Latest Americas Economy News & Archive

Stubbornly high UK inflation and worries about future central bank moves to tame rampant consumer prices helped drag down stocks across much of the world

Labor, Inflation Numbers Propel Stock Rally – What Is Ahead?

One of the catalysts for last week's gains was Friday's November labor market report. It showed that the U.S. economy continued to churn new jobs at a moderate pace in line with Wall Street's expectations.

Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup

Guyana has adminstered Essequibo for over a century and the region makes up more than two-thirds of its territory

ExxonMobil and Chevron are both waiting to see what happens next for Guyana, as a dizzying set of competing incentives come into play.

Venezuela's Guyana Annexation Referendum Leaves Region On Razor's Edge

Guyanese President Irfaan Ali and US Secretary of State Antony Blinken (R) chat after a joint press conference in Georgetown, Guyana

The Maduro regime is threatening to destabilize the Caribbean in a bid for offshore oil reserves, in a move likely to invite back crippling US sanctions.

Brazilian President Luiz Inacio Lula da Silva has said he will be able to "work normally" during several weeks of convalescence in the capital Brasilia

Brazil To Join OPEC+ In January: Report

An OPEC+ delegate told Reuters about Brazil's plans to join the international oil cartel. The government didn't confirm the report.

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Reaching first oil and gas production from a federal offshore lease typically takes at least one or two years of drilling and other work

ExxonMobil Expands Guyana Oil Production Ahead Of Schedule, Increasing Output By 50%

Exxon opened a third offshore development in Guyana on Tuesday, accelerating the small South American country's rapid rise in oil production.

Less than six months into his term, Brazilian President Lula has already met more foreign leaders than his predecessor, far-right ex-president Jair Bolsonaro, did in four years

Brazil Hedges Bets On Energy As Social Agenda Tops Lula's Priorities

Brazil has quickly emerged as Latin America's leading source of renewable energy—as well as its largest fossil fuel producer.

The 35-year-old Daniel Noboa is campaigning hard ahead of an October runoff election, vowing to lock up criminals on prison ships in a bid to curb the lawlessness that has engulfed the country

Ecuador's Oil Ban Presents Fraught Opportunity For President-Elect, Likely To Be Delayed

Newly elected president Daniel Noboa will manage the end of oil extraction amidst dueling political and security crises. Will Ecuador be able to build a post-oil economy?

Venezuelan President Nicolas Maduro will visit China

Sanctions Relief Won't Save Venezuela's Oil Industry, Analysts Say

In Venezuela, sanctions relief coincides with a groundswell of support for Maduro's opposition, raising hopes for the oil industry's revival.

Sergio Massa, 51, is running for president after over a year as Argentina's economy Minister

Lithium Looms Large Over Argentine Presidential Election

Argentina's next president will face a dizzying blend of economic challenges and opportunities.

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AMERICAS ECONOMY

Labor, Inflation Numbers Propel Stock Rally – What Is Ahead?

Chevron, Exxon Responses Diverge Amid Venezuela-Guyana Border Buildup

Venezuela's Guyana Annexation Referendum Leaves Region On Razor's Edge

Brazil To Join OPEC+ In January: Report

Shell, Trinidad's NGC Close To Operating Venezuela's Vast Dragon Gas Field: Report

Javier Milei's Win Signals Oil Sector Overhaul, Lithium Sector Stability

Lithium Miners Bet on Direct Extraction In Bid For Efficiency, Sustainability

SQM Misses Expectations In Third Quarter Earnings, As Low Prices Hamper Lithium Giant

ExxonMobil Expands Guyana Oil Production Ahead Of Schedule, Increasing Output By 50%

Brazil Hedges Bets On Energy As Social Agenda Tops Lula's Priorities

Ecuador's Oil Ban Presents Fraught Opportunity For President-Elect, Likely To Be Delayed

Sanctions Relief Won't Save Venezuela's Oil Industry, Analysts Say

Lithium Looms Large Over Argentine Presidential Election

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Panama Says 55 Migrants Have Died Crossing Jungle This Year

Breaking The 401(k) Millionaire Mold: Americans In Their 30s And 40s Are Reaching Wealth Milestones

Outrage, Relief: Emotions Mixed Following French Mass Rape Trial Verdict

Ozempic May Face Investigation Over Vision-Threatening Condition In Some Patients