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☆ Mexico High Schoolers Take up Arms After Village Kidnappings
▼ + stars: | 2024-01-25 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

Violence has recently escalated in Guerrero, one of the poorest states in Mexico. In Ayahualtempa, four members of a local family have been missing since Friday when they were kidnapped, the Guerrero state prosecutor's office said. "We're not going to allow them to kidnap us any more, or for people to keep disappearing," Toribio said. This is not the first time minors have been armed in Guerrero, where authorities have struggled to counter powerful drug trafficking gangs. (Reporting by Javier Verdin in Acapulco and Diego Oré in Mexico City, Writing by Isabel Woodford; Editing by Rosalba O'Brien)

Persons: Javier Verdin, Diego Oré, Antonio Toribio, We're, Toribio, Isabel Woodford, Rosalba O'Brien Organizations: Familia Locations: Diego Oré ACAPULCO, Mexico, Ayahualtempa, Guerrero, Acapulco, Mexico City

☆ Argentina's incoming foreign minister says country will not join BRICS bloc
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: 1 min

BUENOS AIRES, Nov 30 (Reuters) - Argentina's incoming Foreign Minister Diana Mondino says the country will not join the BRICS grouping of developing nations in a post on social media X on Thursday. Argentina was among six countries invited to become new members of the BRICS at a summit held in South Africa in August, part of the grouping's push to reshuffle a Western-dominated world order it sees as outdated. Reporting by Adam Jourdan, Writing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Diana Mondino, Adam Jourdan, Isabel Woodford Organizations: Thomson Locations: BUENOS AIRES, Argentina, South Africa

☆ Panama trade minister resigns after mining contract backlash
▼ + stars: | 2023-11-30 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, Nov 30 (Reuters) - Panama's Trade Minister Federico Alfaro announced his resignation on Thursday days after the country's top court ruled a contract between the government and Canadian miner First Quantum < FM.TO> was unconstitutional. The Central American country's trade ministry led negotiations on a contract between the government and First Quantum to operate a key copper mine, which opponents have deemed as too generous to the miner. In a resignation letter addressed to the president and shared on social media, Alfaro mentioned the contract, which generated months of protest throughout Panama, as well as the court ruling. Cortizo announced on Tuesday he will follow through with First Quantum's mine shutdown once the court's ruling is published in the country's official gazette, which has not yet happened. Incoming trade minister Rivera said in a separate public statement the ministry is evaluating actions to comply with the court's ruling and will start coordination talks with labor and environmental authorities.

Persons: Federico Alfaro, Alfaro, Laurentino Cortizo, Jorge Rivera, Cortizo, Rivera, Eli Moreno, Brendan O'Boyle, Isabel Woodford Organizations: PANAMA CITY, Panama's Trade, Central American, Thomson Locations: PANAMA, Panama, Lincoln

☆ Peru constitutional court restores pardon of ex-President Fujimori
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: 1 min

Judge Nestro Paredes listens as former Peruvian President Alberto Fujimori speaks during a digital hearing, in Lima, Peru October 4, 2023, in this screen grab obtained from a video. Courtesy of Peruvian Justice TV/Handout via REUTERS Acquire Licensing RightsLIMA, Nov 29 (Reuters) - Peru's constitutional court has restored the pardon of ex-President Alberto Fujimori, the court's top judge, Francisco Morales, said on Wednesday. "Alberto Fujimori must be released in accordance with the decision of the constitutional court," Morales said in an interview with local radio station RPP. Fujimori, who was convicted of human rights abuses and corruption, had been pardoned for the crimes, though the pardon was annulled last year. Reporting by Marco Aquino; Editing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Nestro Paredes, Alberto Fujimori, Francisco Morales, Morales, Fujimori, Marco Aquino, Isabel Woodford Organizations: Peruvian Justice, REUTERS Acquire, Rights, RPP, Thomson Locations: Peruvian, Lima , Peru

☆ Peru's AG to File Constitutional Complaint Against President Over Protest Deaths
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: 1 min

MEXICO CITY (Reuters) - Peru's Attorney General Patricia Benavides plans to file a constitutional complaint against President Dina Boluarte over the deaths of protesters during months of unrest in the past year, Benavides said on Monday during a televised statement. It marks the attorney general's first charge before Congress against the president, following nearly a year-long investigation. The attorney general's office first announced in January it was launching a probe into Boluarte and members of her cabinet on charges of "genocide, qualified homicide and serious injuries." At least 40 individuals were killed during the violent clashes between December 2022 and the start of this year, and hundreds others were injured. (Reporting by Marco Aquino; Writing by Isabel Woodford; Editing by Brendan O'Boyle)

