- EMERGING MARKETS-Latam FX strengthens, Brazil shares buck global gloom
Latin American currencies firmed against a
steady dollar on Friday, while shares of top lenders bolstered
Brazilian stocks, which were on course to rise for the first
time in four VEsessions.
Chile's peso rose 0.4 percent and led gains among
regional currencies, while the Colombian peso tracked oil
Christian Lawrence, a senior market strategist at Rabobank,
attributed the day's currency moves to a bit of squaring up of
- Chile state copper miner Codelco sees 1.9 pct y/y production drop in 2018
Chilean state copper miner
Codelco saw a 1.9 percent drop in its output in 2018, at 1.8
million tonnes, while production at the world's largest copper
mine, Escondida, shot up 34 percent in the same year, Chile's
copper commission said on Thursday.
Codelco was affected by a natural decline in ore grades, an
issue it is seeking to reverse with a major program of upgrades.
Production at Escondida, controlled by BHP Group Ltd,
rose to 1.24 million tonnes because of a low
- Monument or mirage? Hand rises from the desert
Driving through Chile's Atacama Desert can be disorienting, and travelers may mistake an unusual monument for a mirage. But Hand of the Desert is indeed a 36-foot hand rising from the sand.
- As opium poppies bloom, Mexico seeks to halt heroin trade
In the mountains of Mexico's tropical sierra, an ever-growing expanse of pink poppy flowers has pushed prices so low for opium paste, the gummy raw ingredient of heroin, that farmer Santiago Sanchez worries how he will feed and clothe his family.
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