Forecasters say a handful of major hurricanes could hit the U.S. this season. Florida's largest insurer is now a state-run company, filling the void left by wary private firms. But is that a good thing? Dan Grech reports.
That's right, investors in Mexico drove that market to a record high yesterday on news that a soon-to-be-announced tax overhaul may require Mexican businesses to pay more taxes. Seems that's better than no reform at all, Dan Grech reports.
Venezuela's Hugo Chavez is taking over the country's airwaves. His government already controls many media outlets there — on which he broadcasts live up to 40 hours a week — and now he's taking over its most-watched TV network. Dan Grech reports.
Researchers have stumbled across an interesting correlation between immigration and the economy: The number of migrants apprehended at the Mexican border appears to be a very good predictor of economic growth in the U.S. Dan Grech reports.
Venezuela's oldest, most-watched TV network is going to have its broadcast license pulled by the government at the end of the month. It's the price for getting on the wrong side of President Hugo Chavez. Dan Grech reports.
No question, Hugo Chavez's social revolution is in motion. Venezuela's state oil today takes over operations currently run by foreign companies — a move that's infuriated Big Oil and could cost a lot of little guys their jobs. Dan Grech explains.
Most foreign energy firms doing business in Venezuela have agreed to sell their oil interests to the government of President Hugo Chavez. But Houston-based ConocoPhillips is holding out. Dan Grech reports.
Treasury Secretary Henry Paulson traveled to Mexico today to meet with officials about reducing poverty by making more capital available to small businesses. Dan Grech reports.
Bolivia's government has lost control of its populace. Demonstrators from rivaling provinces have forced work stoppages and taken to the streets in an ongoing battle over who gets what share of the nation's oil and gas revenue.
In Venezuela, the government of President Hugo Chavez is going to provide workers with four hours of free classes each week — in Marxism. Dan Grech reports.