Persons: Patricia Benavides, Dina Boluarte, Benavides, general's, Marco Aquino, Isabel Woodford, Brendan O'Boyle Organizations: MEXICO CITY, Peru's Locations: MEXICO

☆ Argentina's Milei, IMF discuss fiscal adjustment plan, monetary program
▼ + stars: | 2023-11-25 | by ( ) www.reuters.com time to read: +1 min

Argentine presidential candidate Javier Milei addresses supporters as they react to the results of Argentina's runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsNov 24 (Reuters) - Argentina President-elect Javier Milei said on Friday he had spoken with the director of the International Monetary Fund (IMF), Kristalina Georgieva, regarding plans to adjust the country's fiscal policy and monetary program. The country is currently facing inflation nearing 150%, a looming recession and net reserves seen at negative $10 billion. Argentina is tied up by a $44 billion loan program from the IMF that has veered off track. "The IMF is committed to support efforts to durably reduce inflation, improve public finances and raise private-sector-led growth," Georgieva said on X.

Persons: Javier Milei, Agustin Marcarian, Kristalina, Milei, Georgieva, Kylie Madry, Isabel Woodford Organizations: Argentine, REUTERS, International Monetary Fund, IMF, Thomson Locations: Buenos Aires, Argentina

☆ Union set to strike at Peru's Las Bambas copper mine next week -leader
▼ + stars: | 2023-11-20 | by ( Marco Aquino | ) www.reuters.com time to read: +2 min

The Las Bambas copper mine is pictured in Apurimac, Peru May 9, 2022. Erick Ramos, general secretary of the Las Bambas workers union, told Reuters by telephone the union had agreed to go on a strike with no set end date starting Nov. 28. Representatives for Las Bambas did not immediately respond to requests for comment. The union had already kicked off a strike on Sunday, which is set to end Tuesday, over the profit sharing. The union, which represents more than 1,000 workers, is currently registering the strike set for Nov. 28 with the labor ministry, Ramos said.

Persons: Angela Ponce, Erick Ramos, Ramos, Bambas, China's MMG, Pedro Castillo, Marco Aquino, Isabel Woodford, Kylie Madry, Louise Heavens, Kirsten Donovan, David Gregorio Our Organizations: REUTERS, Rights, Workers, Reuters, China's, HK, Thomson Locations: Apurimac, Peru

☆ Union strike underway at MMG's Las Bambas copper mine in Peru
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +1 min

The Las Bambas copper mine is pictured in Apurimac, Peru May 9, 2022. REUTERS/Angela Ponce/File Photo Acquire Licensing RightsLIMA, Nov 20 (Reuters) - A multi-day strike is underway at the Chinese-owned Las Bambas copper mine in Peru, the leader of the workers union said on Monday, as part of its demands to improve profit sharing protocols. Erick Ramos, general secretary of the Las Bambas workers union, told Reuters by telephone that the union is considering an indefinite strike from Nov. 28 if the company does not meet its demands. Las Bambas, which began operations in 2016 and is owned by China's MMG Ltd (1208.HK), is one of the largest copper producers in Peru, the world's second largest producer of the metal. A source close to the Las Bambas mine said earlier on Monday that the protest began on Sunday and that the strike was being "partially and peacefully" adhered to.

Persons: Angela Ponce, Erick Ramos, China's MMG, Ramos, Marco Aquino, Isabel Woodford, Louise Heavens, Kirsten Donovan Organizations: REUTERS, Rights, Reuters, China's, HK, Ministry of Labor, Thomson Locations: Apurimac, Peru

☆ Mexico, China nod to stronger ties as leaders agree to promote trade and investment
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

China and Mexico's relationship has strengthened with time, Chinese President Xi Jinping said about the meeting, according to a post from the Asian country's embassy in Mexico, with Sino-Mexican relations becoming increasingly "mutually beneficial." The post added that China "is willing ... to strengthen the articulation of strategies, (and) explore the potential for cooperation ... to promote bilateral relations to a higher level." Mexico President Andres Manuel Lopez Obrador said the two leaders had "committed to continue maintaining good relations for the benefit of our people." Lopez Obrador is also set to meet with Canadian Prime Minister Justin Trudeau and U.S. President Joe Biden during the trip. Lopez Obrador and Xi agreed to combat illegal trafficking of precursor chemicals, Mexican Foreign Minister Alicia Barcena said in a post on social media network X.

