LIMA (Reuters) – Peru’s inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May, government data showed on Thursday, but the rate of creeping consumer prices still came in above the 0.25% estimated by a Reuters poll. The slight uptick for inflation in May slowed from 0.56% in April,…
CAPE TOWN (Reuters) – The BRICS Summit of heads of state will be held in Johannesburg in August, Foreign Minister Naledi Pandor said on Thursday, after speculation that it could be held elsewhere. (Reporting by Wendell Roelf and Nellie Peyton; Writing by Bhargav Acharya)
By Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm’s plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade….
By Maria Carolina Marcello BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has suffered a major defeat over important legislation protecting the Amazon rainforest and the Indigenous people who live in it, and he has had to cut his losses in a conservative Congress. Lawmakers backed by the powerful farm lobby in this…
By William Schomberg LONDON (Reuters) – One year after British reporter Dom Phillips was murdered in Brazil while working on a book about saving the Amazon rain forest, a group of journalists aims to complete the project, his family and former colleagues said on Thursday. “How to Save the Amazon: Ask the People Who Know”…
BRASILIA (Reuters) – Brazil’s supreme court voted on Wednesday to sentence former President Fernando Collor de Mello to 8 years and 10 months in prison on corruption and money laundering charges. The Brazilian prosecutor’s office accused Collor, 73, of having received around 30 million reais ($6 million) in bribes from a subsidiary of state-run oil…
(Reuters) – Argentina’s economy ministry is analyzing the launch of a voluntary asset conversion operation, it said in a statement on Wednesday, aiming to bring some relief to ailing government finances. In its statement following a meeting between the ministry’s finance chiefs and bank representatives, the ministry said the operation would seek to continue ordering…
By Brendan O’Boyle and Isabel Woodford MEXICO CITY (Reuters) -Mexico’s central bank on Wednesday signaled it would hold the benchmark interest rate at its current all-time high for an extended period of time to bring inflation down to its target range. “To achieve orderly and sustained convergence of headline inflation to the 3% target, the…
By Kanishka Singh WASHINGTON (Reuters) – The United States has asked Mexico to review whether workers at a Draxton facility in the Mexican city of Irapuato were being denied the rights to freedom of association and collective bargaining, the office of U.S. Trade Representative Katherine Tai said on Wednesday. Since the U.S.-Mexico-Canada agreement on trade,…
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – Argentina will no longer require a prescription to obtain emergency contraception, commonly known as the ‘morning after pill’, the government said on Wednesday, broadening reproductive rights in the traditionally conservative South American country. The Catholic country and homeland of Pope Francis approved a law allowing abortion up to…
