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Ternium forecasts lower third-quarter earnings as steel prices drop

MEXICO CITY (Reuters) -Steel producer Ternium reported a 21.4% decrease in second-quarter net profit on Tuesday, as shipments remained flat and steel prices dropped, prompting it to forecast lower core earnings for…

August 1, 2023

Migration through Panama’s perilous Darien Gap hits all-time high

By Elida Moreno PANAMA CITY (Reuters) – The number of people crossing the treacherous Darien Gap linking Panama and Colombia hit an all-time high in the first seven months of the year,…

July 31, 2023

Bolivia hikes lithium resources estimate to 23 million tons

By Daniel Ramos LA PAZ (Reuters) -Bolivia’s lithium resources are now estimated at 23 million metric tons, its president said on Thursday after government studies that further cement the South American country’s…

July 20, 2023

US, Mexico agree on labor rights plan for Mexican Goodyear plant

MEXICO CITY (Reuters) – The United States and Mexico reached an agreement to remedy violations of workers’ rights at a Goodyear Tire & Rubber Co plant in the Mexican city of San…

July 19, 2023

Ricardo Martinelli: Panama ex-president sentenced to decade behind bars

By Elida Moreno PANAMA CITY (Reuters) -A Panamanian court sentenced former President Ricardo Martinelli to more than 10 years in prison for money laundering, the attorney general’s office said on Tuesday, threatening…

July 18, 2023

Mexico govt no longer interested in buying Citigroup’s local retail unit

By Valentine Hilaire MEXICO CITY (Reuters) -The Mexican government is no longer interested in purchasing Citigroup’s local retail arm, known as Banamex, a government spokesperson said on Thursday, adding that the U.S.…

July 13, 2023

Guatemala top court reverses ban on anti-graft presidential candidate

By Sofia Menchu GUATEMALA CITY (Reuters) – Guatemala’s top court on Thursday suspended an order barring the party of anti-graft candidate Bernardo Arevalo from running for the presidency, after a flood of…

July 13, 2023

Associated Press, OpenAI partner to explore generative AI use in news

(Reuters) -The Associated Press is licensing a part its archive of news stories to OpenAI under a deal that will explore generative AI’s use in news, the companies said on Thursday, a…

July 13, 2023

Mexico’s America Movil Q2 net profit surges to beat estimates

MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday said its net profit surged 89.1% in the second quarter on the back of foreign exchange gains. The company, controlled by the…

July 11, 2023

Exclusive-Panama expects to be struck off financial crime watch list in October

By Valentine Hilaire (Reuters) – Panama expects international financial-crime watchdog FATF to remove it this October from a watch list for nations deemed to be doing too little to fight money laundering,…

June 29, 2023

Mexico’s Nuvocargo snags $36.5 million in investment tied to US-Mexico trade

By Valentine Hilaire MEXICO CITY (Reuters) – Mexican shipping startup Nuvocargo announced on Tuesday it had raised $36.5 million in a new round led by QED Investors, as nearshoring offer new trade…

June 27, 2023

Honduras military takes over prisons after dozens die in riot

TEGUCIGALPA (Reuters) – Honduras’ military began taking control of the country’s violent prisons on Monday, following a gang dispute that left 46 inmates dead at a women’s detention center last week, officials…

June 27, 2023

America Movil announces foreign debt offering of up to 20 billion pesos

MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil, controlled by the family of tycoon Carlos Slim, announced the launch of a foreign debt public offering of up to 20 billion pesos…

June 26, 2023

Bronx Man Arrested for Unsolved May Murder

BRONX, NY – A 49-year-old Bronx man, Arkym Davis, was arrested and charged with assault, aggravated harassment, and harassment on Saturday, May 27, by the 46th Police Department. The arrest follows a…

June 25, 2023

Honduran families seek answers as prison riot deaths rise to 46

By Gustavo Palencia and Fredy Rodriguez TEGUCIGALPA, Honduras (Reuters) -The death toll from a riot at a women’s prison in Honduras rose to 46, a government spokesperson said on Wednesday, as anxious…

June 22, 2023

Grupo Mexico defends legality of San Martin mine operations after U.S. labor complaint

By Daina Beth Solomon MEXICO CITY (Reuters) – Grupo Mexico said Wednesday it legally resumed operations at its San Martin mine in 2018 after a decade-long strike, countering a Mexican union that…

June 21, 2023

PETER ROFF: The Biden White House Will Not Be Able To Hide Behind Hunter’s Sweetheart Plea Deal

PETER ROFF: The Biden White House Will Not Be Able To Hide Behind Hunter’s Sweetheart Plea Deal Peter Roff on June 20, 2023 As long as Hunter Biden had not been convicted…

June 20, 2023

Deadly Vehicle Collision in Westernport

WESTERNPORT, MD – A fatal motor vehicle collision was reported on Westernport Road (Hwy 135) this Friday night. The driver, Mr. Levi Valentine, 31, of Westernport, was found deceased at the scene…

June 18, 2023

IMF sees Honduran economic growth slowing to about 3% in 2023

TEGUCIGALPA (Reuters) – Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing to fewer remittances and pressures…

June 17, 2023

World Bank green lights $500 million loan to boost Costa Rica’s budget

SAN JOSE (Reuters) – The World Bank approved a new $500 million loan to Costa Rica aimed at strengthening support for the government’s budget, according to a statement from the international lender…

June 16, 2023

Mexico, EU leaders pledge quick trade deal update, says Mexican president

MEXICO CITY (Reuters) -Mexico and the European Union agreed to quickly finalize an updated free trade deal, Mexican President Andres Manuel Lopez Obrador said Thursday in a post on social media after…

June 16, 2023

Iranian president arrives in Nicaragua amid regional tour

MANAGUA (Reuters) – Iranian President Ebrahim Raisi arrived in Nicaragua on Tuesday, according to state media, marking his second stop on a three-nation Latin American tour. Nicaragua’s Foreign Minister Denis Moncada received…

June 13, 2023

Mexican interior minister will leave post to make presidential run

MEXICO CITY (Reuters) – Mexico’s interior minister, a close confidant of the popular outgoing president, announced on Tuesday he would leave his post at the end of this week to focus on…

June 13, 2023

68-year-old man attacked in the Bronx

Bronx, NY – A 68-year-old male became the victim of an assault on Thursday, June 1, 2023, at around 8:55 p.m. The incident took place near the intersection of Valentine Avenue and…

June 4, 2023

Peru’s inflation rate dips slightly in May but still above forecast

LIMA (Reuters) – Peru’s inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May, government data showed on Thursday, but the rate of creeping consumer prices…

June 1, 2023