Petrobras' (PBR) Libra Oilfield May Bring In $460 Billion For Brazil, But Protesters Fear Country Giving Away Too Much In Natural Wealth To Foreign Firms
The offshore oil reserve may bring huge revenues and jobs to Brazil, but not everyone is happy with a foreign consortium's possible involvement.
No Sugary Drinks Please: Mexican Congress Passes Fiscal Reform, Including Controversial 'Soda Tax'
Mexico's tax-reform legislation comes after a month of protests and disagreements.
Chevron Vs. Ecuador: $19 Billion Environmental Contamination Case Takes More Bizarre Turns in New York Court
As the two-decade long fight between Chevron and Ecuador continues, a New York judge sided with Ecuador in the first hearing.
Mexican Tycoon Carlos Slim Withdraws Bid For Dutch Cell Company KPN Over Share Price Dispute
Mexican billionaire Carlos Slim withdrew his bid to buy the remaining 70% of the Dutch mobile company, but the story may not be over.
Inter-American Development Bank Study Points At Latin America As The Future Of Renewable Energy
Latin America is increasing its investment in green energy, and international money is watching.
No Al Impuesto Bloomberg! NYC Mayor Michael Bloomberg Gets Dragged Into The Mexico Soda Tax Debate
The name of the billionaire outgoing mayor of New York gets drawn into the Mexican debate over sugary drinks -- and not in a flattering way.
Eike Batista, Brazil’s Former Richest Man, Loses More Chunks Of His Empire
Eike Batista, once a multibillionaire, is losing his grip through bankruptcy and loss of participation in his companies.
Coca-Cola's Earnings Do Not Grow In Latin America; What Are the Reasons Behind The Stagnation?
Latin America was once Coca-Cola's haven, but not anymore. What are the reasons behind its stagnating sales in the region?
Paper Cuts: How A Paper Mill Is Ruining Relations Between Argentina And Uruguay
The 2nd biggest Latin American country is at loggerheads with its neighbor over a paper mill that plays an outsized role in the region.
Russian Defense Minister Pitches Weapons To Brazil, Trying To Break Western Monopoly
Does Russian defense minister's visit mean that Moscow is in and Boeing is out when it comes to lucrative arms sales to Brazil?
How The Shutdown And Possible Default Affect Latin America: Trade And Growth In The Region Would Take Major Hit
Latin America watches the federal shutdown with apprehension. And a U.S. default would put the entire region in serious trouble.
Complications From Irregular Abortions Cost Colombia $14 Million A Year
Despite abortion being legal in some cases, many women find trouble getting a safe procedure to terminate their pregnancy.
Remittances Worldwide Increase In 2013, Except For Mexico; Is The US Crisis Hurting Mexican Economy?
Immigrants worldwide are sending increasing amounts of money home, but this year, Mexico won't see an increase.
Looking At The Stars: How Chile Wants To Protect Atacama Desert, Prime Spot For Star-Gazing, From Light Pollution
The Atacama Desert in northern Chile is the best spot in the world to study and admire the night sky. Here is how the Latin American country plans to preserve it from light pollution.
Venezuela's Nicolas Maduro Asked Parliament For Decree Power; Opposition Says It Is A Distraction Maneuver
Nicolás Maduro wants more power. And he is not afraid to ask for it.
Haitian Victims Sue UN For Cholera Outbreak; UN Still Refuses Claims
A group of Haitian cholera survivors have sued the United Nations, alleging negligence behind the 2010 outbreak that killed thousands.
Latin America Growth Slower In 2013, Region’s GDP To Expand 2.7 Percent, IMF Says
The IMF has released its fall report for estimated 2013 GDP growth, and the Latin American region has been revised downward.
The Venezuelan Bolivar Is The Most Devalued Latin American Currency, Despite President Nicolas Maduro's Insistence That Economy Is Growing
The Venezuelan president says the economy will be all right, but the bolívar's exchange rate tells a very different story.
Mexico's Subsidized Housing: Good Idea Turns Into Disaster
A good project on paper, but a failure in practice, La Trinidad illustrates the deep housing problem that exists in Mexico today.
Argentina Announces Extension Of Fiscal Amnesty, Despite Having Only Brought In A 10 Percent Of The Expected Amount
A black market currency flow effort by President Cristina Fernández de Kirchner did not quite work out as she had hoped.
Argentenean President To Have Brain Surgery To Remove Mysterious Hematoma
Cristina Kirchner will undergo an operation on Tuesday for a brain hematoma. No one knows what the cause really is.
Portugal Telecom To Merge With Brazil's Oi Cell Company To Join Forces Against Carlos Slim
Portugal Telecom and Brazilian mobile company Oi have announced a merger. Its goal? To break Carlos Slim's hold on the Brazilian market.
Chile Since Pinochet: On The 25th Anniversary Of The Dictator's Ouster, Is He Among The Disappeared?
This year marked the 40th anniversary of the beginning of Pinochet’s dictatorship, and the 25th anniversary of the plebiscite that ended it.
YPF Stock Drops 51 Percent After Nationalization By Argentina
Argentina's newly state-owned oil company YPF has lost half of its value on Wall Street since being nationalized.
Paper Wars: Argentina Vs. Uruguay Fight Over A Paper Mill
The two South American neighbors are at it again, this time over a paper mill and its impact on tourism.
Illegal Miners In Peru Get Angry, But Lack Support
Peru is trying to legalize thousands of unsanctioned miners, whose activities hurt the environment. It's not going smoothly.
Petrobras Wants To Increase Production 50% To Save Company From Crisis
The world's 10th-largest business faces a dropping stock price and big regulations. The answer? Go for a 50 percent production boost.
iPad Index 2013 Released: Argentina, Most Expensive Place To Buy An iPad; Malaysia Is The Cheapest
To get an iPad in this Latin American country, you have to shell out $1,094 -- more than double the cheapest price elsewhere.
Mexico To Provide Tax-Relief For Areas Affected By Hurricanes
To help the areas most affected by the recent rains, the Mexican government has announced a series of temporary fiscal measures.
Raise A Toast: BrandZ’s '50 Most Valuable Latin American Brands' 2013 Report Crowns Beer Over Oil
What is the most valued brand in Latin America? Hint: It's not an oil company.