Oil Exploration Threatens Panama’s Rainforest, The Second Lung Of America
Panama has recently discovered that it might be host to a sizable oil reserve -- right under a protected rainforest.
Mexico, With World's Top Obesity Rate, Raises Prices On Soft Drinks To Fight It
Mexican President Enrique Peña Nieto has targeted soft drinks as the first measure to fight a worrying trend toward obesity in his country.
Joe Biden And Mexican President Enrique Peña Nieto Bond Over Pemex, Ignore NSA Espionage
The U.S. vice president's visit to Mexico resulted in a slew of praise for its neighbor - and the NSA espionage scandal was nowhere to be found.
Venezuela’s President Nicolás Maduro Claims US Banned Him From Flying Through Its Airspace; Washington Denies The Accusations
Nicolás Maduro claims the U.S. did not allow the Venezuelan presidential plane to fly over Puerto Rico.
BP, Exxon, BG, Chevron Pass On Biggest Oil Auction In Brazil; Libra Site Draws Weak International Attention
What could make four of the largest oil companies in the world pull out of the most promising of Brazil's oil sites?
Peru Reaches UN’s Millennium Goals Two Years Before Schedule; Poverty Rate Slashed In Half In The Last 20 Years
Peru has met the requirements of several Millennium Goals on poverty, malnutrition and literacy -- two years before schedule.
Brazilian Oil Giant Petrobras Spends $9.5 Billion For Security After NSA Espionage Scandal
Targeted by NSA surveillance, Brazil's state-owned oil company is spending billions to tighten up its data security.
Argentina Offers Repsol 10 Percent Of The Expected Compensation; European Union Advises Against Complicating Relations
Argentina is offering Spanish oil company Repsol less than expected in compensation -- 90 percent less.
Indigenous Population Agree To Oil Drilling In Ecuador’s Protected Area Yasuní
The indigenous tribes inside the protected area have agreed to oil drilling.What happened? Mostly that they need the money.
Brazilian President Dilma Rousseff Gets Popularity Boost By Canceling Visit To U.S. Over NSA Espionage
Dilma Rousseff's decision to cancel the first U.S. visit by a Brazilian leader in 20 years earned her praise from local media, and a spike in popularity.
Colombia Free Trade Agreement With European Union Makes Local Cheeses Change Names
Have you ever had Barranquilla parmesan or Bogotá mozzarella? Soon enough, you might not be able to.
Hotel Prices In Brazil Might Spike 500 Percent During World Cup 2014
Save your pennies: Accommodation costs in Brazil for the World Cup may surge 500 percent for the global event.
The New Carlos Slim? Mysterious Mexican Tycoon David Martinez Guzman Bought 5 Percent Of Spanish Banco Sabadell
Very discreet, art lover, family man. There's not a lot more we know about Mexico's newest tycoon.
Panama Joins Colombia, Costa Rica And Jamaica In The Regional Fight With Nicaragua Over Regional Waters
Panama has joined Colombia, Costa Rica And Jamaica in a quarrel over regional waters in the Caribbean Sea.
Colombian President Juan Manuel Santos Announces Agriculture Reform To Appease Protesters; Will This Affect Starbucks' Colombia Plan?
Protests in rural Colombia have prompted President Santos to announce reforms affecting coffee growers -- and buyers.
Repsol Wants To Expand Its Presence In Venezuela, Seeks More Participation In Faja Del Orinoco Field
With Petronas exit from the Faja del Orinoco project, Spain's Repsol wants a bigger slice -- but so does Petróleos de Venezuela.
Boeing Might Lose $4B Brazil Deal For F-18 Jets After NSA Surveillance Scandal; Analysts Say Politics Won't Trump Business
Boeing was all set to sell Brazil its F-18 Super Hornet for $4B. Then the NSA's spying on the president made things hairy for the U.S. company.
Chevron Asks Judge To Block Jury Decision On Pollution Case With Ecuador, Promises To Drop $60B Compensation Claims
Chevron announced its intention to drop a $60 billion case against Ecuador -- if the judge agrees to block a jury trial.
Venezuelan Laws Forbidding Capital Flight Spur Caracas-Based U.S. Companies To Invest In Real Estate To Keep Profits Safe
Given capital controls, U.S. companies have turned to the safest asset possible to retain the value of their Venezuela-generated profits: real estate.
Taxman Cometh: Mexican President Pena Nieto Proposes Diluted Fiscal Reform Package
Mexico President Enrique Peña Nieto presented on Monday the fiscal reform for 2013 -- in an attempt to heal the deeply hurt Mexican economy.
Brazil Independence Day Celebrations Marred By Nationwide Protests Over Poor Public Services, Corruption
Brazil's wave of demonstrations turned violent Saturday when police harshly repressed protests against the Independence Day parade.
Pemex Is Looking At Investing In YPF In 2018, How Will Former Partner Repsol React?
While it awaits possible privatization, Mexico's oil giant Pemex is looking south for its next move.
Trade Between Chile And China Grew 22 Percent In 7 Years As China Became Chile's Biggest Trading Partner
Quietly and steadily, the Asian giant has become Chile's favorite trading partner -- outpacing the United States.
Mexico Is The Emerging Country With The Lowest Risk Premium
Close to the U.S., it's the healthiest of the emerging markets -- but it needs energy reform to stay competitive, analysts say.
70% Of Venezuela Suffers Electricity Blackouts; 9th Largest Oil Producer In Serious Energy Trouble
Being the ninth-largest oil producer in the world isn't saving Venezuela from widespread power outages.
Bolivia Announces Partnership Offer For Mutun Iron Mine, Biggest In Country, After Indian Company Jindal Pulls Out
Clashes with Evo Morales' government led Indian mining company Jindal to leave. The Chinese might come in next.
2014 Soccer World Cup: Brazil Predicts Revenue 20 Times Over South Africa’s In 2010, Experts Skeptical
Brazil expects a revenue of $11 billion from the World Cup, more than 20 times what South Africa got. It's apparently a very optimistic view.
Brazil Reacts With Fury To NSA Spying; Mexico Orders Probe
Spying by the Americans on the cell phone of Brazil's president has provoked a ferocious backlash in the country. Mexico reacted more mildly.
Ousted Egyptian President Mohammed Morsi To Stand Trial For Incitement To Kill In Cairo Protests
Former Egypt President Mohammed Morsi is accused of instigating the killings of demonstrators during protests last December.
Upheaval In Mexico Against Energy Reform; PDR Founder Cuauhtémoc Cárdenas Says ‘No Steps Backwards’ In Pemex Privatization
As the Mexican Senate gets ready to debate President Peña Nieto’s energy-reform proposal, the opposition made its disagreement known loud and clear.