Business
Castro regime restricts U.S. automobile exports to communist Cuba
This January new regulations of the regime came into force that make it difficult to import vehicles to the island
Business
The Latest
Business
Son of former YouTube CEO found dead in University of California dorm room
Marco Troper, 19, was found unconscious in a college dorm, possibly due to a drug overdose
Business
Dow Jones faces worst drop in nearly a year as inflation continues to grip U.S. economy
Most economists predicted inflation would see a 2.9% annual rate and a 0.2% monthly increase, but the U.S. Dept. of Labor’s monthly Consumer Price Index report indicated that U.S. prices increased 0.3% in January, putting inflation at an annual rate of 3.1%.
Business
U.S. threatens to renew oil sanctions against Venezuela after banning opposition leader from presidential election
María Corina Machado handedly won an October primary and is the opposition’s “unity candidate” to challenge Nicolas Maduro in the upcoming 2024 presidential election
Business
Milei to appeal Argentinian court ruling that suspended free market economic reforms
The reforms would have lengthened Argentina’s three-month worker probation to eight months, giving employers more latitude over their own hiring practices. They would also shorten pregnancy leave and decrease unemployment compensation payments for employees who were laid off.
Business
Argentina defies Russia and China, abandons plans to join BRICS bloc
Argentina was on the verge of official BRICS membership, scheduled for January 1, 2024, as a result of a robust campaign led by Brazilian President Luiz Inácio Lula da Silva
Business
Brazilian lawmakers approve Amazon highway for "critical infrastructure" and "national security" amid deforestation concerns
The new bill would allow the Brazilian government to use $1.3 billion from the Amazon Fund, which is backed by the U.S. and Western European allies
Business
Justice Department accuses Texas developer of targeting Hispanics with predatory loans and subpar housing
The Justice Department says Hispanics were targeted through the China sponsored social media platform TikTok by advertising with national flags from their home countries and popular Latin American music
Business
Japanese manufacturer Nippon Steel to acquire U.S. Steel for $14.9 billion
The Japanese steel company announced Monday that the deal would include absorbing U.S. Steel debt, and that it would acquire the Pittsburgh based entity for $55 a share
Business
Bukele's Bitcoin investments come into focus amid El Salvador's presidential election
El Salvador's president is celebrating after a Bitcoin reserve he bought with public money has entered the black amid the continuing Bitcoin price rise
Business
Panama Supreme Court caves to environmentalists, closes copper mine, nixes thousands of jobs in Latin America
The Cobre Panamá mine began producing copper provided an estimated 1% of the world’s copper supply, contributed for 3.5% of Panama's GDP in 2021, provided 8,000 “direct” jobs and tens of thousands of indirect jobs