Latin American

103 results

People cross the bridge on the border between Táchira in Venezuela and Cúcuta in Colombia. Photograph: Raul Arboleda/AFP/Getty Images

Diplomatic efforts to solve the political stand-off in Venezuela intensified on Thursday, with the first meeting of the international contact group fo(...)

Juan Guaidó, president of Venezuela’s National Assembly, during a protest against President Nicolás Maduro in Caracas on Wednesday. Photograph: Carlos Becerra/Bloomberg

The European Parliament has recognised Venezuela’s opposition leader Juan Guaidó as de facto head of state, heightening pressure on Nicolás Maduro, am(...)

Venezuela’s president,  Nicolas Maduro, and  minister of defence, Vladimir Padrino, among others on military exercise at the Fort of Paramacay, on January 27th, 2019. Photograph: Miraflores Press

Venezuelan president Nicolás Maduro oversaw a display of the army’s Russian hardware on Sunday, with anti-aircraft flak and tank rounds pounding a hil(...)

Spanish prime minister, Pedro Sanchez, delivers a statement at Moncloa Presidential Palace in Madrid, Spain, January 26th. Photograph: Victor Lerena/EPA

The European Union stepped up pressure on Venezuelan president Nicolas Maduro, signaling it will recognise opposition leader Juan Guaido if elections (...)

Riot police clash with opposition demonstrators during a protest against the government of President Nicolás Maduro on Wednesday. Photograph: Yuri Cortez/AFP/Getty Images

Senior figures in the Venezuelan military came out in support of President Nicolás Maduro on Thursday, a day after the US said it no longer recognised(...)

Brazilian airline Gol will lease 11 Boeing aircraft from Irish aviation financier Avolon from next year

Brazilian airline Gol will lease 11 Boeing aircraft from Irish aviation financier Avolon from next year. Avolon said on Monday that it has agreed to (...)

 Ecuador has opened a ‘humanitarian corridor’ to allow masses of migrants escaping Venezuela’s free-falling economy to stream towards the Peruvian border. Photograph: AFP

The exodus of migrants from Venezuela is building toward a “crisis moment” comparable to events involving refugees in the Mediterranean, the United Na(...)

The new five and ten Bolivar Soberano (Sovereign Bolivar) bills. As it tries to curb hyperinflation - which, by some measurements, is the worst in Latin American history - the government is also slashing fuel subsidies and raising the minimum wage by 3,000 per cent.

Venezuela resorted to desperate measures to arrest an economic collapse on Monday, lopping five zeros off the bolívar, devaluing it by 95 per cent and(...)

“To misquote Oscar Wilde, to lose money once in a crisis can be viewed as a misfortune, to do so twice is careless.” Photograph: istock

On this day 10 years ago, Katy Perry’s I Kissed a Girl was hurtling up the charts almost as quickly as deposits were hurtling out of the Irish banks.&(...)

Smurfit Kappa, led by Tony Smurfit, rejected two bids from Memphis-based IP this year – in February and March – for failing to capture the group’s “intrinsic” business value and prospects. Photograph: Luke MacGregor/Bloomberg

The Irish Takeover Panel is set to slap a 12-month ban on International Paper (IP) making another approach for Smurfit Kappa, after the US group backe(...)

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