Persons: Andres Manuel Lopez Obrador, Xi Jinping, Lopez Obrador, Justin Trudeau, Joe Biden, Biden, Xi, Alicia Barcena, Kylie Madry, Valentine Hilaire, Isabel Woodford, Josie Kao, Stephen Coates Organizations: Economic Cooperation, Reuters, MEXICO CITY, Canadian, U.S, Thomson Locations: Asia, San Francisco , California, U.S, MEXICO, Mexico, San Francisco . China, China, United States

☆ Mexico's real estate trust Fibra Next eyes $865 mln IPO to cash in on nearshoring
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

Fibra Next, spun off by parent trust Fibra Uno (FUNO11.MX), plans to issue some 277.8 million Real Estate Trust Stock Certificates (CBFIs) in the offering, scheduled for November 28, according to the document dated Tuesday. Fibra Nearshoring Experts and Technology, as Fibra Next is officially known, had reportedly initially been targeting a valuation of $1.5 billion according to media reports last month, pricing it as the largest local IPO since 2018. The funds raised will be used for the acquisition and development of properties, Fibra Next stated in a separate presentation to investors. Fibra Next is tapping in on the real estate buzz from nearshoring - the trend of locating manufacturing capacity in Mexico, closer to the U.S. market, rather than in Asia - to boost profits and economic growth. Another real estate trust, Vesta (VESTA.MX), debuted on New York Stock Exchange earlier this year with a $400 million initial public offering.

Persons: Fibra Uno, Fibra, Noe Torres, Adriana Barrera, Isabel Woodford, Michael Perry Organizations: MEXICO CITY, Technology, Fibro Uno, New York Stock Exchange, Thomson Locations: MEXICO, Mexican, Mexico, U.S, Asia

Scientists say such extreme weather is becoming increasingly common globally because of climate change, which also intensifies the effects of El Nino. Never before has Lake Titicaca dried up like it is now. Experts say many of the factors contributing to the shrinking of Lake Titicaca could be linked to climate change. In global terms we have climate change, and phenomena such as El Nino and La Nina, which cause floods and droughts." Back at Lake Titicaca, Fredy Aruquipa, the person in charge of monitoring the lake's water level, watches it decline daily.

Persons: Alex Flores, Claudia Morales, Manuel Flores, El, Flores, Xavier Lazzaro, Rodney Camargo, La Nina, Fredy Aruquipa, Monica Machicao, Sergio Limachi, Isabel Woodford, Adam Jourdan, Andrea Ricci Organizations: REUTERS, El, Friends, Nature Foundation, El Nino, La, Thomson Locations: Lake Titicaca, Bolivia, South, El Alto, El Nino, Titicaca, United States, Asia

☆ Argentine oil company YPF swings to loss amid dampened fuel prices
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

[1/2] The headquarters of Argentina's state energy company YPF is seen in Buenos Aires, Argentina February 10, 2021. REUTERS/Matias Baglietto Acquire Licensing RightsCompanies Ypf Sa FollowNov 8 (Reuters) - Argentine national oil company YPF swung to a loss in the third quarter, hurt by lower local fuel prices and higher operating costs, the company said on Wednesday,The result was significantly behind analyst expectations. The state-run producer's revenue fell about 16% to $4.5 billion during the July-to-September period, due in part to a drop in local fuel prices in dollars, YPF said in a statement. In August, Argentina froze fuel prices in a bid to tame surging triple-digit inflation. YPF said total oil and gas production increased 3% in the third quarter, with crude output up 5.4%.

Persons: Matias Baglietto, YPF, Isabel Woodford, Aida Pelaez, Fernandez, Valentine Hilaire, Leslie Adler Organizations: REUTERS, Thomson Locations: Buenos Aires, Argentina, Argentine, Vaca, U.S

☆ Argentina's YPF swings to net loss amid dampened local oil prices
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

[1/2] The headquarters of Argentina's state energy company YPF is seen in Buenos Aires, Argentina February 10, 2021. REUTERS/Matias Baglietto Acquire Licensing RightsCompanies Ypf Sa FollowNov 8 (Reuters) - Argentina's national oil company YPF swung to a loss in the third-quarter, amid lower local oil prices and higher operating costs, the company said in a statement on Wednesday. Net loss in the period hit $137 million, from a $693 million profit the previous year. The state-run producer's revenue decreased 15.9% to $4.5 billion during the July-to-September period, it said, citing "a drop in local fuel prices in dollars." The results come despite the steady uptick in oil and gas production in recent years from western Argentina's massive Vaca Muerta shale formation, one of the biggest in the world.

