Capital keeps flowing into Latin America

Latin America – and South America, in particular – has been in crisis for years. Yet foreign capital, both direct and financial investment, has continued to flow into the region.

China state firms eye land around Panama Canal

The Panama Canal Authority will officially open a tender to develop about 1,200 hectares of land - roughly the size of 1,200 football fields - around the waterway by the end of this year into a logistics park

Brazil into junk territory according to S&P

Standard & Poor's downgraded Brazil's credit rating deeper into junk territory citing its failure to curb its fiscal deficit, in a surprise blow to President Dilma Rousseff`s bid to haul the economy out of its worst recession in decades.