South America - News Headlines

Convicted fraudster accused for trying to flee US
January 9th, 2018. 4:15 PM

Authorities: Florida businessman convicted in a $179 million investment scheme arrested while trying to flee to South America using a private jet

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Exxon Mobil Corp. finds more oil in deep waters off Guyana
January 5th, 2018. 10:27 AM

Exxon Mobil Corp. is reporting another significant oil discovery in deep Atlantic Ocean waters off Guyana. The company says its Ranger-1 well hit a major oil reservoir in an area known as the Stabroek Block off the South American country

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Jurors in soccer bribery trial head home for weekend
December 15th, 2017. 1:45 PM

Jurors at the New York corruption trial of three former South American soccer officials have gone home for the weekend after getting started with their deliberations

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The Latest: Closing arguments end at soccer bribery trial
December 14th, 2017. 5:42 PM

Closing arguments at US corruption trial of 3 South American soccer ex-officials conclude with lawyer for ex-president of Brazil's soccer federation claiming client clueless about bribery scheme; prosecutor says star witness 'devastating' for defense

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Venezuela quickly resolves financial dispute with China
December 13th, 2017. 9:19 PM

Venezuela's cash-strapped government has quickly settled a lawsuit filed by a state-run Chinese company, making good on an unpaid bill and appeasing an important ally that holds billions in the South American country's debt

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Chinese firm sues Venezuela as crisis tests ally's patience
December 7th, 2017. 4:47 AM

One of China's biggest state-run conglomerates is suing a Venezuelan counterpart in a U.S. court in a dispute over unpaid bills, a sign of Beijing's growing impatience with its crisis-wracked South American ally

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Chinese firm sues Venezuela as crisis tests ally's patience
December 7th, 2017. 12:00 AM

One of China's biggest state-run conglomerates is suing a Venezuelan counterpart in a U.S. court in a dispute over unpaid bills, a sign of Beijing's growing impatience with its crisis-wracked South American ally

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Secret recordings emerge as key evidence at FIFA bribe trial
December 6th, 2017. 3:51 PM

Secret recordings made with help of onetime Brazilian sports marketing executive become key evidence at New York corruption trial of 3 former South American soccer officials

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Ecuador to pay $337 million to ConocoPhillips subsidiary
December 4th, 2017. 6:29 PM

Ecuador has agreed to pay $337 million to ConocoPhillips-subsidiary Burlington Resources five years after a ruling that the South American nation illegally expropriated valuable oil assets

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Key witness to return to witness stand in FIFA trial
November 17th, 2017. 12:42 AM

An ex-marketing executive from Argentina is due back on the witness stand for a fourth day in the U.S. corruption case against three former South American soccer officials

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FIFA trial defense lawyers grill key government witness
November 16th, 2017. 2:53 PM

Defense attorneys have begun cross-examining a key government witness at the US trial of 3 former South American soccer officials charged in the FIFA bribery scandal

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The Latest: Bail conditions tightened in FIFA bribery case
November 15th, 2017. 6:06 PM

A New York judge has tightened the bail conditions of a former South American soccer official accused of taking bribes in exchange for his help securing broadcasting and hosting rights for tournaments

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Former South American soccer officials face US bribery trial
November 12th, 2017. 11:02 AM

3 former South American soccer officials are going to trial in a US case expected to provide window into FIFA corruption.

Juan Angel Napout, Manuel Burga, Jose Maria Marin
Developer who plotted escape after fatal crash gets prison
October 18th, 2017. 9:46 PM

A New York real estate developer caught trying to flee to South America following a fatal car crash in the Hamptons has been sentenced to 3 to 9 years in prison

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Developer who plotted South America escape pleads guilty
August 15th, 2017. 6:49 PM

A New York real estate developer caught trying to flee to South America following a fatal car crash in the Hamptons has pleaded guilty to aggravated vehicular homicide and other charges

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Credit Suisse bans trading of Venezuelan bonds
August 10th, 2017. 6:38 PM

Credit Suisse is banning the trading and use of Venezuelan bonds, as the constitutional crisis in the South American country continues to escalate

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Mercosur trade bloc suspends Venezuela on democracy concerns
August 5th, 2017. 3:00 PM

The South American trade bloc Mercosur has suspended Venezuela indefinitely for failing to uphold democratic norms amid an intensifying crackdown on dissent in the country

Mercosur trade bloc suspends Venezuela on democracy concerns
OAS chief says he backs targeted sanctions against Venezuela
July 19th, 2017. 6:24 PM

The leader of the Western Hemisphere's largest diplomatic body says he supports targeted sanctions against Venezuelan officials responsible for the political and economic turmoil gripping the South American nation

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US prosecutors: illegal gold used in money-laundering scheme
July 9th, 2017. 10:46 AM

US prosecutors say 3 ex-workers at Miami-area metals refinery accused of importing more than $1 billion in illegally mined gold from South America

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Clash at Canadian-owned mine in Suriname leaves 4 injured
June 22nd, 2017. 6:20 PM

A gold mine in Suriname that is majority-owned by a Canadian company says four people were injured when independent miners tried to occupy a portion of its concession in the South American company

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