Puerto Rico makes debt payment, warns of dwindling funds
Latin America & the Caribbean

Puerto Rico makes debt payment, warns of dwindling funds

SAN JUAN, Puerto Rico (AP) — Puerto Rico narrowly avoided a multimillion-dollar default on Tuesday by announcing a last-minute bond payment while warning that a deepening financial crisis has forced the government to divert money slated for future debt payments to avoid a shutdown of basic services. The announcement by Puerto Rico’s Government Development Bank … Continue reading

Argentina’s president-elect inherits large economic problems
Latin America & the Caribbean

Argentina’s president-elect inherits large economic problems

BUENOS AIRES, Argentina (AP) — Argentine President-elect Mauricio Macri on Monday prepared to confront myriad problems in Latin America’s third largest economy, including soaring prices and high government spending that are a legacy of outgoing President Cristina Fernandez. Macri, fresh off his historic election win late Sunday, began laying out how he would achieve some … Continue reading

The Latest: Argentine opposition wins presidential election
Latin America & the Caribbean

The Latest: Argentine opposition wins presidential election

BUENOS AIRES (AP) — The latest on Argentina’s presidential runoff election. All times local: ___ 9:45 p.m. Opposition candidate Mauricio Macri has won Argentina’s historic runoff election, putting an end to the era of left-leaning President Cristina Fernandez, who along with her late husband dominated the political scene and rewrote the country’s social contract. Ruling … Continue reading

Good, not spectacular, preliminary ratings for Trump on SNL
Latin America & the Caribbean

Good, not spectacular, preliminary ratings for Trump on SNL

NEW YORK (AP) — Donald Trump hadn’t gotten far into his opening monologue before trouble occurred. An off-screen heckler interrupted with a cry of “You’re a racist!” But the “heckler” was comedian Larry David, who before Trump arrived onstage had been seen impersonating Democratic presidential hopeful Bernie Sanders. “Larry, what are you doing?” Trump asked … Continue reading

Argentines’ fear of change gives ruling party election boost
Latin America & the Caribbean

Argentines’ fear of change gives ruling party election boost

BUENOS AIRES, Argentina (AP) — Nora Beatriz Diaz says her choice for president in Sunday’s election was essentially decided six years ago, when she was hired by a government jobs program. Now 55, the mother of two struggled for years to make ends meet. But through the “Argentina Works” program created by Cristina Fernandez’s government, … Continue reading