Political crisis hits Chile’s economy

Government announces downward revision in growth estimates

Pope prepares for South America trip

Pontiff plans to visit Ecuador, Bolivia and Paraguay

Brazil reforms to ease Petrobras pressure

Law changes will open up offshore oil discovery

Week in Review

Week in Review, July 4

BP settles over Gulf spill; Toyota, Petrobras and John Lewis also in the news

MSC Cruises to base ship in Havana

Optimal time to establish presence in Cuba, says cruise ship operator

Petrobras graft loss may be understated

Prosecutor says state oil company’s R$6.2bn estimate is ‘conservative’

Rousseff struggles with approval ratings

Brazilian president’s unpopularity reaches record levels

Mexican peso hits record low — what now?

Strategists take opposing views on currency’s next move

Brazil hails long-awaited EU trade deal

Hopes raised for exchange of offers on tariffs by end of year

Emission vows boost climate deal hopes

US, Brazil, China and South Korea promise to curb carbon output

LatAm Autos: revved up for online car ads

Two Australians eye region’s auto classifieds market as it shifts to digital

Petrobras chief pledges investor focus

Bendine talk of ‘shareholder value’ promises fresh approach

Petrobras slashes investment to cut debt

Forecasts for domestic production by 2020 cut by a third

Rousseff adviser charts a path for Brazil

With economy set to shrink, Unger faces a difficult task

Puerto Rico admits debts ‘not payable’

Report on economy finds fiscal deficit deeper than thought

Success stems from resilience of spirit

Troubled history has spawned thriving drinks industry

Big money lies behind Havana Club fight

Cuba’s revolution planted the seeds of the struggle between Pernod and Bacardí

Guatemala seizes premium high ground

Meet the master blender whose nose and skill have made the Zacapa brand so sought after

Strategy wants more of us to sip and not mix

Small Caribbean brands struggle with distribution

Mexico’s super-rich under scrutiny

The country’s wealthy and powerful are used to attention, but not all publicity is good