate, Lenin Moreno, had won the election by the narrowest margin, with 51.16% of the vote.
Thursday, April 6th 2017 - 12:35 UTC
ExxonMobil strikes oil again offshore Guyana, the second this year

ExxonMobil’s oil finding streaking offshore Guyana is continuing, with the company reporting yesterday that it has struck oil again. It is Exxon’s third such find in the Stabroek Block and the second this year, coming on the heels of oil discoveries in Liza in 2015 and Payara in January.