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June 12, 2021

South America / Central America

Cuba to enter post-Castro era at pivotal 2021 party congress

Reuters
By Nelson Acosta, Sarah Marsh HAVANA (Reuters) – Cuba is poised to enter the post-Castro era with Raul Castro due to step down as head of the ruling Communist Party at its congress this week, which will also address the island’s severe economic crisis, pandemic response and signs of growing......

Ecuador shuns socialism with Lasso’s surprise election

Reuters
By Brian Ellsworth, Alexandra Valencia (Reuters) – Ecuadorean banker Guillermo Lasso unexpectedly won the nation’s presidency on promises to revive an economy battered by coronavirus as his rival’s vows of a return to socialist largesse failed to win over a skeptical electorate. Lasso took 52% of the vote in the......

Leftist candidate Pedro Castillo leading Peruvian elections: first official count

Reuters
LIMA (Reuters) – Leftist candidate Pedro Castillo is leading in the Peruvian presidential election with 15.8% of votes, according to a first official release of results with 11.4% of votes counted. Castillo was followed by liberal economist Hernando de Soto with 14.48% of the vote, followed by ultra-right candidate Rafael......

Rowing: Double Olympic champion Glover makes golden return at Euros

Reuters
LONDON (Reuters) – Double Olympic champion Helen Glover moved closer to becoming the first British mother to row at a Games on Sunday when she won women’s pair gold at the European championships in her first competition for nearly five years. FILE PHOTO: Rowing – 2018 Oxford University vs Cambridge......

Honduras targets U.S. aid for reconstruction after hurricanes

Reuters
FILE PHOTO: U.S. President Joe Biden’s special envoy for the Northern Triangle Ricardo Zuniga walks during a news conference, in San Salvador, El Salvador April 7, 2021. REUTERS/Jose Cabezas/File Photo TEGUCIGALPA (Reuters) – Honduras said on Friday it wants to use U.S. aid aimed at reducing migratory pressures in Central......

Brazil’s Petrobras, government agree on rules for potential Sepia, Atapu sale

Reuters
FILE PHOTO: The Petrobras logo is seen in front of the company’s headquarters in Sao Paulo April 23, 2015. REUTERS/Paulo Whitaker/File Photo RIO DE JANEIRO (Reuters) – The board of Brazilian state-run oil company Petrobras has approved an agreement with the government regarding the compensation that must be paid to......

Analysis: Raised fist, dangling handcuffs: a snapshot of Cuban dissent

Reuters
HAVANA (Reuters) – A striking image is circulating this week on social media in Cuba: a dissident pumping his fist in the air, handcuffs dangling from one wrist, after friends and neighbors helped him evade arrest by police in Havana. A man who did not want to be identified shows......

BHP, Vale Samarco JV files for Brazil bankruptcy protection

Reuters
FILE PHOTO: The logo of the Brazilian mining company Vale SA is seen in Brumadinho, Brazil January 29, 2019. REUTERS/Adriano Machado/File Photo RIO DE JANEIRO (Reuters) – Samarco Mineracao SA, a joint venture between Brazilian miner Vale SA and BHP Group Ltd, has filed for bankruptcy protection to prevent creditors’......

White House border coordinator Jacobson leaving at month’s end -White House

Reuters
FILE PHOTO: White House Coordinator for the Southern Border Ambassador Roberta Jacobson takes a question from a journalist during a daily press briefing hosted by Press Secretary Jen Psaki at the White House in Washington, U.S., March 10, 2021. REUTERS/Tom Brenner WASHINGTON (Reuters) -White House border coordinator Roberta Jacobson is......

Peru braces for ‘most fragmented election in history’ as pandemic grips

Reuters
LIMA (Reuters) – Peru will vote for a new president on Sunday in a wide-open election framed by a deadly surge in coronavirus cases, and under the long shadow of a constitutional crisis last year that saw the Andean nation go through three leaders in a week. FILE PHOTO: People......

