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The Latest Breaking News from Latin America

Summit of the Americas hobbles to its opening as Mexico’s president declines to attend

WASHINGTON — As the high-profile Summit of the Americas got under way Monday in Los Angeles, with presidents and prime ministers from throughout the Western Hemisphere expected to attend, confusion continued to surround the agenda, what President Joe Biden hopes to achieve and whether U.S.-Latin American relations will be better…

Los Angeles Times

Mexico president's summit snub shows limits of U.S. reach in Latin America

The Mexican president's refusal to attend a U.S.-hosted summit because of disputes over the guest list highlights how Latin America's leftists are pursuing an increasingly independent foreign policy from Washington.

Reuters

Latin America, Caribbean 2022 poverty seen higher as Ukraine war bites: U.N. study

A United Nations commission has increased its projection for poverty in Latin America and Caribbean for 2022, citing economic disruptions caused by the conflict in Ukraine.

Reuters

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Kamala Harris' biggest assignment is in Latin America. But she hasn't gone there much

WASHINGTON — Vice President Kamala Harris has spent just three days in Latin America since President Joe Biden assigned her 15 months ago to tackle migration issues in Central America — half as long as First Lady Jill Biden devoted during a single trip to the region last month.

Los Angeles Times

Summit of the Americas opens in LA as US grapples with deteriorating relations and influence

WASHINGTON — It was the early 1990s, and the Western world seemed full of promise. The Soviet Union had collapsed, and the Cold War that had gripped and shaped global politics for decades was over.

Los Angeles Times

Biden targets Latin America reset at summit marred by invite tension

When the United States said last year it would host the 2022 Summit of the Americas, officials had high hopes the event would help repair Trump-era damage to relations and reassert U.S. primacy over China's growing clout in Latin America.

Reuters

Biden Faces Cloud on Summit to Reset Latin America Ties

President Joe Biden is hoping to show a new era of US engagement with Latin America at a long-heralded summit next week, but the meeting has been clouded by boycott threats and charges of an unambitious agenda. Regional leaders will descend on Los Angeles starting Monday for the weeklong Summit…

Asharq Al-Awsat

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Blasting Biden on Latin America, Trump caters to familiar audience in Miami TV interview

MIAMI — Former President Donald Trump bragged about his gains with Hispanic voters in Miami in the 2020 election and slammed the Biden administration over its recent policy shifts in Cuba and Venezuela, during a prime-time interview with the Miami Spanish-language station, MegaTV.

Miami Herald

Alibaba Names Proven Leader As New Lazada Chief

Alibaba Group Holding Limited (NYSE:BABA) replaced Lazada Group CEO Chun Li with the head of its Thailand business, signifying brewing competition in Southeast Asia, Bloomberg reports. Lazada's new leader James Dong was also a one-time business assistant to Alibaba CEO Daniel Zhang before joining Lazada as its CEO for Thailand in 2018. In…

Benzinga

Liz Dore obituary

Other lives: Academic activist who specialised in the study of Latin America, particularly Cuba

The Guardian - UK

AP Week in Pictures: Latin America and Caribbean

The Independent UK

Rivian Backer Eyes India's Two and Three Wheeler EV Market

Abdul Latif Jameel, an early Rivian Automotive, Inc (NASDAQ:RIVN) backer, committed to investing up to $220 million (₹17 billion) in India's battery-powered two and three-wheeler vehicles through EV maker Greaves Electric Mobility. The Saudi family-owned group will initially pay $150 million (₹11.6 billion) for a 35.8% stake in India's Greaves Cotton Ltd subsidiary to foray…

Benzinga

Biden to push new economic agenda, migration plan at Americas summit

President Joe Biden will seek regional consensus on a new economic agenda to build on existing trade agreements with Latin America and present a plan to tackle increasing migration when he hosts the Summit of the Americas, senior U.S. officials said on Tuesday.

Reuters

A leftist will face a businessman as Colombia's presidential race heads to a runoff

The results represent a major shift in the Latin American country's presidential politics that conservatives and moderates had long dominated.

WEKU

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The Guardian - UK

Negative views of Russia mainly limited to western liberal democracies, poll shows

Annual global survey of attitudes to democracy finds many countries maintain positive views of Russia

The Independent UK

AP Week in Pictures: Latin America and Caribbean

Benzinga

Tether Enters Latin America With Stablecoin Pegged To Mexican Peso

Tether (CRYPTO: USDT), the company operating the blockchain-enabled platform tether.to today announced the launch of MXNT, a stablecoin pegged to the Mexican Peso. MXNT tokens will initially support Ethereum, Tron, and Polygon.

The Guardian - UK

World’s most violent cities: Medellín crime surge helps Latin America top list

Region has two-thirds of world’s most dangerous cities, with Bogotá, Rio, Mexico City and San Salvador also named in study

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Salon

How to create Latin American flavor

The distinct cuisines of Latin America have something in common

Benzinga

Knight Therapeutics Secures Rights To Rigel's Fostamatinib In Latin America

Knight Therapeutics Inc. (TSX: GUD) (OTC: KHTRF)

Benzinga

Volcon To Distribute Electric Motorcycles Focused On Young Riders

Volcon Inc (NASDAQ:VLCN) has signed an exclusive agreement to distribute Torrot Electric Europa SA's line of electric off-road motorcycle products. The financial terms of the arrangement were not disclosed. Volcon will distribute Torrot's products throughout Latin America, South America, and the Caribbean Region. Torrot manufactures electric motorcycles focused exclusively on young riders aged 3…

StockNews.com

Should You Buy dLocal Stock After the Fintech Company Reported Record Q1 Results?

Shares of Uruguay-based payments platform dLocal (DLO) soared double digits last week, thanks to its impressive fiscal first-quarter earnings report. However, as Latin American countries battle economic headwinds, will DLO be able to maintain its growth trajectory in the near term? Read more to find out.

Los Angeles Times

Biden administration races to salvage Summit of the Americas

WASHINGTON — A brewing boycott over the invitation list to this year’s Summit of the Americas, a hemispheric gathering held every three to four years and planned for Los Angeles next month, has the Biden administration scrambling to avoid an embarrassment that could erode U.S. influence in the region.

Reuters

Cold beer to your door: brewers in Latin America go direct

With COVID-19 lockdowns normalising home delivery of everything from fast food to aspirin, brewers are tapping into a lucrative new sales format - delivering cold beer on demand to consumers still gathering at home with friends even as bars reopen.

The Independent UK

Biden risks troubled Americas summit in Los Angeles

The Summit of the Americas is a little more than two weeks away in Los Angeles, and there's still no clear answer on which countries are going

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