“There isn’t enough money for the three of us to go.” Cubans have fewer and fewer ways to leave their communist-run island amid Donald Trump’s push to starve it of fuel and isolate it politically
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As Donald Trump tries to force Cuba into a grand bargain, nearly 6,000 US property claims are emerging as a thorny obstacle to any hope of reviving the island’s crushed economy
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With Venezuela primed for an oil boom, the workers who fled decades of repression and economic collapse are now the ideal candidates to help revive the industry. But many won't go.
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The Trump administration’s move to ease fuel shipments to Cuba’s nascent private sector is part of a plan to make the island more reliant on the US, increasing Washington’s leverage to bring about political and economic change
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I was telling someone about this very story today too…
Just weeks into a US pressure campaign to halt oil shipments to Cuba, a Bloomberg News analysis of satellite imagery finds the level of light at night has dropped as much as 50% across the island, @krishnakarra.bsky.social and I report
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www.bloomberg.com/graphics/202...
As Donald Trump tightens his grip on Venezuela, a turnaround in Cuba also seems within reach. But Miami exiles fear the island’s needs are now so staggering that it won't be able to attract the investment required to recover.
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With Nicolás Maduro removed from power in Venezuela, Cuba is now without its principal global ally as its economy careens deeper into the abyss
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As the US threatened Nicolás Maduro’s grip on power in recent months, a cadre of oil industry insiders made their case to anyone who would listen: Delcy Rodríguez should fill his shoes
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Obama and Raul Castro announced US-Cuba detente 11 year ago today. Here's a story I wrote from the island at the time:
www.theglobeandmail.com/gift/4e6c084...
Coincidence I'm sure, but it's a bit ominous for Trump to be addressing the nation tonight with warships amassed in the Caribbean.
US forces have intercepted and seized a sanctioned oil tanker off the coast of Venezuela, a move that marks a serious escalation of tensions between the two countries
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Banks in Argentina saw their worst results since the pandemic amid Javier Milei’s fierce push to tame the currency before midterm elections
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A resounding win for Javier Milei’s party in midterm elections — with a lifeline from the US — gives new momentum to his quest to overhaul Argentina and break its cycle of debt, default and crisis
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Polls have closed in Argentina’s midterm congressional election, which is a “temperature check” of society’s willingness to continue with the policies Javier Milei has pursued since taking office. Follow our live coverage of it all here:
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Javier Milei has hidden his chainsaw from angry Argentines ahead of a crucial election that could sink his presidency and the peso
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Donald Trump suggests the $20 billion lifeline the US is planning for Argentina could be contingent on libertarian leader Javier Milei’s success in the midterm elections, sending fresh jitters through financial markets
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Donald Trump is set to formalize a $20 billion lifeline designed to help his Argentine ally win midterm elections. But unforced political errors and a rejuvenated opposition put Javier Milei in a bind before the vote
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Migrants fearing Donald Trump’s deportations are rushing to send money home, sparking a remittance boom in places like Honduras
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Credit card companies won a new and powerful ally in their fight against a competing payment system in Brazil when Donald Trump went on the offensive against the South American country
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Donald Trump’s treasury secretary pledges to provide “all options for stabilization” to Javier Milei as he works to keep Argentina from falling back into crisis, prompting a rally in the South American country’s assets
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Newly imposed liquidity measures aimed at containing a nascent peso selloff have put Javier Milei on a collision course with Argentina’s banks www.bloomberg.com/news/article...
Gustavo Petro’s overhaul of Colombian health care is leaving patients untreated as ERs and maternity wards shut down www.bloomberg.com/news/feature...
Mexico's security minister survived a cartel hit. Now he's trying to pacify one of the world's most violent nations — and the Trump administration www.bloomberg.com/news/feature...
Voters send two pro-business candidates to Bolivia’s presidential runoff, ending two decades of almost-uninterrupted socialist rule and likely transforming both the nation’s economic model and its relations with the US www.bloomberg.com/news/article...
Argentina’s local debt sale falls short of market expectations as Javier Milei’s administration rolls over just 61% of maturities in a key auction that analysts say may prompt a drop in the peso www.bloomberg.com/news/article...
Colombia’s conservative opposition has been rocked by two major blows, and is failing to capitalize on Gustavo Petro’s missteps in the runup to next year’s presidential election www.bloomberg.com/news/article...
Javier Milei’s reforms have brought stability to Argentina’s chaotic foreign exchange market and praise from investors. But the overhaul is also fueling the worst streak of corporate defaults since the pandemic www.bloomberg.com/news/article...
The leader of Canada’s main oil-producing province visited Mexico in a bid to help reset relations with Latin America’s second-largest economy, with a particular eye to promoting energy projects www.bloomberg.com/news/article...