Persons: Matias Baglietto, YPF, Isabel Woodford, Valentine Hilaire Organizations: REUTERS, Thomson Locations: Buenos Aires, Argentina

☆ Peru foreign minister resigns following US visit controversy
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +2 min

Peruvian Foreign Affairs Minister Ana Cecilia Gervasi attends a news conference regarding the asylum that Mexico has granted to the family of former President Pedro Castillo, in Lima, Peru, December 20, 2022. Reuters/Sebastian Castaneda/File Photo Acquire Licensing RightsLIMA, Nov 6 (Reuters) - Peru's foreign minister Ana Cecilia Gervasi resigned on Monday after less than a year, amid questions over how she handled President Dina Boluarte's visit last week to the United States. Gervasi made no reference to Boluarte's U.S. trip in her resignation letter, which was seen by Reuters and other media. In his resignation letter, he cited Boluarte's trip, stating he had been "responsible for preparing" it. Gervasi held various positions in government prior to joining Boluarte's cabinet, including deputy foreign minister, and vice minister of foreign trade.

Persons: Ana Cecilia Gervasi, Pedro Castillo, Sebastian Castaneda, Dina Boluarte's, Gervasi, Joe Biden, Alberto Otarola, Gustavo Meza Cuadra, Boluarte, Biden, Jose Cueto, Castillo, Marco Aquino, Isabel Woodford, Christian Plumb, Alison Williams, Rosalba O'Brien Organizations: Peruvian Foreign Affairs, Reuters, Rights, Alliance for Economic Prosperity, Thomson Locations: Mexico, Lima , Peru, United States, U.S, Boluarte, Americas, Washington

☆ El Salvador Electoral Tribunal Green Lights Bukele's Re-Election Bid
▼ + stars: | 2023-11-03 | by ( Nov. | At P.M. | ) www.usnews.com time to read: 1 min

SAN SALVADOR (Reuters) - El Salvador's electoral tribunal on Friday approved President Nayib Bukele's candidacy in next year's presidential election, where he will seek a second term that would keep him in office until 2029 if reelected. The decision comes a week after the 42-year-old president formally filed paperwork to run for re-election, despite concerns over his constitutional eligibility to seek a consecutive term. Members of the electoral tribunal are elected by Congress, which is controlled by the president's New Ideas party. While critics question Bukele's ability to seek a second term citing a constitutional prohibition, the country's top court ruled he could run in 2021. (Reporting by Gerardo Arbaiza; Writing by Brendan O'Boyle; Editing by Isabel Woodford)

Persons: Nayib Bukele's, Gerardo Arbaiza, Brendan O'Boyle, Isabel Woodford Organizations: SALVADOR, Reuters, Congress

☆ Bolivia severs diplomatic ties with Israel, citing 'crimes against humanity'
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: 1 min

Palestinians search for casualties at the site of Israeli strikes on houses in Jabalia refugee camp in the northern Gaza Strip, October 31, 2023. REUTERS/Fadi Whadi Acquire Licensing RightsLA PAZ, Oct 31 (Reuters) - Bolivia's government is breaking diplomatic ties with Israel, the Bolivian foreign ministry said on Tuesday, accusing Israel of committing crimes against humanity in its attacks on the Gaza Strip. Bolivia in 2009 cut diplomatic ties with Israel in protest of its attacks on the Gaza Strip. In 2020, the government of President Jeanine Anez reestablished ties. Reporting by Daniel Ramos; Writing by Brendan O'Boyle; Editing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Fadi, LA, Israel, Jeanine Anez, Daniel Ramos, Brendan O'Boyle, Isabel Woodford Organizations: REUTERS, LA PAZ, Thomson Locations: Gaza, Israel, Bolivian, Bolivia

☆ Panama Canal to slash booking slots due to drought over coming months
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez/File Photo Acquire Licensing RightsPANAMA CITY, Oct 31 (Reuters) - The Panama Canal, one of the world's main maritime trade routes, will further reduce daily ship crossings in the coming months due to a severe drought, the authorities managing the canal said late on Monday, increasing shipping costs. Booking slots will be cut to 25 per day starting Nov. 3 from an already reduced 31 per day, the Panama Canal Authority (ACP) said in a client advisory, and will be gradually reduced further over the next three months to 18 slots from Feb. 1. In recent months, the ACP has imposed various passage restrictions to conserve scarce water, including cutting vessel draft and daily passage authorizations. It also said delays for some gas transporters were at record highs in Panama, pushing up the cost of shipping liquefied gas from the U.S.

