BRASILIA, Aug 26- A surging Marina Silva has narrowed President Dilma Rousseff's lead in Brazil's presidential race, a new opinion poll showed on Tuesday, paving the way for a likely second-round runoff in which the popular environmentalist looks well-positioned to win.» Read More
BNY Mellon, a financial intermediary between the Argentine government and its bond investors, in June held onto a $539 million interest payment owed to bondholders on the orders of a U.S. court. The Argentine government argued it had met its debt obligations and urged holders of exchange debt to pursue BNY Mellon for payment.
WASHINGTON, Aug 26- The United States is set to slap import duties of up to 17.01 percent on the price of Mexican sugar after a preliminary decision on Tuesday, a source close to the case said.
COMMERCE DEPT SETS PRELIMINARY ANTI-SUBSIDY DUTIES ON MEXICAN SUGAR FROM TALA AT 2.99 PCT- SOURCE CLOSE TO CASE.
BUENOS AIRES, Argentina— Bank of New York Mellon, which has played a central role in the legal dispute that pushed Argentina into default last month, is no longer authorized to operate in the South American country, the government said Tuesday.
SAN JUAN, Puerto Rico— Hurricane Cristobal hurled heavy rains across Atlantic and Caribbean islands on Tuesday as it headed toward Bermuda, and officials said the storm already had caused at least five deaths. The storm had maximum sustained winds of 75 mph, but it was expected to strengthen slightly by Thursday after passing northwest of Bermuda.
Brazilian markets have gone bullish on the recent surge of a candidate who could knock Dilma Rousseff out of the presidency in October.
Victor Benavides, Latin America analyst at Mirabaud Asset Management, says Latin American equities have outperformed putting the region "back on the radar" for investors.
GUATEMALA CITY— The Guatemalan government has declared a state of emergency in 16 of the country's 22 provinces because of a drought that has caused major agricultural losses in Central America. Agriculture Minister Elmer Lopez said Monday that as of last week more than 236,000 families had been affected mainly in western and central Guatemala.
LIMA, Peru— Enrique Zileri, who as longtime director of Peru's leading newsmagazine defied despotism and battled corruption with stubborn independence, died Monday at age 83..
BERLIN/ PARIS, Aug 25- The euro zone's flat-lining economy took another hit on Monday when data showed German business sentiment sagging for the fourth month running, while a row over the lack of growth led the French government to resign.
MADRID— German Chancellor Angela Merkel says her country will back Spanish Economy Minister Luis de Guindos's candidacy to be the next head of the Eurogroup, the gathering of eurozone finance ministers that sets important policies for the currency union.
The Monterrey- based company will also dramatically ramp up its electricity generation over the next five years in the wake of a major energy sector overhaul, Raul Millares, Alfa's energy director, said in an interview. "Alfa sees very favorably our ability to develop business here in Mexico in the areas of oil and gas," Millares said.
Left-leaning President Cristina Fernandez unveiled on Tuesday measures that would see the South American country make payments on debts held under foreign legislation in Argentina and push bondholders to bring their notes under Argentine law.
MEXICO CITY— Mexico launched a special 5,000- strong police force Friday to combat industrial, farm and business crime that has extended throughout the country's economy, strangling commerce in some regions. In some cases, like the western state of Michoacan, the cartels and gangs cut down trade so much that "even the barbershops weren't serving customers.
SAO PAULO/ BRASILIA, Aug 22- Many of Brazil's biggest retailers, homebuilders and carmakers are cutting jobs as Latin America's largest economy teeters on the edge of recession, a fresh blow to President Dilma Rousseff's re-election bid.
Raised in California from the age of 5, he was deported to Mexico in 2011 and found himself in a land he barely knew. But the 34- year-old Tijuana native feels right at home as soon as gets to work at Call Center Services International, where workers are greeted in English.
The agricultural losses are largely in corn and beans, basic staples of the region's diet, the United Nations' World Food Program and the Food and Agriculture Organization said in a joint statement.
But the judge declined to hold Argentina in contempt despite the urging of the two leading holdout creditors, saying such a finding would not "add anything to the scales" to encourage a settlement.
CARACAS, Venezuela— Venezuelans could soon have to scan their fingerprints to buy bread. President Nicolas Maduro says a mandatory fingerprinting system is being implemented at grocery stores to combat food shortages by keeping people from buying too much of a single item.
HOUSTON/ CARACAS, Aug 21- Venezuela's shipments of crude oil and fuel to its allies have fallen to a five-year low as a weak economy hits its ability to uphold accords that former President Hugo Chavez struck to lower energy costs for friends and expand his diplomatic clout.