economa News
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By AFP
Buenos Aires -
Center-leftist Alberto Fernandez vowed to put his people first ahead of debt repayments after he was sworn in as Argentina's president Tuesday to singing and applause from lawmakers and supporters.
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By AFP
Buenos Aires -
Argentina's incoming president Alberto Fernandez takes office Tuesday having pledged to put Argentina "back on its feet" but he faces a tough task due to recession, high inflation and rising unemployment and poverty.
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By AFP
Santiago -
Protesters clashed with police as thousands took to the streets of Chile's capital Friday for a demonstration that marked 50 days since the outbreak of the country's worst civil unrest in decades.
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By AFP
Bento Gon -
Brazil's President Jair Bolsonaro on Thursday urged South America's four-nation trade bloc Mercosur to push ahead with reforms "without accepting ideological setbacks," in a swipe at Argentina's incoming leftist government.
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By AFP
Santiago -
Chile's national police committed "serious human rights violations" as weeks of violent demonstrations across the South American country claimed 25 lives, Human Rights Watch said Tuesday in a report calling for reform of the force.
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By AFP
Santiago -
Chile's national police committed "serious human rights violations" as weeks of violent demonstrations across the South American country claimed 25 lives, Human Rights Watch said Tuesday in a report calling for reform of the force.
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By AFP
Rio De Janeiro -
Brazil will auction drilling rights to deep-sea oil fields off its southeast coast Wednesday in a blockbuster sale it hopes will raise a whopping $26.5 billion and boost its crude sector.
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By AFP
Mariana -
Four years ago a dam holding back mining waste collapsed, triggering the worst environmental disaster in Brazil's history.
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By AFP
La Paz -
Bolivia's Evo Morales will seek a controversial fourth term as president on Sunday when voters head to the polls in what is expected to be a tight race for the once-popular left-wing leader.
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By AFP
Quito -
Ecuador began counting the cost Monday of 12 days of indigenous protests against fuel hikes that left eight demonstrators dead and severely dented President Lenin Moreno's austerity program.
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By AFP
Quito -
Indigenous groups camped in the center of Ecuador's capital bristled with anger Wednesday at the start of a second day of violent protests set off by the government's decision to scrap fuel subsidies."Get the tires! Puncture them! Puncture them!
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By AFP
Bejing -
Sun Dawu sighs sadly when asked about the death of thousands of his pigs, killed by the African swine fever outbreak that has been decimating hog herds across China.
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By AFP
Washington -
Despite a history of many IMF rescue programs, Argentina once again faces a deepening financial crisis, raising questions about whether the Washington-based lender made a mistake in its dealings with Latin America's third largest economy.
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By AFP
Buenos Aires -
The giant pots simmering in Dagna Aiva's kitchen explain the long line of people outside her house located in a gritty district of southern Buenos Aires, where Argentina's economic crisis is hitting locals hard.
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By AFP
Buenos Aires -
Argentina's Economy Minister Nicolas Dujovne resigned Saturday after a week of economic tumult caused by President Mauricio Macri's defeat in a primary poll ahead of a general election.
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By AFP
Buenos Aires -
President Mauricio Macri suffered a crushing defeat as Argentines voted in party primaries on Sunday ahead of October's general election.
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By AFP
Caracas -
Venezuela's rampant hyperinflation slowed down in July, the opposition-controlled parliament said on Thursday, calculating its figure for the last 12 months at just over 250,000 percent.July's inflation was 33.
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By AFP
Havana -
Cuba announced Tuesday it would defend itself in US court against oil giant ExxonMobil, which has accused two companies on the island nation of "unlawful trafficking" of its assets after Fidel Castro's 1959 communist revolution.
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By AFP
Santiago -
Hit by five years of "economic slowdown," Latin America's economy will grow by barely 0.5 percent this year, the United Nations economic commission for the region said on Wednesday, well below the 1.3 percent projected in April.
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By AFP
Caracas -
Venezuelan shopkeeper Manuel Saavedra says new US sanctions are strangling him -- and lots of other everyday people.
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By AFP
Caracas -
At least 30 Venezuelan migrants are missing after the speedboat they were traveling in sank on its way to Curacao, an opposition lawmaker said on Tuesday.
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By AFP
Barquisimeto -
Maria Lopez complains about gasoline rationing that Venezuela -- home to the world's largest oil reserves -- has started introducing in some areas to tackle extreme fuel shortages."It's a joke," Lopez said.
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By AFP
Buenos Aires -
Argentina adopted a new measure Monday aimed at stabilizing its exchange rate, six months out from presidential elections in which economic worries are having an impact on opinion polls.
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By AFP
Havana -
Communist Party daily Granma and other Cuban newspapers will slash edition sizes from Friday because of a shortage of newsprint, echoing similar cutbacks imposed by Fidel Castro after the fall of his Soviet Union ally in the 1990s.
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By AFP
Caracas -
Two vast blackouts that hit Venezuela this month have savaged its already ragged economy, paralyzing its vital oil industry and costing the country $200 million a day, experts say.
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By AFP
Bras -
Brazilian President Jair Bolsonaro's pursuit of closer ties with the United States risked compromising the Latin American country's foreign interests and leaving it alienated, analysts warned.
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By AFP
Maracaibo -
The fish Juan Maurice is catching are so small they're best thrown into a frying pan. Even so, they won't fatten this out-of-work builder who has lost 16 kilograms (35 pounds) over the past two years.
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By AFP
Caracas -
A public transport employee who doesn't earn enough to feed himself, a doctor who watches his patients die for lack of medicines, a lawmaker without a legislature, three generations of one family emigrating -- the list of victims of Venezuela's crisis ...
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By AFP
Santiago De Cuba -
Cuba, long a source of inspiration for leftist Latin American governments, celebrated the 60th anniversary of its revolution on Tuesday facing increasing isolation in a region dominated by a resurgent right.
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By AFP
Havana -
Cuba will celebrate 60 years of revolution on Tuesday amidst economic crises and political reforms, the first time it will mark such an anniversary without a revolutionary fighter in power.
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