The Brazilian government increased its forecasts for what’s already expected to be a record season for soybean output and exports as farmers expand the planted area while yield prospects rise on above-average rainfall.
Two nephews of Venezuela's first lady have been arrested in Haiti and taken to the US to face drug trafficking charges, US media reports say. Franqui Francisco Flores-de Freitas and Efrain Antonio Campo-Flores are accused of conspiring to smuggle 800kg of cocaine into the United States.
Brazilian officials are investigating allegations that Petrobras overpaid hundreds of millions of dollars for the Pasadena, Texas, refinery and funneled money into a massive kickback scheme that's led to dozens of convictions and arrests and fueled calls for the impeachment of president Dilma Rousseff, who chaired the company until 2010.
Expectations of a rise in US interest rates in December have soared following a stronger-than-expected jobs report. The US economy added 271,000 jobs in October, far exceeding the 185,000 jobs that economists had forecast.
One of the wealthiest and most influential Republican donors — who also happens to be in the midst of a legal battle with Argentina over defaulted-debt — is throwing his support behind the presidential campaign of US Republican Senator Marco Rubio of Florida, according to a New York Times report.
US manufacturing grew at its slowest pace in two years in October, according to data released by Institute for Supply Management (ISM). This is the fourth consecutive month of declines in factory activity, with growth at its slowest pace since May 2013.
The United States Carrier Strike Group 9 which is participating in a series of 'Unitas' exercises with different Latin American and Pacific countries, anchored off Punta Arenas and is scheduled to leave on Monday for Rio do Janeiro, Brazil, according to reports from the extreme south Chilean city port.
United States growth slowed sharply in the third quarter of the year. GDP grew at an annualized pace of 1.5% between July and September, according to the Department of Commerce, down from 3.9% in the second quarter. The slowdown was partly due to companies running down stockpiles of goods in their warehouses.
The US Federal Reserve kept interest rates unchanged on Wednesday, but downplayed global economic headwinds and left the door open to tightening monetary policy at its next meeting in December.
United States on Tuesday voted against a U.N. resolution condemning its embargo on Cuba, even though President Barack Obama has called on Congress to lift the trade restrictions. The vote was the first since the U.S. and Cuban leaders agreed to restore diplomatic ties last December, and the U.S. had considered taking the unprecedented step of abstaining.