Latin America News

  • NY judge scolds Argentina, but no contempt order

    NEW YORK (AP) — A federal judge in Manhattan on Thursday said Argentina's plans to evade his orders by failing to make required payments to U.S. bondholders is illegal and cannot be carried out, but he stopped short of finding the South American nation in contempt of court.

    Associated Press
  • U.S. judge calls Argentina debt swap plan 'illegal'

    District Judge Thomas Griesa on Thursday called Argentina's proposed debt restructuring plan "illegal" but stopped short of holding the country in contempt, saying that would not help resolve the dispute that led to the nation's second default in a dozen years. Griesa said proposed legislation…

    Reuters
  • Argentina rules out another devaluation of peso

    BUENOS AIRES (Reuters) - The Argentine government on Thursday ruled out a second sharp devaluation of the peso this year, rebuffing calls for a weaker currency from employers who say runaway inflation is hurting trade competitiveness. President Cristina Fernandez's government implemented a shock 20…

    Reuters
  • 'Ambiguous warfare' providing NATO with new challenge

    By Peter Apps WASHINGTON (Reuters) - Since Russia's annexation of Crimea in March, NATO has been publicly refocusing on its old Cold War foe Moscow. The threats it now believes it faces, however, are distinctly different to those of the latter half of the 20th century.     The West then was…

    Reuters
  • Amazon starts selling physical books in Brazil

    SAO PAULO (AP) — Online retailer Amazon has started selling physical books in Brazil, two years after it began selling books in digital format in Latin America's biggest country.

    Associated Press
  • Exclusive: Brazil's Silva would get opposition's support in election runoff

    By Brian Winter SAO PAULO (Reuters) - Brazil's biggest opposition party would support Marina Silva for president if its own candidate fails to make an October runoff, a party source told Reuters, an alliance that would damage President Dilma Rousseff's chances for a second term. The presidential…

    Reuters
  • LatAm losing fear of legalizing drugs: Ecuador president

    Ecuadoran President Rafael Correa said Tuesday that Latin America is "losing fear" of legalizing drugs after decades of fighting traffickers with ample US prodding but limited success. The region's governments have opened talks toward developing a shared stance on legalization, and the topic is no…

    AFP
  • Pope OKs protecting Iraq minorities, wants UN OK

    ABOARD THE PAPAL PLANE (AP) — Pope Francis on Monday said efforts to stop Islamic militants from attacking religious minorities in Iraq are legitimate but said the international community — and not just one country — should decide how to intervene.

    Associated Press
  • Mexican billionaire offers advice for Latinos

    HOUSTON (AP) — Increasing workers' earning power and offering Latino-owned companies easier access to funding that can be used for growth and expansion can help improve the social and economic status of Latinos in the U.S. and throughout Latin America, Mexican billionaire Carlos Slim told a group…

    Associated Press
  • AP PHOTOS: Mexico track seen as step for US career

    MEXICO CITY (AP) — Mexico's only major horse racetrack comes to life at 5 a.m. each day as hundreds of stable workers begin to take the 1,400 racehorses out of their stalls and gallop them around the track before washing and feeding them.

    Associated Press
  • AP PHOTOS: Editor selections from Latin America

    The celebration of Santo Domingo de Guzman, spread over the first 10 days of August in Nicaragua's capital, allowed young and old to dance, pray and dress up to thank the saint for his favors.

    Associated Press
  • Victims of Colombia's armed conflict testify

    Victims of the decades-old conflict pitting FARC rebels against government forces testified at peace talks Saturday, pushing for "truth" to form the foundation of any accord. A woman whose disabled son was kidnapped and murdered by soldiers was among a group of witnesses to testify at the peace…

    AFP
  • Panama Canal turns 100 as expansion hits snags

    PANAMA CITY (AP) — It was supposed to be a grand celebration of the engineering triumph that forged a nation.

    Associated Press
  • Volatile Silva could upend Brazil's presidential race

    By Brian Winter SAO PAULO (Reuters) - The late entry of environmentalist Marina Silva into Brazil's presidential race following the death of her running mate could rally young voters and those upset over a sluggish economy and corruption, but introduce new uncertainty for investors wary of her…

    Reuters
  • AP's Frank Bajak among Cabot Prize winners

    NEW YORK (AP) — Columbia University's Graduate School of Journalism on Thursday announced this year's winners of the oldest award in international journalism, the Maria Moors Cabot Prize, for excellence in reporting on Latin America and the Caribbean.

    Associated Press
  • Putin says Russia should not 'fence itself off' from West

    President Vladimir Putin said on Thursday that Russia should not "fence itself off from the outside world" despite a plunge in East-West relations over the pro-Kremlin insurgency in Ukraine. Putin added during a visit to Crimea -- seized by Russia from Ukraine in March -- that an ongoing trade war…

    AFP
  • San Lorenzo wins Copa Libertadores for 1st time

    BUENOS AIRES, Argentina (AP) — San Lorenzo of Argentina, Pope Francis' favorite team, defeated Paraguayan side Nacional 1-0 to win the Copa Libertadores title for the first time Wednesday.

    Associated Press