Persons: Aris Martinez, Eli Moreno, Brendan O'Boyle, Isabel Woodford, Josie Kao Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Panama Canal Authority, U.S . Energy, Administration, Thomson Locations: Cocoli, Panama, Panama City, PANAMA, Gatun Lake

☆ Panama electoral court rules out imminent referendum on First Quantum contract
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: 1 min

MEXICO CITY, Oct 30 (Reuters) - Panama electoral court said in a statement on Monday that there are not currently "conditions" to hold a referendum on a controversial mining contract with Canada's First Quantum Miners. President Laurentino Cortizo said on Sunday Panama would hold a referendum to decide whether to scrap a contract with Canadian miner First Quantum's local unit following days of protests in opposition to the open pit copper mine project. Reporting by Valentine Hilaire; Writing by Brendan O'Boyle; Editing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Laurentino Cortizo, Valentine Hilaire, Brendan O'Boyle, Isabel Woodford Organizations: MEXICO CITY, Canada's, Miners, Sunday Panama, Thomson Locations: MEXICO, Panama

☆ Mexico sees solid economic expansion but price pressures persist
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

Yorio said he sees annual inflation stabilizing at around 4.5% toward the end of the year. However, Bank of Mexico board member Jonathan Heath cautioned that the slowing pace of the inflation rate in recent months should not prompt premature celebration, local media outlet El Financiero reported on Wednesday. We still see a long battle ahead and this inflation phenomenon has really been much more complex than we would have imagined," said Heath. His comments come as the central bank has kept its benchmark interest rate at 11.25% since March, following a nearly two-year rate-hike cycle. Reporting by Ana Isabel Martinez and Isabel Woodford; Writing by Sarah Morland; Editing by Stephen Eisenhammer and Alistair BellOur Standards: The Thomson Reuters Trust Principles.

Persons: Gabriel Yorio, Yorio, Jonathan Heath, we're, Heath, Ana Isabel Martinez, Isabel Woodford, Sarah Morland, Stephen Eisenhammer, Alistair Bell Organizations: MEXICO CITY, Mexican Senate, U.S, automaking, Bank of, El, Thomson Locations: MEXICO, Latin America, Mexican, Bank, Bank of Mexico

☆ Brazen ambush leaves at least 13 local police dead in Mexico
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +1 min

[1/4] Forensic technicians work at a crime scene where several local police officers were shot dead by gunmen, in Coyuca de Benitez, Mexico October 23, 2023. Among the dead is the local security chief for the town of Coyuca de Benitez, the source said, speaking on condition of anonymity. The Coyuca de Benitez area is known for the presence of organized crime. Prior to the ambush, the agents were sent to respond to a report of alleged firearm detonations in the area, the source said. Reporting by Lizbeth Diaz; Writing by Isabel Woodford; Editing by David Alire Garcia and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Coyuca de Benitez, Javier Verdin, de, Lizbeth Diaz, Isabel Woodford, David Alire Garcia, Sonali Paul Organizations: REUTERS, MEXICO CITY, National Guard, Thomson Locations: Coyuca, Mexico, MEXICO, Mexico's Guerrero, Acapulco, de Benitez, Guerrero

☆ Hurricane Norma weakens but still 'dangerous' as it approaches Baja California peninsula
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: +1 min

[1/5] People observe waves breaking on the beach as Hurricane Norma barrels towards the Baja California peninsula, in Cabo San Lucas, Mexico, October 20, 2023. REUTERS/Fernando Castillo Acquire Licensing RightsMEXICO CITY, Oct 21 (Reuters) - Hurricane Norma weakened to a Category 2 storm on Saturday as it approached the south of Mexico's Baja California peninsula where it was expected to make landfall later in the day, bringing with it a "dangerous storm surge." Mexican authorities called on residents of the state of Baja California Sur to take precautions and stay in their homes, while shelters were set up. "Norma is expected to remain a hurricane while it moves over the southern portion of Baja California Sur," the NHC said, noting nonetheless that further weakening was expected over the weekend. Local authorities maintained a "prevention zone" between the towns of Todos Santos and Los Barriles, in the state of Baja California Sur.

