South/Central America

Taiwan Seeks US Funding as Chinese Warplanes Slowly Approach the Country

Taiwan's military engages in talks with the United States over newly allocated funding following reports of Chinese military aircraft breaching the sensitive median line of the Taiwan Strait.


Brazil Judge Opens Inquiry Into Elon Musk for Alleged Obstruction of Justice

A Supreme Court judge in Brazil has launched an investigation into Elon Musk for alleged obstruction of justice...

Mayor of Medellin, Colombia Bans Prostitution After American Man Caught With 2 Local Underage Girls in Hotel Room

The mayor of Medellin, the second-largest city in Colombia, has banned prostitution in some of the city's most popular places for six months...

Donald Trump Reacts to Mexico President's $20 Billion Demand From Joe Biden, Says AMLO Has Little Respect for Biden

Former President Donald Trump has reacted to Mexico's President Andres Manuel Lopez Obrador's demand for $20 billion a year from the Biden administration in exchange for help to halt the surge of ille..


Latest News

Dollar-starved Venezuelan telecoms turn weaker
Venezuelan telecom sector is reeling under pressure as it lacks additional funds availability, the physical currency of dollars. The cash-strapped telecom companies are unable to strengthen their netw
S&P Downgrades Brazil's Credit Rating Straight Down to Junk Territory
Brazil's investment-grade credit falls beyond correction and into junk territory as Standard & Poor's downgraded the country's debt Wednesday. According to a report from The Guardian, Standard & Poor'
Corruption scandal rocks crisis-hit Brazil while government gears up for tax hike
The widening budget deficit has become a cause of concern for the Brazil. To speed up the economic recovery, the country needs a tax hike to ease the burden, the country's Chief of Staff Aloizio Merca
Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras
British engineering crown jewel Rolls-Royce is dragged into the giant Brazilian scandal, as it has been accused of giving kickbacks to officials involved in the state-owned oil giant Petrobras.
Brazil is financially ruined, under recession
Whether Brazilians like it or not they are again headed for their worst economic crisis. The government reported Friday that the country's gross domestic product (GDP) had plunged 1.9% in Q2 alone and
McDonald's hit with labor and tax malpractice allegations during Brazil hearing
Fast-food giant, McDonald's was recently hit with allegations suggesting that the company has been avoiding making tax payments and abusing their employees during a hearing held in Brazil.
Venezuela's currency against US dollar tumbles 737%
The value of Venezuela's currency, the Bolivar, has nose-dived too fast and has now reached a point where it's worth less than a penny on the US dollar.
Puerto Rico responds to fiscal crisis with a regressive tax that could hurt country's bottom line, poor people
Puerto Rico is jacking up its sales tax in a bid to address its fiscal problems. This is considered a regressive move that could ultimately hurt the country's bottom line and its countless poor people
Mexican government hikes dollar auction by almost 4 folds; holds rates
The continuous fall of peso currency is giving jitters to the Mexican economy. The second largest economy in Latin America is making all the possible efforts to prevent the arrest of its falling peso.
Mexico auctions oil blocks to increase production but failed to attract giant international companies
Mexico kicked out foreign companies 77 years ago, but just last Wednesday the tables seem to turn as its government auctioned 14 exploration blocks to attract international energy companies, which wil
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