Ecuador hikes taxes as deadly quake compounds economic pain
Latin America & the Caribbean

Ecuador hikes taxes as deadly quake compounds economic pain

QUITO, Ecuador (AP) — President Rafael Correa announced Wednesday night that he is raising sales taxes and will charge a one-time levy on millionaires to rebuild cities devastated by Ecuador’s worst earthquake in decades. In a televised address, Correa said damages from the 7.8-magnitude quake will likely run into the billions of dollars, adding to … Continue reading

Brazil’s lower house begins presidential impeachment debate
Latin America & the Caribbean

Brazil’s lower house begins presidential impeachment debate

BRASILIA, Brazil (AP) — The lower chamber of Brazil’s Congress on Friday began a raucous debate on whether to impeach President Dilma Rousseff, a question that underscores the deep polarization in Latin America’s largest country and most-powerful economy. If lawmakers approved the measure in a vote slated for Sunday, it gets sent to the Senate, … Continue reading

Colombia to hold peace talks with 2nd-largest rebel group
Latin America & the Caribbean

Colombia to hold peace talks with 2nd-largest rebel group

BOGOTA, Colombia (AP) — Colombia and the country’s second-largest rebel group announced Wednesday that they will hold peace talks, heightening expectations for a definitive end to a half-century of political violence in the Andean nation. The government has been in exploratory talks in Ecuador with the National Liberation Army, or ELN, for more than a … Continue reading