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Tag Results for "Latin America News"

Mexican Pecan Exporter Sentenced to 4 Years For Scheme to Defraud Ex-Im Bank

The owner of a pecan brokerage company in Ciudad Juarez, Chihuahua, Mexico, was sentenced today to serve 48 months in prison for his role in a scheme to defraud the Export-Import Bank of the United States (Ex-Im Bank) of approximately $400,000. continue reading »

Costa Rica to Improve Education Infrastructure with $167M Loan

Costa Rica will improve the physical conditions of educational infrastructure, the learning environment, and the efficiency in elmentary and secondary schools with a $167 million loan approved by the Inter-American Development Bank (IDB). continue reading »

Chevron Subsidiaries Appeal Asset Embargo in Argentina

Two Argentine subsidiaries of Chevron Corp. have appealed a court ruling freezing the U.S. oil supermajor's assets in the South American country. continue reading »

Spanish Companies Invest $15 Billion in Chile, Says Rajoy

Accumulated Spanish investment in Chile exceeds $15 billion, Prime Minister Mariano Rajoy said in a message to the Spanish Chamber of Commerce in the South American country. continue reading »

Dutch Firm To Expand Mexican Shipping Port with $2 Billion Investment

Netherlands-based APM Terminals plans to invest $2 billion to expand the containers terminal of the Mexican Pacific port of Lazaro Cardenas, a project that will create 3,000 direct jobs, officials said. continue reading »

Police Operation Kills 6 in Rio de Janeiro Slums

Brazilian police killed at least six suspected drug-gang members in two operations early Saturday in Rio de Janeiro slums. continue reading »

IDB Loan To Improve the Quality of Human Resource Training in Colombia

The Inter-American Development Bank (IDB) has approved a $100 million loan to the government of Colombia to reform its human capital formation system. The program aims to improve the quality and relevance of human resource training as a means of raising productivity and labor qualifications in the country. continue reading »

Mexican National Pleads Guilty to Robbing Four New Mexico Banks

Yesterday morning, Jaime Jesus Sanchez-Ramos, 23, a Mexican national, pleaded guilty to a bank robbery charge under a plea agreement with the U.S. Attorney’s Office. continue reading »

IDB Loan Will Improve 1.7 Million Nicaraguans’ Quality of Life

The Inter-American Development Bank (IDB) has approved a $35 million loan to improve electricity service in Nicaragua, the third part for the National Sustainable Electrification and Renewable Energy Program (PNESER, the Spanish acronym). continue reading »

3 Mexican Minors Arrested for Killing 7 on Behalf of Los Zetas Cartel

Three minors accused of killing seven people while working at the service of a drug cartel have been arrested in northern Mexico, authorities said. continue reading »

Brazilian Federal Police Clash with Munduruku Indians Killing 1, Injuring 9

An indigenous man was killed in a gunfight between Brazilian federal police and Munduruku Indians earlier this week in a remote Amazonian village, authorities said Friday. continue reading »

Cuba to Allow Workers to Run State-owned Restaurants

Starting in December, the Cuban government will lease select state-owned eateries to their workers to run as independent businesses, a possibility that has been available to barber shops and beauty salons for some time. continue reading »

Brazilian Police Arrest 5 Men Who Took Family Hostage

Five men who were on the run after firing shots at a police patrol here in Brazil's largest city invaded a private home and held the family hostage for more than an hour before surrendering, authorities said Friday. continue reading »

Aspiring Honduran Journalist Murdered For His Laptop

An aspiring journalist was killed in Tegucigalpa Thursday when he resisted assailants who wanted to take his laptop computer, Honduran police said. continue reading »

Caterpillar Begins Construction on Mexican Factory that Will Create 1,000 New Jobs

U.S. heavy equipment maker Caterpillar Inc. began construction Thursday on a $500 million factory in the northern Mexican state of Nuevo Leon. continue reading »

Chevron’s Assets Frozen by Argentine Court

An Argentine judge has embargoed the assets of U.S. oil supermajor Chevron Corp. in the South American country, a victory for plaintiffs trying to collect on a $19 billion judgment against the company in Ecuador for environmental damage. continue reading »

EU, Latin America End 20 Year “Banana War”

Officials from the European Union and 11 Latin American nations gathered here Thursday at the headquarters of the World Trade Organization to sign a pact ending a two-decade-long dispute over banana tariffs. continue reading »

Harvard PhD Student Tracking Drug Traffickers Via Google

A Mexican working on her PhD at Harvard University's Department of Government has developed an algorithm that uses Google's search engine to track the activity, movement and "modus operandi" of drug cartels in her homeland. continue reading »

Majority of Puerto Ricans Vote in Favor of U.S. Statehood

For the first time in their history, a majority of Puerto Ricans expressed support for U.S. statehood in a non-binding referendum on the future of the island's relationship with Washington. continue reading »

Brazilian Lawmakers Pass Controversial Bill to Redistribute Oil Royalties

Brazil's Congress has passed a bill that would reduce the proportion of royalties that accrue to the state and municipal governments of oil-producing states, while distributing more of those revenues to other states. continue reading »