Brazilian state-run oil firm Petrobras hiked diesel prices on Wednesday, and executives said the firm could expand its already aggressive divestment plan while arguing the company was completely free of political interference.Add your comment!
Perú’s former president, Alan García, died in a hospital on Wednesday at noon after shoting himself in the head when he was to be arrested by the police at his home in Lima.1 comment
The Lima Group made up of mostly Latin American countries called on the United Nations on Monday to “take action” to prevent an escalation of Venezuela's humanitarian crisis.Add your comment!
Most Latin American stock markets and currencies rose on Thursday, with assets in Brazil gaining on hopes of smooth progress on pension reform. Brazilian President Jair Bolsonaro met fellow politicians in a bid to build support to pass his government's proposal to reform the country's bloated pension system, seen by investors as crucial to trim Brazil's wide fiscal deficit.
NATO can look at the possibility of other Latin American states joining Colombia in becoming alliance partners, Secretary General Jens Stoltenberg said on Wednesday, while appearing to rule out U.S. President Donald Trump’s suggestion that Brazil could one day become a full member of the North Atlantic security body.
Spanish bank Santander is expected to take a cautious stance on its British business in a strategy update on Wednesday, seeking to reassure investors after its aborted recruitment of former UBS banker Andrea Orcel as CEO.
The Uruguayan capital is the most expensive and the best to live in the region. At least that's what the studies of The Economist, which positioned Montevideo behind Mexico City in terms of cost, and the consultancy Mercer, which places the capital at the top of Latin American quality of life ranking, revealed in publications made this month. El País (Madrid) explains that Montevideo has a “crazy decadent charm”. However, why does this phenomenon occur?
The International Committee of the Red Cross (ICRC) presented on Thursday the balance of its main humanitarian concerns in Colombia, highlighting a deterioration of security conditions in the most remote areas of the country. The cases of armed conflicts and the violence that has continued to plague Colombia in recent decades, as well as the recent mass exodus of Venezuelan migrants, showed a complex humanitarian context.
The Mexican president has sent a letter to Spain's King Felipe VI and Pope Francis urging them to apologize for human rights abuses committed during the conquest of the region. Andrés Manuel López Obrador said the indigenous peoples of Mexico had been the victims of massacres.
Mexico’s government said it had reached an agreement with Brazil on the free trade of light vehicles, subject to a 40% regional content requirement, paving the way for more open commerce between Latin America’s two biggest economies.