Mexico Revives Mexicana de Aviación to Lower Fares and Bo...
President Claudia Sheinbaum has explained why the Mexican government took control of Mexicana de Aviación and brought it back as a public airline. This move ...

SAS Orders 55 New Embraer Jets to Modernize and Compete
Scandinavian Airlines (SAS) has signed a deal to buy up to 55 new jets from Embraer, a major Brazilian aircraft maker. The agreement includes a firm order fo...

Germany and U.K. Sign Pact to Take Charge of Europe’s Def...
Germany and the United Kingdom will sign a new defense agreement on July 17, 2025. This deal means that if either country faces a serious threat, the other w...

Chile’s New Lithium Deal: State Takes Bigger Role in Key ...
Chile’s government has approved a big new plan to boost lithium production, a move that could shape the future of electric cars and clean energy worldwide. T...

U.S. Oil Stocks Rise as Imports Outpace Exports, Surprisi...
Official figures from the U.S. Energy Information Administration show that U.S. crude oil inventories grew by 3.8 million barrels in the last week of June 20...

Africa’s Continent-Wide Electricity Market Gets Real Boos...
The African Union (AU) has just taken a big step toward connecting the continent’s electricity markets. On July 1, 2025, the AU set up a special oversight co...

Brazil’s Oil and Gas Boom Sets New Records, Strengthens I...
Brazil broke its own records for oil and natural gas production in May 2025, according to the country’s official oil regulator, the ANP. The country produced...

China’s Weak Steel Demand Sends More Cheap Steel to Brazi...
Brazil is seeing a big jump in steel imports from China because China’s own demand for steel is not growing. Official numbers show that in the first three mo...

Why Innovation Clusters Reject Populism in the U.S. While...
(Analysis) Cambridge University Press research by Victor Menaldo and Nicolas Wittstock reveals the economic geography driving Trump’s electoral success...

Vale Cuts Iron Ore Pellet Output as Demand Drops and Supp...
Vale, the world’s top iron ore producer, has decided to lower its 2025 production target for iron ore pellets and similar products. The company now expects t...

Costa Rica’s President Faces Historic Corruption Case Aft...
Costa Rica’s Supreme Court has asked Congress to remove President Rodrigo Chaves’ legal protection so he can face trial for corruption. This is the first tim...

U.S. Threatens Steep Tariffs as Trade Talks With Japan Stall
US President Donald Trump has warned Japan that the US will soon raise taxes, called tariffs, on Japanese goods if the two countries cannot agree on a new tr...

Turkish Magazine Staff Arrested Over Caricature, Raising ...
Turkish police arrested four employees from the satirical magazine LeMan after the magazine published a caricature that government officials said insulted Is...

Santa Catarina State: Why Brazil’s Most Expensive Homes A...
Santa Catarina, a state in southern Brazil, now has the country’s most expensive homes. Official data from the Brazilian Institute of Geography and Statistic...

Rio Fights Cell Phone Theft With New App and Police Action
The government of Rio de Janeiro has started using a new app, Celular Seguro RJ, to help stop the growing problem of cell phone theft. This move comes after ...

Portugal Makes It Harder to Get Citizenship: What Migrant...
Portugal’s government has decided to make it much tougher for foreigners to become citizens or bring their families to the country. These new rules, announce...

Mercosur and Europe’s Wealthiest Non-EU Countries Sign Ma...
Mercosur, a group of South American countries including Brazil, Argentina, Uruguay, Paraguay, and Bolivia, has reached a new trade agreement with EFTA, which...

Gol Faces Steep Losses in May 2025 but Eyes Recovery as C...
Gol Linhas Aéreas Inteligentes S.A., Brazil’s largest low-cost airline, reported a net loss of R$1.42 billion ($258 million) for May 2025, according to offic...

Brazil’s IOF Tax U-Turn: Political Showdown Puts Fiscal P...
(Analysis) Brazil’s government and Congress are locked in a public fight over a tax on financial transactions, called the IOF, that has shaken the country’s ...

Brazil’s Evangelical Surge Reduces Voting and Boosts Cons...
A new study from the University of Reading, using official Brazilian census and election data from 1994 to 2018, shows how the fast growth of evangelical Chr...

Violence Moves from Mines to Cities: Peru’s Struggle to P...
Peru is facing a serious problem with crime that is spreading from illegal gold mines in the countryside into big cities like Lima. Official government repor...

Trump Threatens to Cut Musk’s Subsidies and Hints at Poss...
President Donald Trump has taken aim at Elon Musk’s companies, threatening to cut off billions of dollars in government support. This move follows a public d...

Trump Restores Strict Cuba Policy as U.S. Responds to Chi...
President Donald Trump has restored strict U.S. restrictions on Cuba, reversing the more flexible approach taken under President Joe Biden. The White House a...

Mexico’s Foreign Investment Rises, But New Projects Remai...
Mexico attracted $21.4 billion in foreign direct investment (FDI) during the first quarter of 2025, according to official data from the Ministry of Economy. ...

Former Central Bank Chief Campos Neto Joins Nubank as Dig...
Roberto Campos Neto, who led Brazil’s Central Bank from 2019 to 2024, started his new job at Nubank on July 1, 2025. Nubank is the largest digital bank in La...

