Latin America News

  • Peru protesters tell IMF 'imperialists' to go home

    Activists marched through the Peruvian capital Friday to protest what they called the anti-poor policies of the International Monetary Fund and World Bank, which are holding their annual meetings here. Around 2,000 demonstrators joined the march, carrying signs with angry slogans and at one point…

  • Celebration of Peru's economic boom comes late

    LIMA, Peru (AP) — The world's top finance officials lavished praise on Peru's "economic miracle" this week, lauding it for cutting poverty by half during a decade-long bonanza of record-high prices for gold, copper and other metals it mines.

    Associated Press
  • US treasury secretary blames Congress for debt limit delays

    LIMA, Peru (AP) — U.S. Treasury Secretary Jacob Lew admonished Congress on Thursday for not moving fast enough to raise the government borrowing limit at a time of heightened fragility in the global economy.

    Associated Press
  • Netflix raising US price for most popular video plan by $1

    SAN FRANCISCO (AP) — Netflix is raising the price of its Internet video service by $1 for new customers in the U.S., Canada and some Latin America countries to help cover its escalating costs for shows such as "House of Cards" and other original programming.

    Associated Press
  • Brazil courts boost impeachment push, but Rousseff's ouster still distant

    By Paulo Prada and Anthony Boadle RIO DE JANEIRO/BRASILIA (Reuters) - President Dilma Rousseff’s opponents have a clearer path to impeach her after two court rulings against her this week but political hurdles still make her ouster unlikely anytime soon. As many as a dozen impeachment petitions…

  • IMF Chief: We're cooked if we fail on climate change

    LIMA, Peru (AP) — International Monetary Fund chief Christine Lagarde said Wednesday that failure to take urgent action on global warming will condemn humanity to the same fate as the Peruvian poultry that so many delegates to the group's annual meeting are enjoying this week in a country famed for…

    Associated Press
  • At 'home' in Peru, World Bank chief unfazed by slower growth

    CARABAYLLO, Peru (AP) — In the 1990s, Jim Yong Kim would climb the dusty streets and hillsides of this sprawling slum outside Peru's capital distributing expensive pharmaceutical drugs he'd brought hidden in his luggage to tuberculosis patients. Residents recall the Harvard-trained physician as a…

    Associated Press
  • 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
  • Scholars predicting historic Mormon leadership decision

    SALT LAKE CITY (AP) — The Mormon church could name as many as three new high-ranking leaders at a Utah conference this weekend, and scholars predict that for the first time ever, at least one could be from outside North America and Europe.

    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…

  • Christian evangelicals in Jerusalem show love for Israel

    JERUSALEM (AP) — Thousands of evangelical Christians from more than 80 countries descended upon Jerusalem this week to show their support for the Jewish state, including pilgrims and politicians from countries with a history of hostility toward Israel.

    Associated Press