Exclusive: Brazilian payments network Elo picks banks for IPO – sources

Reuters
SAO PAULO (Reuters) – Brazilian payments firm Elo has chosen six banks to manage its initial public offering, four sources close to the matter said, in the first concrete sign it is proceeding with a move first proposed by shareholders in August. FILE PHOTO: A view of the exterior of......

Analysis: Mexico vs Brazil: Populist presidents confound investors

Reuters
NEW YORK (Reuters) – When a left wing populist and a far-right lawmaker rose to power in Latin America’s two largest economies, investors thought they knew who was going to show them the money. FILE PHOTO: Brazil’s President Jair Bolsonaro looks on during a ceremony at the Sao Sebastiao neighbourhood......

Chilean health regulator approves CanSino COVID-19 vaccine for emergency use

Reuters
A woman receives a vaccine as part of the seasonal flu vaccination campaign during the coronavirus disease (COVID-19) pandemic, in Santiago, Chile April 5, 2021. REUTERS/Ivan Alvarado SANTIAGO (Reuters) – Chile’s health regulator on Wednesday approved emergency use of the COVID-19 vaccine developed by Chinese company CanSino, as the South......

CORRECTED-Brazilians withdraw record $5 bln from bank savings in first quarter

Reuters
(In first paragraph corrects dollar amount to $629 million not billion) BRASILIA, April 7 (Reuters) – Brazilian savings accounts shrank by 3.5 billion reais ($629 million) in March, figures showed on Wednesday, bringing net withdrawals in the first three months of the year to a quarterly record of 27.5 billion......

World Bank’s Malpass says slow COVID-19 vaccine rollout in Europe is concerning

Reuters
FILE PHOTO: World Bank President David Malpass responds to a question from a reporter during an opening press conference at the IMF and World Bank’s 2019 Annual Fall Meetings of finance ministers and bank governors, in Washington, U.S., October 17, 2019. REUTERS/Mike Theiler//File Photo WASHINGTON (Reuters) – World Bank President......

Mexico authorizes emergency use of Indian COVID-19 vaccine

Reuters
FILE PHOTO: A health official draws a dose of AstraZeneca’s COVID-19 vaccine manufactured by the Serum Institute of India, at Infectious Diseases Hospital in Colombo, Sri Lanka January 29, 2021. REUTERS/Dinuka Liyanawatte/File Photo MEXICO CITY (Reuters) – Mexico’s health regulator Cofepris has authorized the emergency use of India’s COVID-19 vaccine......

Brazil cenbank would need big inflation outlook shift to change ‘partial normalization’ stance

Reuters
BRASILIA (Reuters) -Brazil’s central bank will continue with its “partial normalization” of monetary policy unless it sees signs of inflation and inflation expectations rising significantly, central bank President Roberto Campos Neto said on Tuesday. FILE PHOTO: Brazil’s Central Bank President Roberto Campos Neto attends a news conference, amid the coronavirus......

Argentina benefiting from higher world food prices – IMF economist

Reuters
WASHINGTON, April 6 (Reuters) – Argentina is benefitting from higher world food prices since that is one of its main exports, although the country’s government is still working to stabilize the economy, Gita Gopinath, the IMF’s chief economist said on Tuesday. The IMF lifted its forecast for growth in Latin......

Bezos, Musk top Forbes’ record-setting billionaire list

Reuters
(Reuters) – Forbes’ annual world’s billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com Inc founder Jeff Bezos topping it for the fourth consecutive year, the media company said on Tuesday. The ranks of the ultra-wealthy are expanding after a year in which the coronavirus pandemic upended world economies and......

Motor racing: Hamilton’s team ahead of Rosberg’s in Extreme E qualifying

Reuters
(Reuters) – Lewis Hamilton beat old Formula One rival Nico Rosberg in the battle of team owners in qualifying for the first race of the new electric off-road Extreme E series in Saudi Arabia on Saturday. FILE PHOTO: Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir,......

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