Factories Boost Production, Yet Demand and Hiring Continu...
Official reports for June 2025 show that U.S. factories are making more products, but the industry is not growing overall. The Institute for Supply Managemen...

Copel Sells Major Brazilian Hydropower Plant to Czech Fir...
Copel, one of Brazil’s biggest electricity companies, has sold the Baixo Iguaçu hydroelectric plant to ENERGO-PRO, a Czech energy group, for R$1.55 billion (...

Chile’s Economy Slows Down Despite Strong Copper Output
Chile’s economy is facing a mixed outlook. The Central Bank reported that in May 2025, the country’s main economic activity index rose 3.2% compared to the s...

Brazil’s Farmers Face Rising Debt Despite Record Harvests
Brazil’s farmers are facing a serious debt problem in 2025, even though the country produced a record soybean crop this year. Official data shows that nearly...

Brazil Moves to Sanction Apple for Blocking Competition i...
Brazil’s antitrust authority, CADE, has recommended sanctions against Apple after a two-year investigation into how the company runs its App Store and relate...

Electric Air Taxis From Brazil Set to Transform Costa Ric...
Eve Air Mobility, a company started by Embraer, has agreed to work with Aerosolutions and Bluenest by Globalvia to bring up to 50 electric air taxis to Costa...

Uruguay Sells Swiss Franc Bonds for the First Time, Seeks...
Uruguay has sold bonds in Swiss francs for the first time, raising about 320 million francs, which is close to 400 million US dollars. The government made th...

Toyota Strengthens Latin American Presence to Defend Mark...
Toyota is making its biggest investment ever in Brazil and Argentina as the car market in Latin America heats up. The company’s president for the region, Raf...

China Steps In as Cuba’s Main Backer, Overtaking Russia a...
(Analysis) Cuba faces its worst economic crisis in decades. The country suffers from food, fuel, and medicine shortages, long blackouts, and a collapse in to...

Latin American Investors Shift Focus to U.S. Real Estate ...
(Analysis) Latin American investors are moving significant capital into U.S. real estate, a trend driven by persistent economic and political instability at ...

Harvard Risks Losing Billions Over Civil Rights Failures,...
The U.S. government has told Harvard University that it broke federal civil rights laws by not protecting Jewish and Israeli students from harassment and dis...

Heidelberg Materials Buys Votorantim’s Cement Business in...
Heidelberg Materials, a German company, has bought the Moroccan cement operations of Votorantim Cimentos, a Brazilian firm. This deal, confirmed by both comp...

Countries Face Higher Tariffs After July 9, U.S. Treasury...
Countries trading with the United States could see their products hit with much higher tariffs after July 9, 2025. U.S. Treasury Secretary Scott Bessent has ...

Bessent Calls Fed’s 2022 Rate Hikes a “Gigantic Mistake” ...
U.S. Treasury Secretary Scott Bessent recently said the Federal Reserve made a “gigantic mistake” in 2022 by raising interest rates quickly. He made these co...

Nuclear Brinkmanship: Iran’s Enrichment Drive and the Gro...
(Analysis) Iran says it will keep enriching uranium, the material needed for nuclear energy—and possibly weapons. This is a right Iran claims under internati...

Ecuador’s President Wants EU Military Bases to Help Fight...
Ecuador’s President, Daniel Noboa, says he is working to bring European Union military bases to his country. He explained that Ecuador needs help from Europe...

Air Europa Strengthens Panama-Europe Ties with New Daily ...
Air Europa now flies every day between Panama City and Madrid, after increasing its service from six to seven flights per week for the summer 2025 season. Th...

The Push to Label Venezuela’s Tren de Aragua as a Terrori...
The United States, Argentina, and Peru have asked the Organization of American States (OAS) to officially call Tren de Aragua—a violent criminal group from V...

Secret Recordings Reveal Plot to Remove Colombia’s Presid...
Colombia recently faced a serious political problem. Álvaro Leyva, who used to be Colombia’s foreign minister, tried to get help from U.S. Republican politic...

Paraguay’s Startup Scene Climbs Global Ranks but Faces To...
Paraguay’s startup scene is getting noticed. According to the 2025 Global Startup Ecosystem Index by StartupBlink, the country now ranks 97th in the world an...

From Ban to Boom: The Real Story of Crypto in Bolivia
Bolivia’s central bank reports a huge jump in cryptocurrency use since the government ended its ban in June 2024. Official data shows crypto transactions gre...

Costa Rica’s Crime Wave Challenges Its Economic Stability...
Costa Rica, once known for its safety and peaceful image, now faces serious problems with crime and drug trafficking. Official figures show a sharp rise in v...

Comic Con Bogotá 2025: Pop Culture Event Boosts Business ...
Comic Con Bogotá 2025, organized by Planet Comics and Corferias, is Colombia’s biggest event for fans of comics, anime, games, and movies. The event takes pl...

China’s Factories Still Struggling: Official Data Shows O...
China’s government says its factories had a tough June 2025, even though things got a little better than in May. The official number that tracks factory heal...

China Accelerates Billion-Dollar Race for Brazil’s Strate...
(Analysis) China has sharply increased its investments in Brazil’s mining sector, targeting minerals vital for modern industry and green technology. Official...