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

Brazil’s biggest party abandons president, quits coalition
Latin America & the Caribbean

Brazil’s biggest party abandons president, quits coalition

SAO PAULO (AP) — Brazil’s largest party abandoned President Dilma Rousseff’s governing coalition Tuesday, making it tougher for her to survive mounting pressure in Congress for her impeachment. The Brazilian Democratic Movement Party, known as the PMDB, said after a meeting that six Cabinet ministers belonging to the party as well as some 600 federal … Continue reading