World Markets Latin America

  • BRASILIA, Jan 23- The Brazilian government's interest payment bill on the national debt could fall by 417 billion reais over the course of its four-year term ending in 2022, by which time the primary budget deficit could also be completely eliminated, a senior Economy Ministry official said on Thursday. The fall to a record low 4.5% in the central bank's...

  • BRASILIA, Jan 23- The Brazilian government's interest payment bill on the national debt could fall by 417 billion reais over the course of its four-year term ending in 2022, by when the primary budget deficit could also be completely eliminated, a senior Economy Ministry official said on Thursday.

  • *Guyana expecting next licensing round in Q2 2021. GEORGETOWN, Jan 23- Guyana's government next month plans to begin a search for an oil company or trading firm to market its share of the South American country's crude, the director of the Department of Energy, Mark Bynoe, said in an interview. The finds are set to transform the economy of Guyana, an impoverished...

  • *Brazil to start discussions on joining OPEC in July. Jan 22- Brazilian stocks and the real led gains across Latin America on Wednesday as the country looks to start discussions on joining OPEC, while most regional assets rose amid waning concerns over a Chinese virus. Brazilian Energy Minister Bento Albuquerque said Brazil will begin talks on joining the...

  • SAO PAULO, Jan 22- As harvesters start collecting Brazil's most prized agriculture commodity, soybeans, yields and output in the fields of Mato Grosso are positively surprising farmers, according to observations from an analyst at Agroconsult who traveled in the region last week. Agroconsult has estimated Mato Grosso would produce some 34 million tonnes of...

  • BUENOS AIRES, Jan 22- Argentine sovereign and provincial bonds dipped on Wednesday as the provincial government in Buenos Aires was forced to extend a deadline for creditors to agree or reject a plan to delay a $250 million bond repayment originally due on Jan. 26. Ilya Gofshteyn, a senior emerging markets strategist at Standard Chartered Bank, said that if...

  • WASHINGTON, Jan 22- At a lavish August gathering at a private estate in Spain, a wealthy Venezuelan businessman under criminal investigation in the United States introduced Rudy Giuliani, President Donald Trumps personal lawyer, to the father of Venezuelas opposition leader, Juan Guaido. Betancourt told Giuliani he secretly helped bankroll Guaidos efforts...

  • MONTREAL/ SYDNEY/ WASHINGTON Jan 21- Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended pilots be trained in one of the few simulators replicating the latest model. On Jan. 7, the company had recommended using a simulator but did not specify what type.

  • BOGOTA, Jan 21- Colombian police clashed with small numbers of protesters and some public transport infrastructure was damaged in Bogota on Tuesday after a renewal of demonstrations. The "immense majority" of the demonstrations on Tuesday were peaceful, Bogota mayor Claudia Lopez told journalists in an evening press conference, with 16 of 20 gatherings...

  • BUENOS AIRES, Jan 21- Argentina's new government is seeking to push through legislation to help solve a mounting debt crisis as the country struggles to make repayments to global creditors. Economy Minister Martin Guzman said a "debt sustainability" bill sent to Congress on Tuesday afternoon was aimed at creating a legal framework to improve debt terms,...

  • WASHINGTON, Jan 21- The United States on Tuesday blacklisted 15 aircraft belonging to Venezuelan state oil company Petróleos de Venezuela SA, or PDVSA, the latest in a series of actions targeting the socialist government of Venezuelan President Nicolas Maduro. Treasury said PDVSA aircraft have also been used to transport senior members of the Maduro...

  • RIO DE JANEIRO, Jan 21- Brazilian state prosecutors on Tuesday charged Fabio Schvartsman, the former chief executive of mining giant Vale SA, and 15 other people with homicide for a dam disaster last year that killed more than 250 people, according to the charging document seen by Reuters. The collapse of the Vale tailings dam on Jan. 25, 2019 in the town of...

  • LIMA, Jan 21- Peru is planning to award infrastructure projects via public-private partnership worth around $2.344 billion by the end of President Martin Vizcarra's government in mid-2021, the state investment promotion agency said on Tuesday. Rafael Ugaz, president of the body Proinversión, said during a presentation that the projects given the green...

  • BUENOS AIRES, Jan 21- Argentina's new government is seeking to push through legislation to help solve a mounting debt crisis as the country struggles to make repayments to global creditors. Economy Minister Martin Guzman said on Tuesday he would send a "debt sustainability" bill to Congress aimed at creating a legal framework to improve debt terms, interest...

  • BOGOTA, Jan 21- Colombia's imports rose 6.3% to $4.55 billion in November, from $4.27 billion in the same month the year before, the government's statistics agency said on Tuesday. Colombia registered a trade deficit of $1.66 billion in November, compared with a deficit of $925.5 million in the same period in 2018. November October September Change year-on-year...

  • BRASILIA, Jan 21- Brazil's right-wing government has entered 2020 doubling down on one of the principal economic policies that marked its first year in office: the controversial view that aggressively slashing spending will spur and accelerate economic growth. In a paper entitled "Expansionary fiscal consolidation in Brazil" published Dec. 31, it argued...

  • Jan 20- A vessel carrying about 1 million barrels of crude from Guyana set sail on Monday for the United States, according to vessel tracking service TankerTrackers.com, marking the tiny South American nation's long-awaited debut as a world oil exporter. The first cargo of Liza crude departed from the floating platform Liza Destiny off Guyana, operated by U.S....

  • CARACAS, Jan 18- The U.S. Treasury Department on Saturday granted permission for Chevron Corp, the last major U.S. oil company operating in Venezuela, to continue working in the country until April 22. The extension was a win for some Trump administration officials, including Secretary of State Mike Pompeo, who see value in keeping the company in Venezuela, which...

  • BUENOS AIRES, Jan 17- Argentina's economy ministry is planning a debt swap auction relating to Treasury bonds with a face value of over 214 billion pesos that would push back repayments as the South American nation looks to stave off a damaging default. Argentina is looking to restructure its local and foreign debt, which the government has said it is unable to...

  • GEORGETOWN/ HOUSTON, Jan 17- The first-ever cargo of Guyana's crude for export is scheduled to begin loading this weekend so the oil can be processed at Exxon Mobil's refining system, the company told Reuters on Friday. The Exxon-led consortium has discovered more than 6 billion barrels of recoverable oil and gas resources off Guyana's coast, which could...