BRASILIA (Reuters) -Brazil’s Senate economic affairs committee gave its approval on Wednesday to new fiscal rules proposed by President Luiz Inacio Lula da Silva’s government, marking another step forward for the measure deemed crucial in curbing uncontrolled growth of the public debt. The committee voted 19-6 to approve the bill, which now awaits a vote…
BOGOTA (Reuters) – Colombia’s Senate voted down a measure to approve the sale of recreational cannabis to adults late on Tuesday, although supporters including the government of leftist President Gustavo Petro said they would continue to pursue legalization. The South American country already allows some cannabis derived products, such as oils and creams, to be…
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian planemaker Embraer is returning to China with a deal to convert passenger jets into freight aircraft with a local partner in the northwestern city of Lanzhou, the company said on Wednesday. Anticipation of new business in China has been high since President Luiz Inacio Lula da Silva’s…
MEXICO CITY (Reuters) – A previously unknown ancient Maya city has been discovered in the jungles of southern Mexico, the country’s anthropology institute said on Tuesday, adding it was likely an important center more than a thousand years ago. The city includes large pyramid-like buildings, stone columns, three plazas with “imposing buildings” and other structures…
SAO PAULO (Reuters) – The president of Brazil’s securities watchdog CVM on Tuesday urged employees from Americanas with information about the retailer’s alleged multi-billion-dollar fraud to give testimony in exchange for potential plea deals. “I would like to encourage you to collaborate with the CVM, because (those involved) will certainly be identified,” CVM chief Joao…
BOGOTA (Reuters) – Thousands of anti-government demonstrators marched through Colombia’s major cities on Tuesday to protest the economic and social reforms pushed by the government of leftist President Gustavo Petro. Petro, who took office last August as Colombia’s first left-wing president, won election on promises to cut poverty and inequality and also roll out a…
By Rodrigo Campos and Nelson Bocanegra NEW YORK (Reuters) – Colombia will continue to extract fossil fuels for “much longer” until it has other exports to replace that revenue, while considering diversifying its financing with carbon credits and green bonds, Finance Minister Ricardo Bonilla said on Tuesday. Oil and coal are the South American nation’s…
HAVANA (Reuters) – A delegation of high-level Cuban officials wrapped up an extended visit to Russia, according to state-run media reports on Tuesday, following up on the nearly 30 trade agreements signed between the allies in Havana in May. Longtime political allies Cuba and Russia – both subject to U.S. sanctions – have sharply increased…
LIMA (Reuters) – Peruvian police arrested an ex-prime minister on Tuesday for allegedly conspiring against the state and joining an attempted “coup” by ousted former President Pedro Castillo, in the latest criminal case targeting a politician in the country. Former Prime Minister Betssy Chavez was detained at her home in the southern city of Tacna…
LONDON (Reuters) – Secretary of State Antony Blinken said on Tuesday that the United States would have deep concerns about Chinese military activities in Cuba, after the Wall Street Journal reported that Beijing was planning a new training facility there. Speaking at a press conference in London after wrapping up a trip this week to…
