WASHINGTON (Reuters) – The U.S. on Wednesday extended for three months a license that protects Venezuela-owned oil refiner Citgo Petroleum from creditors trying to seize its assets to recoup pending debts. U.S. protections on the Houston-based refiner have prevented bondholders and other creditors from moving ahead on billions of dollars in claims against Venezuela issued…
SAO PAULO (Reuters) – Brazil’s Treasury Secretary Rogerio Ceron said on Wednesday that a new fiscal framework proposed by the government was designed to last for a long time, facing different economic and political cycles. “It is a sustainable path, unlike past solutions that had an expiration date,” Ceron said in an interview with GloboNews,…
SAO PAULO (Reuters) – Industrial production in Brazil fell for the third consecutive month in February, government statistics agency IBGE said on Wednesday, with the sector still below pre-pandemic levels as it struggles to gather steam. Output dropped 0.2% in February from January, below the median estimate of a 0.1% decline in a Reuters poll…
By Anthony Boadle BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Tuesday condemned the violation of Ukraine’s territorial integrity by Russia and again called for mediation to end the war, a peace initiative that was criticized by the Ukrainian government. Speaking at a lunch with Romanian President Klaus Iohannis, Lula said a group…
By Sarah Morland (Reuters) – U.S. guns, many of them exported legally, are flowing into Latin America in an “iron river” ending in the hands of drug cartels and abusive security forces, activists said Monday, calling for greater oversight from U.S. law and federal agencies. More than half of “crime guns” recovered and traced in…
SAN SALVADOR (Reuters) – Police in Mexico City arrested one of the most wanted leaders of the notorious Mara Salvatrucha gang accused of multiple crimes in the United States, officials said on Tuesday, in a fresh blow to one of Central America’s most violent criminal groups. Jose Wilfredo Ayala, 55, was arrested after a tip…
By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Tuesday ordered JPMorgan Chase & Co CEO Jamie Dimon to set aside two days for depositions about what he knew about the bank’s relationship with sex offender and former client Jeffrey Epstein. The largest U.S. bank faces lawsuits seeking damages by women who claim…
By Mrinmay Dey (Reuters) -Teck Resources Ltd has been approached by Vale SA, Anglo American Plc and Freeport-McMoRan Inc among others to explore deals for its base metals business if the Canadian copper miner goes ahead with a planned split, sources close to the matter told Reuters on Sunday. The approaches from more than six…
KARUIZAWA, Japan (Reuters) – The United States is able to move forward with its relationship with China following President Joe Biden’s meeting with leader Xi Jinping last year, but that requires Beijing to make clear its own intentions, Washington’s top diplomat said on Tuesday. U.S. Secretary of State Antony Blinken made the comment at a…
MEXICO CITY (Reuters) – Members of Mexico’s National Guard are suspected of killing two civilians this weekend in the northern border city of Nuevo Laredo, including a pregnant teenager, a state official and local media said on Monday. The shooting was likely due to a mix-up because a vehicle with gunmen in it had been…