
Mexico's US$5 billion rescue package to pay down debt at Pemex is a one-of-a-kind transaction that should give the struggling state oil company breathing space to focus on output and costs, Deputy Finance Minister Gabriel Yorio said.

A 'no-deal' Brexit could snarl cross-Channel trade routes, disrupting supplies of medicines and fresh food while protests spread across Britain, according to a worst-case scenario reluctantly released by the government on Wednesday.

Thousands of protesters camped on Wednesday in downtown Buenos Aires to demand that Argentina declare a food emergency as the economic crisis deepened just weeks ahead of the presidential election.

U.S. President Donald Trump has ruled out for now slashing taxes on capital gains after a meeting with his advisers, a White House spokesman said on Wednesday.

Scotland's highest court of appeal ruled on Wednesday that British Prime Minister Boris Johnson's decision to suspend parliament for five weeks is unlawful, the lawmaker who led the challenge said.

Brazilian authorities arrested a former energy minister’s son on Tuesday for allegedly receiving 50 million reais in bribes (US$ 12 million) together with his father, involving the construction of a giant dam.

Despite a history of many IMF rescue programs, Argentina once again faces a deepening financial crisis, raising questions about whether the Washington-based lender made a mistake in its dealings with Latin America's third largest economy.

The Permanent Council of the Organization of American States (OAS) condemned on Wednesday ”the lifting of the parliamentary immunity of deputies José Guerra, Tomás Guanipa, Juan Pablo García and Rafael Guzmán, ordered on August 12, 2019, which constitutes a clear attack on the only legitimate and democratically elected body in Venezuela and another challenge to the rule of law.”

The knife used to stab Brazilian President Jair Bolsonaro during his 2018 election campaign is to be put on display at a police museum due to its historical value, a court ruled.

President Donald Trump said on Wednesday that John Bolton dismissed a day earlier as a national security adviser, had been a disaster on North Korea policy, out of line on Venezuela, and did not get along with important administration officials.