Latin Financial News

Subscribe to enjoy similar stories. BOGOTA, Colombia—Almost a decade ago, the most powerful rebel group Latin America had ever seen agreed to lay down its weapons and end its fight to overthrow the Colombian state. The accord with Colombia’s government earned a Nobel Peace Prize for then-President Juan Manuel Santos.

Subscribe to enjoy similar stories. In his inauguration speech Donald Trump promised that, in his administration, “we will not forget our constitution." Before the day was over, Mr Trump had signed an executive order that, if implemented, would apparently end birthright citizenship, which is guaranteed by the 14th Amendment to the constitution. According to the plain text of the amendment, “all persons born or naturalised in the United States, and subject to the jurisdiction thereof, are citizens of the United States." It doesn’t mean what it appears to mean, Mr Trump claims.

SIAM data.

Subscribe to enjoy similar stories. One of the many legacies of Donald Trump’s first trade war with China is that pigs in the country now have a more varied diet. In response to Mr Trump’s tariffs on Chinese goods in 2018, China imposed a 25% levy on American farm products.

US Secretary of State Marco Rubio is set to visit Panama as part of his trip to Latin America, expected to begin late next week.

Subscribe to enjoy similar stories. President-elect Donald Trump’s reasons for wanting control of the Panama Canal can be found at either end of the interoceanic waterway. Every day, dozens of cargo ships pass by blue cranes at a port near the Pacific Ocean entrance, the towering skyline of Panama City visible across the horizon.

In the fifteenth annual letter to his clients, Terry Smith, the manager of the £22.7bn Fundsmith Equity strategy, said the fund disposed of its holdings in Diageo, «which we had owned since inception». This came following «problems with [Diageo's] new management, shown by a lack of information about its Latin American business», Smith said, which resulted in poorer performance compared to the sector in this area. Fundsmith's profit decline forces Terry Smith to take second pay cut «Moreover, we suspect the entire drinks sector is in the early stages of being impacted negatively by ...

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The Bank of Nova Scotia has signed an agreement to sell its operations in Colombia, Costa Rica and Panama as it looks to boost efficiencies and reorganize its Latin American businesses.

This year, the same theme has languished at the bottom of the returns tables, as my colleague Sorin Dojan discovered. US equity funds deliver top performance in 2024 while Latin America and energy suffer In his analysis of the open-ended sector, global and clean energy trackers were among the biggest losers of the year, joined by rival trackers in the commodity space. Ben Yearsley, director at Fairview Investing, said: «Energy transition-related investments are having a torrid time,» adding: «It does not pay to be clean and green currently.» Going back to 2020 and the ESG boom, ...

The Venezuelan opposition leader who the United States recognized as the winner of last year's presidential election has kicked off a tour of Latin America

Analysing the total return across the investment fund universe for the past 12 months, the Alger Focus Equity fund topped the year with 56.3% delivered, according to data from FE fundinfo. The strategy, which invests completely in North American equities, has 49 holdings, with the largest holdings being Nvidia (11.6%), Microsoft (10.2%), and Amazon (5.6%), all part of the Magnificent Seven. «Looking at markets now and it was a good year all round for equities,» said Ben Yearsley, director at Fairview Investing. «Clearly AI and tech were the key drivers but there were solid returns in ...

Keith Rowley's office on Monday, followed a weekend of particularly bloody violence. As reported by The Guardian, five men were fatally shot in an estate near the capital, Port of Spain, and a 57-year-old woman was killed while collecting her son from a hospital in San Fernando.

«We do expect some bullish factors still to play out like Ramzan, but we are expecting big Latin American soybean oil crops so that will moderate the bullishness,» says Nadir B Godrej, CMD, Godrej Industries. Let us discuss what has happened in October to November and that is the surge in the palm oil prices. They had surged a bit, but then there has been a bit of a volatility. They have corrected a bit of late as well. What is the sense on the prices going forward? Are they expected to be as volatile or what are the levels that you are watching out for? Nadir B Godrej: This has been a very unusual situation because palm oil has had a huge premium over soybean oil, which we have not seen in the past. It was always a discounted oil, but it is in high demand nowadays for both biodiesel as well as for speciality fats and that is keeping palm oil at a premium to the other oils. It was even at a premium to rapeseed oil and sunflower oil for a while and a big premium to soybean oil.

Panama Canal and his expansionist declaration that the United States should own Greenland signals that the incoming U.S. president will pursue a foreign policy unbound by diplomatic niceties.

Boston is planning to renovate a crumbling stadium in one of the city's most diverse neighborhood for its new professional women's soccer team

Paraguay expelled the eminent Chinese diplomat Xu Wei from the country pretty recently while accusing him of interfering in its domestic affairs and urging the nation to sever its long-standing ties with Taiwan, reported CNN. According to CNN, the Paraguayan Ministry of Foreign Affairs declared Xu Wei as persona non grata while totally revoking his visa and gave him just 24 hours to leave the country. Xu Wei was originally in Paraguay for a UNESCO meeting but eventually caused a diplomatic stir by visiting Congress where he reportedly pressured the lawmakers to choose between China and Taiwan while stating that ‘It is either China or Taiwan’. Paraguay is one of only 12 unique countries globally that actually recognizes Taiwan as a sovereign state and it still remains the sole supporter in South America, asserted CNN. The Paraguayan government has resisted all kinds of pressure from Beijing while at the same time several Latin American nations have already switched their allegiance from Taiwan to China in recent years.

A twice-yearly shot that prevents HIV infections will be available at low cost in 120 poor countries

Paraguay’s foreign minister says his country is committed to its relationship with Taiwan and has no plans to break off their diplomatic relationship in favor of China as he visited the increasingly isolated island

Subscribe to enjoy similar stories. Morgan Stanley discovered last year that a yearslong brokerage customer had been convicted in 2005 in a U.S. court—for lying about terrorism investigations—and had links to al Qaeda bombings of U.S.

Subscribe to enjoy similar stories. RIO DE JANEIRO : As Xi Jinping prepares for a thorny trade relationship with President-elect Donald Trump, he is cultivating a rapport with someone he calls a like-minded good friend, Brazilian President Luiz Inácio Lula da Silva. The populist leftist shares Xi’s goals of checking America’s global economic dominance.