Machado, Capriles, others to compete in Venezuela opposition primary

By Vivian Sequera CARACAS (Reuters) – Former lawmaker and engineer Maria Corina Machado, ex-presidential candidate Henrique Capriles and at least five others will run in an October opposition primary in Venezuela, the first since 2012 as the opposition seeks to unseat President Nicolas Maduro in an election next year. Popular Will party opposition figure Freddy…

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Top Biden aide to Denmark for international talks on Ukraine

By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden’s national security adviser, Jake Sullivan, is traveling to Denmark this weekend to participate in a meeting about Ukraine which may include some countries that have refused to condemn the invasion. The talks in Copenhagen are being organized by Ukraine “to discuss basic principles of peace,” a…

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Rich nations pledge to unlock hundreds of billions of dollars for climate fight

By John Irish and Leigh Thomas PARIS (Reuters) -Multilateral development banks like the World Bank are expected to find $200 billion in extra firepower for low-income economies by taking on more risk, a move that may require wealthy nations to inject more cash, world leaders said on Friday. The leaders, gathered at a summit in…

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Brazil says it cannot agree to EU’s proposal for Mercosur trade deal

(Reuters) -Brazilian President Luiz Inacio Lula da Silva on Friday said the European Union’s latest proposal for a trade deal with South American bloc Mercosur made reaching an agreement impossible as it included a “threat” to Brazil. The Brazilian leader was referring to the EU’s addendum to the deal attaching sustainability and climate change commitments…

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Lithium producers warn global supplies may not meet electric vehicle demand

By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal to meet the world’s aggressive electrification timelines. Once a niche metal used primarily in ceramics and pharmaceuticals, lithium is now one of the…

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Argentina seeks Biden’s support in debt talks with ‘inflexible’ IMF

By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has directly asked U.S. President Joe Biden for support in the country’s talks with the International Monetary Fund (IMF) to revamp its $44 billion debt deal, in a letter signed by regional leaders from Brazil, Mexico and elsewhere. The South American nation, battling dwindling foreign currency reserves, 100%-plus inflation…

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Bolsonaro clings to his political future as electoral court case begins

By Ricardo Brito BRASILIA (Reuters) -Former Brazilian President Jair Bolsonaro’s future in office hung in the balance on Thursday, as the country’s federal electoral court (TSE) began a trial that could leave him in the political wilderness for nearly a decade. Bolsonaro, a far-right nationalist who in October narrowly lost Brazil’s most fraught election in…

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Exclusive-Fast-fashion giant Shein plans new Mexico warehouse in Latin America push

By Daina Beth Solomon MEXICO CITY (Reuters) – Fast-fashion giant Shein is seeking more warehouse space in Mexico as it expands e-commerce operations in the country, part of the company’s budding plans to gain a bigger foothold in Latin America, said three people familiar with the project. The Singapore-based retailer that was founded in China…

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Mexican president pushes new Labor Minister to resolve Grupo Mexico conflict

By Daina Beth Solomon MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday said he will ask incoming Labor Minister Marath Bolanos to meet with mining company Grupo Mexico and a top union leader to attempt to resolve labor disputes stretching back more than a decade. Grupo Mexico, a conglomerate controlled by…

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Mexico’s ‘super peso’ keeps gaining, but exports will likely suffer

By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency has reached its highest value versus the U.S. dollar in seven years, as the president celebrates its strength but analysts warn of harmful side effects on exports and remittances. The Mexican peso is among the top-performing currencies this year with a 12% surge against the…

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