Bids for Avianca Brasil Contingent on Slot Awards

No one bid for the loyalty program of Avianca Brasil during Wednesday’s auction for seven pieces of the bankrupt airline’s assets, and Latam and Gol made their bids—totaling $147.3 million for...

U.S. sanctions Venezuela counterintelligence agency after death of navy captain

The United States on Thursday imposed sanctions against Venezuela’s military counterintelligence agency following the death in custody of a navy captain amid allegations of torture. The U.S. Treasury said on its website...

Oil Prices Rise 3% After Fourth Straight Decline in U.S. Inventories

Oil prices rose sharply as U.S. crude oil inventories fell for a fourth consecutive week. The Energy Information Administration said crude oil inventories plummeted by 9.50 million barrels in the week to July 5....

Ecuadorian Legislative Approves Bill to Eliminate Green Tax

The National Assembly (Parliament) of Ecuador has approved a bill to eliminate the so-called green tax, a tribute owners of cars pay since 2012. The measure, which sought protection of the environment,...

Bank of Canada holds interest rate, warns of drag from global trade tensions

The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with an expanding global slowdown caused by trade conflicts. The decision Wednesday kept...

$3.7 million in cash discovered in abandoned boat in Puerto Rico, Border Patrol says

Authorities seized about $3.7 million in undeclared U.S. currency after searching an abandoned boat on the coast of Puerto Rico on Sunday. U.S. Customs and Border Protection first spotted the boat on the...

Hate crime on the rise in Seattle and Washington state, study finds

Hate crimes rose 78% between 2013 and 2017 in Washington state, according to a new study that shows this state saw the nation’s ninth-largest rise in bias crime during that time period. Among cities,...

Chile Copper production, exports decline in April

Chile's copper production reached 458500 tonnes in April, declined from 473400 tonnes a month earlier, according to latest data from Chile’s central bank. The country had produced 446,900 tonnes of copper in...

Brazil Gets Its First ‘Healthy’ Supermarket

Super Saudavel, the first supermarket in Brazil to offer 'healthy' products selected by a team of nutritionists, has opened its doors to customers. The store is located in the Alto de Pinheiros...

Mexico Heightens Immigration Enforcement

Recently, Mexico deported 81 migrants back to Haiti. Several reports of a physical altercation had taken place between Mexican federal police and Haitian migrants in Tapachula, Chiapas, Mexico. The Mexico City news...