South/Central America

Joe Biden's Rule Allowing Potentially Diseased Beef From Paraguay to Enter US Repealed by Senate

The Senate on Thursday passed a bill reversing the rule of the administration of President Joe Biden allowing beef imports from Paraguay, which has a history of cattle-borne diseases.


Argentina's Economy Minister Issues Warning Over Fuel Shortages: Export Restrictions Loom

Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages...

Brazil's Top Soybean Hub Mayor Courts Cargill and COFCO for Grain Crushing Boost

The mayor of Sorriso, Brazil's leading soybean producer, plans to attract investments for the local grain crushing industry, highlighting the region's global agricultural potential and promoting the e..

China, Nicaragua New Free Trade Agreement Begins

China and Nicaragua have initiated trading under a newly established free trade agreement, which formally started on Monday...


Latest News

Fenwick & West Survey Finds Valuations in Silicon Valley Weakening
The latest quarterly survey of Fenwick & West LLP found most Silicon Valley companies that raised venture funding in the fourth quarter of 2015 softened.
All eyes on Argentina's economy recovery in 2016
Led by new President Mauricio Macri, economy recovery in Argentina is anticipated during 2016. Argentina registered $3 billion trade deficit for 2015. Exports too fell over 50 percent during 2015.
Investment in oil, gas projects shrinking
Investment inflows into oil and gas projects are dropping significantly. The investments in oil projects in 2016 is forecast to fall below £1 billion from the five-year annual average of £8 billion.
Latin America Economic Growth Has Left Some People Behind
Latin America experienced a phenomenal growth in the last decade. However, according to World Bank, the economic growth has not reached some people.Meanwhile the region's economy is slowing down in t
Rosneft to invest $500 million to increase stake in Venezuelan state-owned company
Russia's leading oil producer, Rosneft has proposed investing another $500 million in Venezuela's state-owned Petroleos de Venezuela SA, to increase their stake from the original 16.7%. The propositio
S&P downgrades Saudi Arabia to 'A Minus / A-2'
Standard & Poor's (S&P) has cut rating on Kingdom of Saudi Arabia (KSA) as it's suffering from lower oil prices. The long -term foreign and local currency sovereign credit has been lowered to 'A minus
Additional 200,000 Recalled Vehicles on GM Saab and Saturn Models Over Airbag Issues
General Motors discontinued and then sold its Saab and Saturn brands. Ironically, it made an announcement today that these cars from both brands consist of parts that could explode from the Takata air
Starbucks Latest Spicy Brews: Smoked Butterscotch Latte and Teavana Citrus Green Latte
Starbucks have brewed some new additions to its mouth-watering menu. The company introduces the Smoked Butterscotch Latte together with the Teavana Citrus Green Latte, whether hot or cold and other ve
Brazil's Usiminas hires Credit Suisse for unit sale
Brazilian steelmaker Usiminas Siderurgicas de Minas Gerais SA, a Brazilian steel producer, is in the process of offloading its manufacturing unit. Usiminas has already hired Credit Suisse SA as its fi
BTG Pactual Cuts Jobs, Bonuses To The Stock Traders And Executives of The Hedge Fund Unit
Groupo BTG Pactual SA has been witnessed to tatter due to decrease in asset value it manages. To maintain the cash flow and remain profitable in the slower economy of Brazil, the Sao Paolo based bank
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