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

Chile keeps key rate unchanged amid slowest growth in 6 years
Central bank of Chile has not changed its key interest rate for three months in a row even though it recorded the slowest economy growth rate in six years in January 2016. The inflation rate is alarmi
Facebook sees growth in Asia despite India's ban on Free Basics
Facebook Inc is bullish on Asian market potential. Recently, Facebook's Free Basics service has been banned by Telecom Regulatory Authority of India (Trai). Despite this jolt, Facebook is still optimi
Vale Ties Up With Fortescue Possibly To Develop Mixed Blend Iron Ore Plant In China
Brazilian iron ore miner Vale and Australian miner Fortescue, both have reduced their debt burdens significantly through disposing less prospective assets. Under such situations, news for tying up wit
Hewlett Packard Enterprises beats forecast in Q1 earnings
Hewlett Packard Enterprises (HPE) has beaten analysts' forecasts for the first quarter earnings. HPE has posted earnings per share (EPS) of 41 cents a share for first quarter as against the 40 cents p
Google Grants UNICEF $1.5 Million and Manpower to Combat Zika Virus
Google grants UNICEF a total of $1.5 million in its battle with Zika virus which has been declared an epidemic by WHO last month. The virus has been linked with microcephaly and neurological illness c
Argentina to issue $15-bln bonds, returns to credit markets
Argentina is planning to issue $15-bilion bonds making it the largest sum by any developing nation since 1996. Country's new President Mauricio Macri-led government will use funds mobilized through bo
Hedge fund investor Paul Singer wins 13-year battle with Argentina
The legal battle running for 13 years between hedge fund investor Paul Singer and Argentina is over as both the parties have reached to an agreement. Singer's Elliott Management will get $4.65 billion
CaixaBank may acquire Isabel Dos Santos' stake in BPI
Spain-based Caixabank is planning to buy the stake of Isabel Dos Santos in Portugal's Banco BPI SA. The negotiations over the acquisition are still going on and may be completed soon.
Scotiabank's profit soars on global banking
Canada-based Bank of Nova Scotia witnessed a strong profit surge as banking activity in domestic and international operations rose. Scotiabank has increased provision for bad loans in the oil and gas
Peru's central bank ups reserve ratio for Sol currency
Central Reserve Bank of Peru is increasing local currency bank reserve requirements (reserve ratio) to support its weakening currency Nuevo Sol. The capital reserve ratio will be one percent from Marc
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