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Latin America Business News

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Latin America News:  Peru Seeking to Become World’s #1 Copper Producer

Latin America News:  Peru Seeking to Become World’s #1 Copper Producer

In Latin America news, Peru is seeking to becoming the world's number one producer of copper and see that it can accomplish that goal in the next 10 to 15 years. Currently Peru is the second largest producer of copper behind Chile continue reading »

Following Slower Than Expected Growth, Analysts Revise Brazil’s 2013 Forecast

Following Slower Than Expected Growth, Analysts Revise Brazil’s 2013 Forecast

Financial analysts have revised their 2013 growth forecasts for Brazil downward from 3.1 percent to 3.09 percent, the Brazilian Central Bank said in its Boletin Focus on Monday. continue reading »

Chevron Open to Mediation Over  $19 Billion Environmental Damage Fine

Chevron Open to Mediation Over $19 Billion Environmental Damage Fine

U.S. supermajor Chevron Corp. is open to having the Bolivarian Alternative for the Americas, or ALBA, or the Union of South American Nations, or Unasur, mediate with Ecuador, a high-level company executive said. continue reading »

San Antonio Trying to Attract Spanish Investors

San Antonio Trying to Attract Spanish Investors

San Antonio, Texas, the seventh-largest city in the United States, wants to attract Spanish investment and the attention of Spain to its historic heritage, especially its Franciscan missions, a continue reading »

As in Spain, Austerity Measures Spark Massive Protests in Portugal

As in Spain, Austerity Measures Spark Massive Protests in Portugal

For Lisbon and more than 30 cities in Portugal, Friday was a day of massive demonstrations expressing citizens' resentment and discontent after more t continue reading »

Taco Bell Using Lionel Richie Song (in Spanish) to Promote Cool Ranch Doritos Locos Taco

Taco Bell Using Lionel Richie Song (in Spanish) to Promote Cool Ranch Doritos Locos Taco

On March 7, 2013, Doritos Cool Ranch fans' wait will be over. Earlier this month, Taco Bell announced it would launching another soon-to-be blockbuster Doritos flavor to the Doritos Locos Tacos line-up: Cool Ranch Doritos Locos Tacos continue reading »

PEMEX Posts Solid Earnings of $390M for 2012, After Losses $6.54B in Prior Yr

PEMEX Posts Solid Earnings of $390M for 2012, After Losses $6.54B in Prior Yr

Mexican state-owned oil monopoly Petroleos Mexicanos said it posted net income of nearly 5 billion pesos (some $390 million) in 2012, a year after registering a net loss of $6.54 billion. continue reading »

Latin American Would Not Escape Effects of U.S. Sequester

Latin American Would Not Escape Effects of U.S. Sequester

With just one day before Friday‚Äôs sequester deadline, the United States government is preparing for massive cuts, but our neighbors south of the border should also be preparing, as Latin America will not escape the effects of the spending cuts. continue reading »

TBN Latino Affiliate Enlace Television Launches Innovative App for Mobile Viewing

TBN Latino Affiliate Enlace Television Launches Innovative App for Mobile Viewing

Enlace, Trinity Broadcasting Network's Spanish-language affiliate network, has launched an exciting free mobile app giving users of iPhones, iPads, Androids, and other mobile devices 24-hour real-time access to Enlace Television, America's most popular Spanish-language Christian network, and EJ TV, the cutting-edge faith channel for Latino young people. continue reading »

Mexico’s Powerful Teacher’s Union Leader Arrested for Possible $204M Theft

Mexico’s Powerful Teacher’s Union Leader Arrested for Possible $204M Theft

In Mexico news, one of Mexico's most powerful union leaders, Elba Esther Gordillo was arrested at the Toluca airport on suspicion that she siphoned over $200 million of teachers union funds for personal use. continue reading »

Spain’s Energy Giant Repsol Sells Assets to Shell in $6BN Deal

Spain’s Energy Giant Repsol Sells Assets to Shell in $6BN Deal

Spanish energy giant Repsol SA said Tuesday that it agreed to sell a package of liquefied natural gas assets to Royal Dutch Shell Plc in a transaction valued at $6.65 billion. continue reading »

President Warns Economy, Nat’l Security Will Suffer with Spending Cuts

President Warns Economy, Nat’l Security Will Suffer with Spending Cuts

President Barack Obama said Tuesday that the U.S. economy and national security will suffer if a set of automatic spending cuts takes effect later this week. continue reading »

In Latin America News: Mexico Telecom Industry Grew 13.6% in 2012

In Latin America News: Mexico Telecom Industry Grew 13.6% in 2012

In Latin America news Mexico's telecom industry posted its healthiest grow in four year. Mexican telecommunications grew by 13.6% last year due in great part to wireless and satellite television. continue reading »

Puerto Rico Airport Set to be Privately Managed Under 40-year Contract

Puerto Rico Airport Set to be Privately Managed Under 40-year Contract

The FAA has approved a controversial management plan for Puerto Rico airport which will make management private under a 40-year contract continue reading »

In Latin America News:  Costa Rica Constructing $96M Oil Terminal

In Latin America News:  Costa Rica Constructing $96M Oil Terminal

In Latin America news, Costa Rica is beginning the construction of a new $96 million oil terminal to handle larger oil tankers at the port. continue reading »