Persons: Fernando Castillo, Norma, Marion Giraldo, Isabel Woodford, Diane Craft Organizations: REUTERS, MEXICO CITY, U.S National Hurricane Center, NHC, Todos Santos, Mexican Pacific, Thomson Locations: Baja California, Cabo San Lucas, Mexico, MEXICO, Mexico's Baja California, Baja California Sur, Todos, Mexican

☆ 'No doubt' Peru in recession, econ minister says, seeking stimulus
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: 1 min

LIMA, Oct 20 (Reuters) - There is "no doubt" Peru is in a recession, Economy Minister Alex Contreras said on Friday, his first acknowledgment of the country's negative growth, before speaking before congress to request a fiscal stimulus. Contreras had previously downplayed months of economic contraction, but told journalists outside congress on Friday that the "difficult" situation was now definitively considered a recession. Reporting by Marco Aquino; Editing by Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Alex Contreras, Contreras, Marco Aquino, Isabel Woodford Organizations: Thomson Locations: LIMA, Peru

☆ Venezuela Sets Referendum Date on Territory Dispute With Guyana
▼ + stars: | 2023-10-20 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

CARACAS (Reuters) - Venezuelans will vote on Dec. 3 in a referendum on "the rights" over a potentially oil-rich territory in dispute with its neighbor Guyana, authorities said on Friday. Both countries have been involved in a long-running dispute over their borders. Venezuela protested an oil tender announced by Guyana in September, arguing that the offshore areas are subject to dispute and the companies awarded the fields will not have the rights to explore them. The approximately 160,000 square kilometers under dispute along the countries' borders is mostly impenetrable jungle, and known as the "Esequiba region." Venezuela's claims extend over the territory was reactivated in recent years after the discovery of oil and gas near the maritime border.

Persons: Deisy Buitrago, Isabel Woodford, Alistair Bell Organizations: International Court of Justice Locations: CARACAS, Guyana, Venezuela

☆ Mexico logs sharp uptick in Venezuelan migrants amid latest surge
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jose... Acquire Licensing Rights Read moreMEXICO CITY, Oct 17 (Reuters) - More migrants crossed into Mexico last month, led by a sharp increase from Venezuela but also significant numbers from Guatemala and Honduras, Mexico's top diplomat told lawmakers on Tuesday. In testimony to Mexican senators, Foreign Minister Alicia Barcena said that in the month of September alone, 60,000 Venezuelan migrants, 35,000 Guatemalan migrants and 27,000 Honduran migrants arrived in Mexico. The September data comes ahead of Sunday's migration summit in the southern Mexican town of Palenque hosted by President Andres Manuel Lopez Obrador where regional leaders will discuss rising U.S.-bound migration in Latin America. After U.S. authorities authorized in May more legal pathways to enter the United States, the numbers of migrants crossing Mexican territory fell abruptly. Barcena also noted that some 1.13 million migrants have so far this year reached Mexico's southern border with Guatemala, and that 1.75 million had reached the U.S.-Mexico border.

Persons: Cheila Gonzalez, Alicia Barcena, Andres Manuel Lopez, Gustavo Petro, Venezuela's Nicolas Maduro, Barcena, Raul Cortes, Isabel Woodford, Sandra Maler Organizations: REUTERS, MEXICO CITY, U.S, Thomson Locations: Guatemala, United States, Ciudad Juarez, Villa Ahumada, Chihuahua, Mexico, Jose, MEXICO, Venezuela, Honduras, Mexico's, Palenque, America

☆ Argentina central bank hikes key rate to 133% as inflation worsens
▼ + stars: | 2023-10-12 | by ( Jorge Otaola | ) www.reuters.com time to read: +2 min

The facade of Argentina's Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. Argentina's central bank is struggling to keep the benchmark interest rate in line with inflation expectations, with a central bank poll of analysts later in the day forecasting inflation to end the year at more than 180%. Reuters Graphics Reuters GraphicsThe impacts of inflation has been worsened by the government's near-18% devaluation of the peso in mid-August, which coincided with the prior central bank hike, where it increased the interest rate from 97% to 118%. Milei, who is seeking to shut the central bank and dollarize the economy to tame inflation, recently recommended depositors avoid renewing bank holdings in pesos, arguing that the peso does not even serve as "excrement." The central bank's rate change on Thursday came after a last-minute decision not to raise the rate to 145% "following a leak," after Reuters reported the higher figure, citing a source close to the bank.

Persons: Agustin Marcarian, Alberto Fernandez, Javier Milei, Jorge Otaola, Brendan O'Boyle, Isabel Woodford, Anthony Esposito, Richard Chang, Jamie Freed Organizations: Central, REUTERS, Graphics Reuters, Reuters, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES

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