EU, Mercosur see little trade deal progress at inter-region summit

BRUSSELS (Reuters) – Next week’s summit of leaders from the European Union, Latin America and the Caribbean is unlikely to unlock a proposed EU-Mercosur free trade agreement, officials from both sides said on Friday. More than 50 leaders are expected to attend the EU-CELAC (Community of Latin American and Caribbean States) summit in Brussels on…

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Santander expanding investment bank in US and UK, sources

By Jesús Aguado, Andres Gonzalez and Iain Withers MADRID/LONDON (Reuters) – Santander is accelerating growth of its investment bank by hiring at least 50 bankers primarily in the United States, two people with knowledge of the matter told Reuters. Spain’s biggest bank is best-known as a retail lender in Europe and Latin America, but wants…

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Venezuelan diplomat jailed in Kenya for 20 years for envoy’s murder

NAIROBI (Reuters) – A Kenyan court on Friday sentenced a former top Venezuelan diplomat to 20 years in jail over the 2012 murder of the Latin American nation’s acting ambassador at her home in an upmarket Nairobi neighbourhood. Dwight Sagaray, who was the first secretary at the embassy, was convicted, along with three Kenyan nationals,…

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Brazil to renegotiate low-income debt using state guarantees from September

BRASILIA (Reuters) -Brazil is to launch a debt renegotiation program for millions of lower-income individuals using state guarantees in September, fulfilling a campaign promise of leftist President Luiz Inacio Lula da Silva. About 71.9 million people in Latin America’s largest economy have been blacklisted, according to credit bureau Serasa, after families’ budgets were strained by…

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Cuba vows to take part ‘very constructively’ in EU summit with Latin America, Caribbean

By Catarina Demony and Miguel Pereira LISBON (Reuters) – Cuban President Miguel Diaz-Canel promised on Friday his country would take part “very constructively” in a European Union summit next week with Latin America and the Caribbean, just days after the EU’s parliament called for sanctions against him. Diaz-Canel met his Portuguese counterpart Marcelo Rebelo de…

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World Court backs Colombia in maritime border dispute with Nicaragua

(This July 13 story has been refiled to change the pronoun used to quote the judge, to she, from he, in paragraph 3) AMSTERDAM/BOGOTA (Reuters) – The World Court on Thursday rejected a lawsuit by Nicaragua seeking to define and expand its deep sea economic rights beyond those previously established in a long-running maritime border…

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