• Sandy forms into category 1 hurricane - NHC Wednesday, 24 Oct 2012 | 3:14 PM ET

    Oct 24- Sandy formed into a category 1 hurricane on Wednesday, and was located about 65 miles south of Kingston, Jamaica, and about 235 miles south-southwest of Guantanamo, Cuba, the U.S. National Hurricane Center said in its latest bulletin. ``The center of Sandy is expected to move near or over eastern Jamaica this afternoon and this evening, move over eastern Cuba tonight and Thursday morning, and approach the central Bahamas on Thursday,'' the NHC said.

  • Castro Health Rumors Swirl As Investors Eye Payout  Thursday, 18 Oct 2012 | 10:53 AM ET

    CNBC's Michelle Caruso-Cabrera reports the Cuban government has released a purported letter from Fidel Castro, amid rumors the former president's health is failing.

  • Family shocked at Bangladeshi's arrest in NY plot Thursday, 18 Oct 2012 | 8:55 AM ET

    The FBI arrested 21- year-old Quazi Mohammad Rezwanul Ahsan Nafis on Wednesday after he tried to detonate a fake 1,000- pound car bomb, according to a criminal complaint. "My son can't do it," his father, Quazi Ahsanullah, said as he wept in his home in the Jatrabari neighborhood in north Dhaka.

  • Uruguay takes historic step legalizing abortion Wednesday, 17 Oct 2012 | 6:33 PM ET

    MONTEVIDEO, Uruguay-- Uruguay's Senate voted to legalize first-trimester abortions for all women Wednesday in a groundbreaking measure that came with so many strings attached it left neither side in the bitter debate completely satisfied. That's a big step for Latin America, where only Cuba grants all women the right to abortions.

  • Uruguay takes historic step on abortion Wednesday, 17 Oct 2012 | 6:05 PM ET

    MONTEVIDEO, Uruguay-- Uruguay's Senate legalized first-trimester abortions for all women Wednesday in a groundbreaking measure that came with so many strings attached it left neither side in the bitter debate completely satisfied. That's a big step for Latin America, where only Cuba grants all women the right to abortions.

  • Legal path to US from Cuba still complicated Wednesday, 17 Oct 2012 | 2:33 PM ET

    WASHINGTON-- Cuba's surprise decision to make it easier for citizens to leave the country doesn't mean Cubans can book tickets on commercial planes and head for Miami. "This may end up being ado about nothing," said a Cuban-immigration expert, Jose Azel of the University of Miami's Institute for Cuban and Cuban American Studies.

  • Uruguay Senate legalizes abortion Wednesday, 17 Oct 2012 | 1:46 PM ET

    MONTEVIDEO, Uruguay-- The Uruguayan Senate voted 17-14 on Wednesday to legalize all first trimester abortions in a groundbreaking step in Latin America. The Senate had already approved a more liberal version of the proposed law, but concessions made to gain the votes of more socially conservative members of Uruguay's lower house forced a second vote.

  • Uruguay Senate engages in final abortion debate Wednesday, 17 Oct 2012 | 11:47 AM ET

    MONTEVIDEO, Uruguay-- Senators in Uruguay were debating Wednesday whether to legalize abortion, a groundbreaking step in Latin America, by accepting a compromise measure that has frustrated both sides of the bitter abortion debate.

  • Big investors are betting on regime change in Cuba Wednesday, 17 Oct 2012 | 11:38 AM ET
    Havana, Cuba, The Ministry of the Interior located in the Plaza de la Revolucion.

    Recent rumors that former leader Fidel Castro may be dead or on life support are leading to speculation that Cuba's sovereign long-unpaid bonds may finally be worth something.

  • Why One US Hedge Fund Wants a Piece of the Action Wednesday, 17 Oct 2012 | 10:31 AM ET
    The Cuban flag flying in Park Central in Havana.

    While other U.S. hedge fund managers want to own Cuban debt, no one has gone as far as Nathan Sandler, founder of a Los Angeles fund, in their attempts to achieve it.

