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  • For Brazil, China premier's visit is timely: UBS   Monday, 18 May 2015 | 10:30 PM ET
    For Brazil, China premier's visit is timely: UBS

    Jorge Mariscal, regional CIO of emerging markets at UBS, says Chinese Premier Li Keqiang's visit comes at a time when Brazil is in dire need of foreign direct investments and private investments.

  • Why China is fostering closer ties with Latin America

    Don Hanna, Asia managing director at Hanna-Roubini Global Economics, outlines the economic motivations behind China's aim to foster stronger ties with Latin America.

  • SAO PAULO, May 18- Brazil's Usinas Siderurgicas de Minas Gerais S.A. will turn off two of its furnaces to reduce pig iron production by 120,000 tonnes per month and adapt the operation to lower demand in the steel market, the company said on Monday. Usiminas, as the company is known, said it will turn off the number 1 furnace at its Cubatao plant in Sao Paulo state and the...

  • Brazil is one of the world's biggest agricultural producers and its biggest buyer of pesticides, according to Phillips McDougall, a Scotland- based agricultural consultancy and research firm. Those manufacturers, prosecutors said, include the Brazilian units of BASF, DuPont, Monsanto, Nufarm, Syngenta, Adama, FMC and Nortox. During the inspection in Sapezal, a...

  • Unionized miners in Peru launch strike against law Monday, 18 May 2015 | 6:53 PM ET

    LIMA, Peru— Unionized workers have gone on strike at some of Peru's biggest mines to demand a law be struck down that they say hurts their earnings and bargaining power by promoting the use of contractors. Union federation secretary Marcos Sarca says at least 20,000 of the country's 70,000 unionized miners walked off the job Monday. Peru's mining sector employs...

  • Open-pit gold mine collapse in Guyana traps 10 miners Monday, 18 May 2015 | 11:33 AM ET

    GEORGETOWN, Guyana— An open-pit gold mine in remote southern Guyana has collapsed and buried up to 10 miners in debris. The collapse occurred Sunday in the densely forested Potaro-Siparuni Region near the border with Brazil. Miners Association President Patrick Harding said recent heavy rains have made the work especially treacherous.

  • COCACHACRA, Peru— A Mexican-owned mining company has proposed a 60- day halt in its huge copper mining project in southern Peru following nearly two months of escalating protests in which three people have been killed and more than 200 injured. Southern Copper Corp. President Oscar Gonzalez said in a statement Friday that the "pause" would let all sides air...

  • BRASILIA, May 15- Brazilian prosecutors said on Friday they have obtained court orders for the seizure of 980 million reais in assets of construction firms under investigation in a massive corruption scandal at state-run oil company Petrobras. A federal court ordered the seizure of 282 million reais in assets from one of Brazil's largest construction and...

  • CARACAS, May 15- Venezuela is pushing for a new agreement between OPEC and non- OPEC nations to stabilize oil prices, President Nicolas Maduro said on Friday, in the most serious indication yet of a renewed drive to boost prices back to $100 per barrel. "We're currently working on a deal that hopefully can materialize in June regarding an announcement between OPEC...

  • ATLANTA— Delta Air Lines CEO Richard Anderson leans back in his chair, smiles and explains why he's so happy. With a healthy balance sheet, Anderson, who just turned 60, is now focusing on a fight with government-backed Middle East airlines, building long-term partnerships with other international carriers and improving the onboard experience for passengers.

  • SAN QUINTIN, Mexico, May 15- Huddled around a single flickering candle in a tiny wood and cardboard shack on scrubland in Mexico's northwest, laborer Genaro Perfecto and his family prepared to bed down for the night on a bare earth floor. Since March, thousands of day laborers have blocked roads, staged marches and held meetings with lawmakers to protest the grind...

  • MEXICO CITY— Mexican farmworkers fighting low wages and poor working conditions in the border state of Baja California have reached an agreement with the government and their employers. Daily wages will go from 100 pesos to 200 pesos, workers will be added to the social security system and they will be allowed to unionize, according to a statement issued by...

  • Still hard to differentiate Colombia: CEO   Friday, 15 May 2015 | 1:45 AM ET
    Still hard to differentiate Colombia: CEO

    Juan Pablo Cordoba, CEO of Bolsa de Valores de Colombia, says Colombia is still finding it difficult to differentiate itself amongst a basket of Latin American and emerging market countries.

  • BUENOS AIRES, May 14- Argentina's closing soy prices and trends on Thursday:. *In the Rosario grains market, soy closed at 1,880 pesos per tonne, compared with 1,870 pesos per tonne in the previous session. The following is a list of grain and oilseed prices in Argentina's main ports; values from the previous session are in parentheses:.

  • NEW YORK— Emerging-market stock funds are making big moves again, and this time it's in the good way. Stocks from China, Brazil and other developing economies have a history of big swings, up and down. A resurgent Chinese market is helping to lead the way, and even formerly downtrodden markets like Russia have bounced higher.

  • Venezuela economy tanks amid pleas for 'libertad' Thursday, 14 May 2015 | 3:27 PM ET
    Leopoldo Lopez is escorted by the National Guard after turning himself in, during a demonstration in Caracas on Feb. 18, 2014.

    As the Venezuelan economy continues to hit new lows, the wife of an imprisoned opposition leader spoke in Washington against the ruling regime.

  • RIO DE JANEIRO, May 14- Brazilian President Dilma Rousseff said on Thursday that her government will maintain rules that mandate production-sharing contracts for the country's most promising areas and high national content requirements for the oil industry. "The local content policy is not something that can be set aside, it is central to my policy of...

  • CARACAS/ NEW YORK, May 14- A growing number of U.S. companies say they can't cope with Venezuela's sinking bolivar currency, prompting some of them to remove their operations in the South American nation from their consolidated financial reports. The restructuring moves can shield the financial results of parent companies such as batteries and razors maker...

  • Venezuelan currency tanks; inflation seen near 100% Thursday, 14 May 2015 | 9:48 AM ET
    A bank note with the face of Venezuela's President Nicolas Maduro and the word "devaluated" at a market in Caracas.

    Venezuela’s black market exchange rate weakened below a key level on Thursday, as the bolivar’s decline steepened in the face of hyperinflation and a rapidly shrinking economy.

  • Search for 15 trapped gold miners continues in Colombia Thursday, 14 May 2015 | 8:34 AM ET

    BOGOTA, Colombia— Scores of rescuers resumed the search for 15 gold miners missing and feared dead Thursday after the water poured into the underground shafts where they were digging. Yeison Gutierrez, 34, said he was able to save several colleagues because he was one of the few miners who knew how to swim. "I swam to the surface fighting against the water and the air...