(Reuters) – Colombia and Venezuela have reached an agreement to search for remains of victims who were killed by paramilitaries during Colombia’s internal armed conflict and reportedly buried in Venezuela, Colombia President Gustavo Petro said on Tuesday. The agreement follows recent confessions before the Special Jurisdiction for Peace (JEP) tribunal by former paramilitary commander Salvatore…
By Anthony Boadle and Leonardo Benassatto BRASILIA/SAO PAULO (Reuters) – Brazil’s lower house of Congress approved on Tuesday night a bill to limit the recognition of new Indigenous reservations, a decision seen by environmentalists and human rights advocates as a setback after intense pressure from the farm lobby. The approval, by 283 votes to 155,…
By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) – Divergent views on Venezuela surfaced during a South American leaders’ summit on Tuesday hosted by Brazil’s President Luiz Inacio Lula da Silva as part of his efforts to unite the region’s development and give it a stronger voice internationally. Lula urged South America’s 12 countries to…
SANTIAGO (Reuters) – Chile hopes to start negotiations soon with Albemarle as part of the government’s plan to gain majority control of lithium mining projects, Mining Minister Marcela Hernando said on Tuesday. The plan was launched in April to acquire control of new strategic projects and the company’s current operations in the Atacama. “They (Albemarle)…
BOGOTA (Reuters) – Colombia’s central bank could call time on its upward monetary cycle after inflation in Latin America’s fourth-largest economy slowed in May, bank board chief Leonardo Villar said on Tuesday. Villar also forecast high profits for the bank in 2023. The monetary authority has hiked its benchmark interest rate by 1,150 basis points…
BRASILIA (Reuters) – Brazil’s central government primary budget surplus dropped by 48.3% in April in real terms from the same period last year, Treasury figures showed on Tuesday, on the back of increased spending. The central government, including the Treasury, central bank, and social security, recorded a primary surplus of 15.604 billion reais ($3.12 billion)…
BRASILIA (Reuters) – Brazil’s newly introduced fiscal framework is stricter than they appear and will require a discussion of important spending cuts, Gabriel Galipolo, the executive secretary of the Finance Ministry, said on Tuesday. Lawmakers in the lower house of Congress last week passed the main text of legislation that is set to replace the…
SAO PAULO (Reuters) – Brazilian private equity firm Patria Investments Ltd raised 591.73 million reais ($118.27 million) in a secondary offering to sell shares in local gym chain SmartFit, a securities filing showed late on Monday. The offering of 32.6 million shares was priced at 18.15 reais each, a 1.5% discount to SmartFit’s closing price…
By Nelson Renteria SAN SALVADOR (Reuters) – A court in El Salvador sentenced former President Mauricio Funes and his justice minister to more than a decade behind bars for their ties to criminal groups and failure to comply with duties, the attorney general’s office said on Monday. Funes was sentenced to 14 years and his…
By Curtis Williams (Reuters) -The Trinidad and Tobago government accepted bid recommendations for six of eight onshore oil and gas exploration blocks, people close to the matter said on Sunday, setting the stage for awards to be disclosed as soon as this week. The Caribbean nation has pushed to expand exploration to counter declines in…
