Latin America

The new governor of the Bank of Mexico said all options are on the table ahead of next week’s policy decision, his first at the helm of the bank, with inflation above expectations and the U.S. Federal Reserve hinting at a December rate increase.

“We have everything we need to live underwater,” an Argentine submariner assured his mother early last month. By mid-month he and 43 fellow crew members were dead after what Argentine Navy officials and outside experts suspect was a blast caused by a battery mishap.

Uncertainty surrounding Sunday’s tightly contested presidential election is fueling a deepening political crisis in Honduras.

Brazil’s economy slowed to 0.1% growth in the third quarter amid heightened political turmoil, though increases in private consumption and investment suggested that a recovery from the country’s longest recession on record is strengthening.

Argentina’s navy ended its efforts Thursday to rescue the crew members of a submarine that went missing two weeks ago, saying there was no chance they were still alive.

Intelligence officers detained two former top ministers for alleged corruption in Venezuela, as President Nicolas Maduro consolidates power ahead of a reelection campaign.

One of the biggest potential casualties of the trade scuffle under way between Mexico and the U.S. is also one of America’s favorite consumer products: cheap, high-definition, flat-panel televisions.

Mexico ran up a $2.07 billion trade deficit in October, more than double the shortfall in the year-earlier month as petroleum imports continued to rise, offsetting gains in shipments abroad of manufactured goods.

President Nicolás Maduro named an active general to lead the state oil industry, Venezuela’s last major economic sector that had been outside the military’s control.

The Mexican economy contracted in the third quarter from the preceding period as a series of natural disasters affected services and oil production.

A sound consistent with an explosion was detected last Wednesday night in the Atlantic coast area where Argentine Navy officials say a submarine went missing.

Brazil’s government is scaling back a proposal to overhaul the country’s insolvent pension system, part of a last-ditch effort to get congressional support for the unpopular bill ahead of general elections next year.

Although the Bank of Mexico is sticking to its forecast that inflation will return to its 3% target by the end of next year, several board members questioned the likelihood of that happening when they agreed in early November to leave interest rates unchanged, minutes to the meeting showed.

Argentina delayed accepting vital help from the British Navy, a former enemy, in the hunt for its missing submarine, two people familiar with the search said, as criticism grew Wednesday over the government’s handling of the crisis.

Four of the six Citgo Petroleum executives arrested in Caracas Tuesday for alleged corruption are U.S. citizens, a company official said Wednesday.

U.S. Trade Representative Robert Lighthizer issued a downbeat assessment Tuesday of efforts to rewrite Nafta, decrying ‘a lack of headway’ and criticizing Canada and Mexico for refusing to ‘seriously engage’ on controversial U.S. proposals aimed at cutting the U.S. trade deficit.

Giant waves subsided off the coast of Argentina and stormy skies cleared, making it easier for search-and-rescue crews trying to locate a missing Argentine submarine and its 44 crew members.

Mexico’s minimum wage commission decided on an above-inflation increase in the country’s minimum wage in a continued effort to restore lost purchasing power among the country’s lowest-paid workers.

Naval forces from the United States and several other countries, battling strong winds and high waves, joined in a race to find a missing submarine thought to have sunk hundreds of miles off the coast of Argentina with 44 crew members and dwindling oxygen supplies.

A multinational search for a missing Argentine submarine continued late Sunday as concern rose over the fate of the 44-member crew, which was supposed to have made contact four days ago.

Chile’s former president, Sebastián Piñera, got the most votes in Sunday’s presidential election, but received less support than expected as the country now prepares for a second-round runoff next month.

Adolfo Lagos, a senior executive of television broadcaster Grupo Televisa was shot dead Sunday in an apparent robbery attempt while biking near Mexico City, the company said.

Argentina’s Navy couldn't confirm Sunday if seven brief satellite calls received a day earlier were from a lost submarine with 44 crew members on board.

The Argentine Navy detected seven brief satellite calls Saturday that officials believe may have come from a submarine with 44 crew members that hadn’t been heard from in three days.

Antonio Ledezma, a top opposition figure who led protests against President Nicolás Maduro’s government, fled house arrest in Caracas and crossed the border into neighboring Colombia, officials said.