Argentina could be back in the economic doldrums if it defaults on Wednesday, a key player in its 2010 debt restructuring told CNBC.» Read More
RIO DE JANEIRO— Nivea dos Santos got her first job as a live-in maid at age 12, dusting, vacuuming, ironing and polishing the silver of a wealthy Rio de Janeiro family from dawn until she'd fall, exhausted, into bed. More than two decades later, Brazil has passed legislation aimed at preventing such abuses.
Aug 21- For other related diaries, please. NEW DELHI- Indian Finance Minister Arun Jaitley will attend a banking event in New Delhi. NEW DELHI- RBI Deputy Governor Rama Subramaniam Gandhi will participate in a panel discussion on G20- 0830 GMT.
SAO PAULO, Aug 20- Thrust by tragedy into the center of Brazil's presidential race, environmentalist Marina Silva is riding a groundswell of anti-establishment anger but her chances hinge on expanding her coalition and winning over mainstream voters and business leaders.
An acceleration could leave Argentina facing claims of up to $30 billion, more than the government holds in foreign reserves.
CARACAS, Venezuela— Come to Venezuela and you might get a longer trip than you bargained for. The U.S. Embassy in Caracas issued an advisory Tuesday urging Americans to be careful when traveling to Venezuela because of the steep drop in airline service to the South American country.
BUENOS AIRES, Argentina— Argentina will make its next round of scheduled debt payments, the economy minister said Wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a U.S. court that forced the country into default last month.
SAO PAULO/ RIO DE JANEIRO, Aug 20- Brazil cut the amount of capital that commercial banks must put on compulsory deposit with the central bank in an effort to free up more capital for loans and boost a stagnant economy, the bank said in a statement on Wednesday.
BRASILIA, Aug 18- Marina Silva's entry into Brazil's presidential race will almost certainly force the October election into a second-round runoff and the environmentalist could even unseat President Dilma Rousseff, according to a poll released on Monday.
BRASILIA, Aug 15- Environmentalist Marina Silva could defeat President Dilma Rousseff if Brazil's October election goes to a second-round run-off, according to a new poll that saw the challenger entering the race in second place.
BRASILIA, Aug 15- Environmentalist Marina Silva will enter Brazil's presidential race in a strong second place, backed by 21 percent of voters, and could overtake President Dilma Rousseff in a second-round runoff, a poll showed on Monday.
BOGOTA, Colombia— Two years after Bogota's leftist mayor suspended bullfights at the capital's history-steeped bullring, a clutch of apprentice matadors is pressing for their reinstatement with a hunger strike.
SAO PAULO, Aug 15- Whichever way Brazil's steel industry looks it sees pain. "Only a crazy person would invest in Brazil right now," CSN Chief Executive Benjamin Steinbruch told a conference in Sao Paulo this week.
BUENOS AIRES, Aug 15- Major world food supplier Argentina will send a trade delegation to Russia next week to try to increase exports to the country, which this month banned many Western products in response to sanctions over its intervention in Ukraine.
Portugal's Galp and Spain's Repsol, more exposed than most to lucrative exploration zones deep under Brazil's seabed, as well as France's Total on Angola exposure, are seen as the pick of the bunch as BP and Royal Dutch Shell suffer from weak exploration results.
PANAMA CITY— It was supposed to be a grand celebration of the engineering triumph that forged a nation.
BUENOS AIRES, Aug 14- Argentina's government will use an anti-terrorism law for the first time to seek criminal charges against a U.S.-based international printing firm which closed its Argentine plant without warning, the president said on Thursday.
SAO PAULO, Aug 14- Brazilian homebuilder MRV Engenharia e Participacoes SA beat profit expectations for the second quarter as demand for low-income housing remained robust while the negative impact from older, less profitable projects diminished.
BUENOS AIRES, Argentina— The government of Argentina will seek criminal charges against representatives of a U.S.-based global printing company that abruptly shuttered its plant in the South American country, the president said Thursday.
SAO PAULO, Aug 14- Brazilian juice maker Cutrale and the Safra Group, a banking and real estate conglomerate, said late on Thursday they were "extremely disappointed" that the board of Chiquita Brands International Inc rejected their takeover offer, adding that they are "considering all alternatives."
BUENOS AIRES, Aug 14- Argentina branded the hedge funds suing the country over their debt holdings an "international mafia" on Thursday after talks to bring a swift end to its latest default collapsed and sent Argentine bond prices tumbling.