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The Latest Breaking News from Latin America

Poor the hardest hit in Latam by Russia's Ukraine invasion -IMF

The poorest will be the hardest hit across Latin America and the Caribbean by the economic fallout from Russia's invasion of Ukraine, with the region facing further inflationary pressure, a senior official at the International Monetary Fund said on Wednesday.

Reuters

Volkswagen To Shift More Production To China, North America As Russia-Ukraine War Roils Europe Supply Chain

Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Tuesday that the German automaker is shifting more production out of Europe to China, North America and Latin America to cope with supply chain issues stemming from Russia’s invasion of Uk

Benzinga

US seeks regional approach to migration and asylum seekers

The U.S. is faced with the likelihood of eventually reopening its southern border to asylum seekers, and the government is urging allies in Latin America to shore up their immigration controls and expand their own asylum programs

The Independent UK

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Explainer: How Russia’s war in Ukraine is shuffling US alliances in Latin America

Russia’s invasion of Ukraine has reverberated across the globe, including in the Western Hemisphere, where both Washington and Moscow see the crisis as an opportunity to shift regional alliances in their favor.

Miami Herald

Hugh O’Shaughnessy obituary

Journalist who reported for 30 years from many Latin American countries where grave human rights abuses were being committed

The Guardian - UK

Pictures of Week in Latin America & Caribbean Photo Gallery

The Independent UK

Biden names Colombia a ‘major non-NATO ally,’ countering Putin’s influence in Latin America

WASHINGTON — President Joe Biden announced Thursday that he will name Colombia as a major non-NATO ally, a significant recognition as the United States tries to undercut Russian President Vladimir Putin’s influence in Latin America after his invasion of Ukraine.

Los Angeles Times

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Guatemala increases abortion penalty, bans same-sex marriage

Guatemalan lawmakers have greatly increased prison sentences for women who have abortions, bucking a recent trend in Latin America toward expanding access to the procedures

The Independent UK

Read How Adidas Fared In Q4

Adidas AG (OTC:ADDYY) reported a fourth-quarter FY21 sales decline of 0.1% year-on-year, to €5.1 billion. Currency-neutral revenues in Q4 declined 3%. Supply shortages due to the lockdowns in Vietnam, challenging market environment in Greater China, and COVID-19 related lockdowns in Asia-Pacific reduced revenue growth by more than €400 million in Q4. Currency-neutral revenues…

Benzinga

Latin America's trans politicians gain ground in a dangerous region

When Erika Hilton decided to run for political office in South America's biggest city in 2020, she had no idea she would receive more votes than any other female candidate to win a city council seat in Brazil that year.

Reuters

These Latinas and Latin American women paved the way in workers' rights, art and politics

Latinas have helped shape history, but their contributions have often been forgotten.

Axios

Pfizer CEO claims Jared Kushner wanted to reroute vaccines from Canada and Latin America to US

‘Jared didn’t budge. In his mind, America was coming first no matter what,’ Albert Bourla writes

The Independent UK

Possible Russia oil embargo drives US outreach to Venezuela

Senior U.S. officials secretly traveled to Venezuela over the weekend in a risky bid to unfreeze hostile relations with Vladimir Putin’s top ally in Latin America, a top oil exporter whose re-entry into U.S. energy markets could mitigate the fallout at the pump from a possible oil embargo on Russia

The Independent UK

Increasingly isolated, Putin finds a few allies in Latin America

MEXICO CITY — Facing condemnation from most of the world and stiff sanctions from Europe and the United States, Russia appears increasingly isolated as its president presses on with his invasion of Ukraine.

Los Angeles Times

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Salon

"Who Killed Sara?" star turns producer

Manolo Cardona spoked to Salon from the Miami Film Festival about vulnerabilities, toxicity and co-productions

The Independent UK

Pictures of Week in Latin America & Caribbean Photo Gallery

Benzinga

Visa Collaborates With Fintech Firm Tribal: Report

Leading payment processor Visa Inc (NYSE:V) collaborated with payment and financing firm Tribal, Reuters reports. Visa looks to expand its offerings for small-and-medium-sized businesses in Latin America and the Caribbean. The partnership would expand credit lines, update encryption and safety measures, and improve card distribution. Tribal backed by investors including SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF)…

Wales Online

World news snapshot: how the international media are reporting the conflict in Ukraine

Basketball team plays despite crisis in homeland, Ukrainians gather in San Francisco in display of patriotism, Latin America is split over Russia's action – and Japan-Russia relations are 'frozen'

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The Independent UK

Pictures of Week in Latin America & Caribbean Photo Gallery

Reuters

Far from Russian invasion, Ukrainian Brazilians pray for peace

More than 12,000 kilometers (7,450 miles) away from the violence of the Russian invasion, some 200 Brazilians of Ukrainian descent gathered on Thursday to pray for peace in a country they still consider their homeland.

Reuters

Some Latin American nations call for Russian withdrawal from Ukraine

Colombia, Argentina and Chile on Thursday called for swift withdrawal of Russian troops from Ukraine, as other Latin American countries rejected the use of force but stopped short of calling for a Russian exit.

Miami Herald

Latin American leaders are divided in reactions to Russia’s attack on Ukraine

Latin American and Caribbean leaders reacted to the news Thursday of the Russian invasion of Ukraine with a flurry of statements, videos and tweets that ranged from open condemnation to avoiding direct criticism to even backing the aggression, highlighting the increased polarization of the Western Hemisphere.

Tribune News Service

Florida’s 15-week abortion ban will affect women in the Caribbean and Latin America, too

Florida’s controversial bill that would ban abortion after 15 weeks of pregnancy will affect women well beyond the state’s borders.

Benzinga

BioMarin Clocks Flat Q4 Sales Despite Erosion oF US Kuvan Market

BioMarin Pharmaceutical Inc (NASDAQ:BMRN) reported a 1% Y/Y decrease in Q4 revenue to $449.8 million, beating the consensus estimate of $442.39 million. The decline was attributable to lower sales from Kuvan and Naglazyme, cushioned by higher revenues from Aldurazyme, Vimizim, and Palynziq. Kuvan sales decreased 23% to $ 68.5 million, primarily due…

Benzinga

Brink's Q4 Results Beat Estimates

Brink's Company (NYSE:BCO) reported fourth-quarter revenue growth of 7% year-over-year to $1.1 billion, +11% on a constant currency basis, beating the consensus of $1.07 billion. Sales by segments: North America $372.5 million (+13.1% Y/Y), Latin America $294.2 million (+2.9% Y/Y), Europe $234.1 million (-0.6% Y/Y) and Rest of the World $197.4 million (+15.6%…

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