The Next Eike Batista? Eduardo Saverin, The Brazilian Who Helped Build Facebook (NASDAQ:FB), Has A Fortune Estimated In $2.2B
How the Brazilian went from Harvard student to billionaire -- via Facebook.
Venezuela's Nicolas Maduro Fights “Economic War” By Occupying Electronics Stores, Censoring Websites
Venezuelans woke up to a 90% discount on electronics on Saturday -- by order of President Nicolás Maduro, who sent the Army to enforce prices.
Latin America Is The Second Region In The World With The Highest Percentage Of Tax Evaders
Latin America rates second in the regional ranking of tax evaders.
Brazil's President Dilma Rousseff Urges Brazilian Businesses To Increase Trade With Venezuela
President Dilma Rousseff wants to get closer to a nation that's hardly friendly to Washington -- but there are sound economic reasons.
As Starbucks Prepares To Make The Jump To Colombia, A Former Employee Barista Reflects On How The Starbucks Experience Translates To Different Cultures
Starbucks has successfully exported its coffee-culture concept worldwide. But will Colombians embrace the American chain?
Santo Domingo Is Among The Cities With The Biggest Risk Of Being Affected By Climate Change
Climate change is taking a toll on the Caribbean -- particularly the Dominican Republic.
Mexico's Soda Tax Might Make Coca-Cola Bottlers Switch From Real Cane Sugar To Corn Syrup
In an effort to cut costs, Mexico's Coca-Cola makers might switch from cane sugar to corn syrup. Is the hip "Mexicoke" in danger?
Latin America Is Losing Qualified Young Workers To OECD Countries
Latin America is one of the fastest-growing regions in the world. Still, skilled workers are looking for opportunities overseas.
Venezuela's Debt And Colombia's Tariffs Are Hurting Panama
Venezuela's economic instability has consequences beyond its borders -- and Panama is living proof.
Cuba Closes Privately Owned Movie Theaters And Imported Goods Sold From Private Markets
The Cuban government's decision to ban all privately owned movie theaters might mean the end of U.S. blockbusters on the island.
YPF Signs Agreement With French Oil Company Total To Exploit Vaca Muerta Site
Argentina's YPF is still looking for the perfect partner for its unconventional oil site Vaca Muerta. The next contender? French oil company Total.
United Nations Reports Falling Unemployment In Latin America
The U.N. found that, despite a mediocre economic year for Latin America, the region will experience an unemployment drop by 2013's end.
Meet The NiNis: The Latin American Youth That Don't Work Nor Study; They Just Do Nothing
Can't find a job. Can't afford university. What's a young person to do, then? For many Latin Americans, the answer is simple: nothing.
Mexican Senate Approves Tax Reform; Junk Food Will Be Taxed 8% Along With Soda
After a grueling 13-hour debate, President Enrique Peña Nieto's tax reform proposal has been approved, and it affects big U.S. companies.
Guatemala, Colombia, Mexico Among Best Countries In The World To Start A Business, World Bank Study Says
Improving economic policies and more efficient services for entrepreneurs have made several Latin American countries prime business spots.
Brazilian Tycoon Eike Batista Is Losing Another Business As Oil Company OGX Files For Bankruptcy
The man who slipped from multibillionaire to a millionaire in trouble is losing yet another business -- this time to mounting debt.
Argentinian President Cristina Kirchner Loses Big In Legislative Elections That Hint At Change In 2015
Whatever happens next, it looks like the end of the road for the decade-long rule by the Kirchner family.
Brazil Sues FIFA Over Soccer World Cup Costs
The World Cup is still a year away, and the half-billion-dollar lawsuits are already flying.
With A Declining Economy And Divided Politics, Can Mexico Go Back To The Hopeful Nation It Was 12 Months Ago?
When President Enrique Peña Nieto was sworn in, he had a growing economy. Eleven months later, Mexico is on the verge of recession.
How The Economic Crisis In Venezuela Is Affecting Everyday Life: There Is No Flour, No Oil, No Sugar
What to do when your country is lacking oil, flour and other basic goods.
New Reports Of NSA Spying Put U.S. Relations With Germany In Jeopardy; Germany To Start Investigation
Revelations in a report on NSA surveillance in Germany opened up new questions -- and a possible diplomatic crisis.
Twitter (NYSE:TWTR) Runs Test IPO To Avoid Problems On First Day Of Trading
For its first day on the market, Twitter does not want to follow Facebook's disastrous example.
Venezuela Opens Deputy Ministry For The Supreme Social Happiness To Keep Track Of Social Programs
There is no reason not to be happy in Venezuela -- and now there is an official institution to take care of that.
Telefónica, TIM Brazil Want Better Conditions In Latin America Mobile Phone Market
With an expanding telecommunications market, Latin America is a prime investment target -- but operators say governments need to get serious.
Business Owners Don't Like Mexico's Fiscal Reform
President Enrique Peña Nieto is facing an uphill battle in his quest for reforming the fiscal system.
Mexico Recognizes 171 Cases Of Cholera; Is There An Epidemic Coming?
The Haitian cholera outbreak of 2010 has reached Mexico. Are we in danger of a Pan-American epidemic?
Brazil’s Unemployment Rate Edges Up in September, But Still Near Historic Lows
Unemployment rose from 5.3 percent to 5.4 percent in Brazil for September -- but the government says it is not a reason for alarm.
The High Price Of Bad Roads And Slow Border Crossings: Obstacles Harming Agricutural Exports Within Central America
Trade between Central American countries has been hurt by the poor roads conditions, high fuel costs and lengthy customs procedures.
$1 Will Buy You One Gram Of Marijuana In Uruguay... Legally
The "Holland of South America," Uruguay, is one step away from fully legalizing marijuana, and committed to offer a safe market at reasonable prices.
Peso Cubano or Peso Convertible? Cuba Ending Double Currency In Hopes Of Stabilizing Economy
In an attempt to stabilize its harmed and vulnerable economy, Cuba has decided to unify its monetary system.