Latin America News

  • Beer giant InBev raises takeover bid for SABMiller

    The world's biggest brewer, Anheuser-Busch InBev, announced Wednesday an improved 68-billion-pound (92-billion-euro) takeover offer for British rival SABMiller. The news pushed the share price 2.74 percent higher on the Brussels stockmarket within minutes of the open while SABMiller added 2.71…

    AFP56 mins ago
  • Reporters in Latin America face worse censorship, violence: IAPA

    Conditions for reporters are more challenging than ever in Latin America, where they face increasing government repression and spiraling violence, the region's leading journalism advocacy group said Tuesday. The Inter American Press Association (IAPA) issued its grim assessment about the state of…

  • IMF meets in hostile territory of Latin America

    The International Monetary Fund faces a chilly reception as it meets this week in Latin America, the region that has been most hostile toward its policy prescriptions. There is loaded history lingering in the air in Peru as IMF Managing Director Christine Lagarde and her team jet into Lima for the…

  • AP PHOTOS: Editor selections from Latin America

    In the week that was in Latin America, Guatemala mourned after a landslide buried the Cambray neighborhood in the suburb of Santa Catarina Pinula, on the outskirts of Guatemala City. Families began burying their dead as authorities gave up hope of finding anybody else alive in the rubble from the…

    Associated Press
  • How to Double Your Money Every 4 Years

    In a recent study, a group of University professors show how 539 individual investors were able to consistently double their money every 3.5 years.

  • Vargas Llosa: More freedom now for Latin America press

    CHARLESTON, S.C. (AP) — While there's more freedom of the press for Latin American media under democracies than the dictatorships once common in the region, drug cartels pose a threat to such freedoms, Nobel laureate Mario Vargas Llosa said Saturday.

    Associated Press
  • Brazil president reshuffles cabinet to avert disaster

    Brazilian President Dilma Rousseff ordered a government reshuffle Friday, axing eight ministries in what was announced as a cost-cutting measure but seemed aimed at ending political paralysis and threats of impeachment. At a time of recession, a massive corruption scandal and political turmoil,…

  • Spain finds 300 kilos of cocaine in pureed banana shipment

    Spanish authorities seized 300 kilos of cocaine worth 10 million euros ($11 million dollars) from a container loaded with pureed bananas that arrived from Costa Rica, the government tax office said Thursday. Police and customs officers found the cocaine on Monday in the Mediterranean port of…

  • Brazil's lower house approves visa waiver tied to Olympics

    RIO DE JANEIRO (AP) — Brazil's lower house voted Thursday to grant a 90-day waiver to foreigners who normally need a visa so they can come to the country next year for the Olympic and Paralympic Games. The bill is expected to be approved by the Senate and signed by President Dilma Rousseff.

    Associated Press
  • Teva to buy Mexico's Rimsa for $2.3 bln

    Generic drug giant Teva said Thursday it will acquire Mexican company Representaciones e Investigaciones Medicas (Rimsa) for $2.3 billion to strengthen its presence in the second-largest market in Latin America. Israel-based Teva Pharmaceutical Industries said the acquisition of Rimsa, an…

  • President Abbas raises Palestinian flag for first time at UN

    UNITED NATIONS (AP) — Palestinian President Mahmoud Abbas raised the Palestinian flag at the United Nations for the first time on Wednesday with a promise that it will be raised soon in Jerusalem, "the capital of our Palestinian state."

    Associated Press
  • Dozens of nations back French appeal to limit use of U.N. veto

    By Louis Charbonneau and John Irish UNITED NATIONS (Reuters) - Dozens of nations signed on to a French proposal on Wednesday that the five permanent members of the United Nations Security Council refrain from exercising their veto in cases of mass atrocities and genocide. There are 193 U.N.…

  • IMF chief says global economy likely to be weaker this year

    WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that global growth will likely be weaker this year as the world economy confronts a host of problems, including a refugee crisis in Europe, an economic slowdown in China and a pending rise in U.S. interest rates.

    Associated Press
  • Colombian rebel leader shies away from deadline to end war

    BOGOTA, Colombia (AP) — In a landmark television interview, the rarely seen leader of the Revolutionary Armed Forces of Colombia reaffirmed the commitment of Latin America's oldest insurgency to abandon the battlefield even while shying from a six-month deadline to sign a final peace accord.

    Associated Press
  • Pope visits Philadelphia, extols America's founding ideals

    PHILADELPHIA (AP) — He spoke at Independence Hall, where the Declaration of Independence and the Constitution were signed. He stood at the very lectern Abraham Lincoln used to deliver the Gettysburg Address. And he stepped forward to the stirring strains of "Fanfare for the Common Man."

    Associated Press
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  • Taking greater role, China leader pledges $2 bln to poor

    Xi's announcement, made in his first address to the United Nations, follows longstanding criticism from the United States and other developed countries that China has not taken responsibilities in line with its aspirations for a greater global role. Addressing a UN summit on development, Xi said…

  • In Philadelphia, pope calls for defense of religious freedom

    Pope Francis on Saturday called for a vigorous defense of religious freedom and urged ordinary Catholics, especially women, to help fortify the Church, as hundreds of thousands celebrated his visit to Philadelphia. The head of the world's 1.2 billion Catholics also made another impassioned plea…

  • Rock-star screams for 'people's pope' in Central Park

    New York (AFP) - They waited for hours. Some even fainted from heat and lack of food. But when Pope Francis glided through Central Park on his popemobile, the screams were deafening.