  • Praise, skepticism as Cuba eases travel rules Wednesday, 17 Oct 2012 | 9:16 AM ET

    HAVANA-- For the first time since the height of the Cold War more than half a century ago, Cuba is giving its people the freedom to leave the country without government permission, scrapping the detested exit visa that kept many from traveling outside the communist nation for even a few days. said Mercedes Delgado, a 73- year-old retiree. "

  • Cuba scraps exit visa requirement Tuesday, 16 Oct 2012 | 10:15 AM ET

    A notice published in Communist Party newspaper Granma said Cubans will also not have to present a letter of invitation to travel abroad when the rule change takes effect Jan. 13, and beginning on that date islanders will only have to show their passport and a visa from the country they are traveling to.

  • Coca-Cola's 3Q should show shifting trends Friday, 12 Oct 2012 | 8:15 AM ET

    NEW YORK-- The Coca-Cola Co. should give investors a snapshot of the ever-shifting geographic and product mixes that are fueling growth for the world's biggest beverage maker when it reports its third quarter results Tuesday. WHY IT MATTERS: Coca-Cola sells its products in nearly every corner of the globe _ Cuba and North Korea are the exceptions.

  • Venezuela's new VP to be key figure for Chavez Thursday, 11 Oct 2012 | 2:06 PM ET

    CARACAS, Venezuela-- A mustachioed former bus driver who rose to become his country's top diplomat has emerged as the vice presidential pick of President Hugo Chavez as the Venezuelan leader prepares to launch a six-year term following two cancer operations.

  • Cuba closes hospitals amid health reorganization Wednesday, 10 Oct 2012 | 2:14 PM ET

    HAVANA-- Cuba shuttered hundreds of medical facilities last year, including 54 hospitals, as the country reorganizes its health care sector. Cuba is proud of the universal, free health system installed after Fidel Castro's 1959 revolution, but his younger brother and successor Raul Castro has stressed that medical care must be more efficient and less wasteful.

  • Jamaica Parliament honors former PM Edward Seaga Wednesday, 10 Oct 2012 | 10:03 AM ET

    KINGSTON, Jamaica-- The two houses of Jamaica's Parliament held a special joint sitting Tuesday to honor former Prime Minister Edward Seaga, a major player in national politics for decades and the only survivor of the leaders who drafted the constitution when the Caribbean island gained independence from Britain in 1962..

  • Brazil: Majority of top court convicts ex-top aide Wednesday, 10 Oct 2012 | 9:38 AM ET

    RIO DE JANEIRO-- The one-time right-hand-man of popular former Brazilian President Luiz Inacio Lula da Silva was found guilty on a corruption charge by a majority of 10 Supreme Court justices Tuesday, who ruled he orchestrated a widespread cash-for-votes scheme that came to light seven years ago.

  • EU lowers duties on China screws after WTO complaint Wednesday, 10 Oct 2012 | 8:00 AM ET

    BRUSSELS, Oct 10- The European Union said on Wednesday it had reduced the duties imposed on screws and bolts from China after the World Trade Organisation found flaws in the way they were initially calculated. China is a subject in 21 of the European Commission's 41 ongoing investigations into subsidies and dumping.

  • Chavez wins 6 more years in tightest race yet Monday, 8 Oct 2012 | 8:23 AM ET

    CARACAS, Venezuela-- President Hugo Chavez put to rest any doubts about his masterful political touch in winning a third consecutive six-year term after a bitterly fought race against a youthful rival who has galvanized Venezuela's opposition.

  • Germany's Merkel to visit Greece next week Friday, 5 Oct 2012 | 5:41 AM ET

    BERLIN-- German Chancellor Angela Merkel will travel to Greece next week for the first time since the debt crisis erupted to meet the country's prime minister _ who warned Friday that Athens will run out of money at the end of November if it doesn't receive the next part of its bailout loans.