Argentina’s request for the International Court of Justice to intervene in its debt battle with holdout creditors underscores the nation’s doggedness in fighting the hedge funds - and its technical default.
The last time motorists saw the price at the pump change was 1996, when the government raised the cost of gasoline to about 6 cents per gallon.
Many Argentines are optimistic the Vaca Muerta (Dead Cow) oil and gas fields can transform their nation’s fortunes overnight. Interest from Russian and Chinese leaders is helping fuel that hope.
El Universal was valued between $20 million and $35 million, but $122 million was an offer the owner couldn't refuse. Some wonder if the buyer has government ties.
Education reforms are needed to improve student achievement and boost lagging labor force productivity. The business community could benefit, but is deterred by higher taxes.
Determined but impecunious enthusiasts have braved lawless borders, overcrowded minibuses, and perilous river crossings to keep costs down en route to Manaus, Brazil.
The airline announced it will cut services to Venezuela over unpaid debts. There are signs Venezuela is taking steps to prevent more airlines and foreign companies from doing the same.
As the northwestern city of Rio Branco prepares for the World Cup, some wonder whether its failed bid in 2009 to be one of the host cities was a blessing in disguise.
Sales in Brazil are soaring ahead of the World Cup, as Brazilians splurge on expensive sets to watch all the matches in the comfort of their homes.
President Michelle Bachelet recently announced her 2014-18 energy program, pledging to expand a liquefied natural gas port and support renewable energy sources.
President Solís was inaugurated the same week his predecessor Chinchilla signed a free-trade agreement with Colombia. He's skeptical such pacts are the best way to draw investment to Costa Rica.
President Kirchner’s unpredictable policy decisions, and the uncertainty about her successor, mean investors find the Argentine market opaque and risky.