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Bloomberg News

Bloomberg News

May 23, 2016 | Daily Business Review

How Panama Papers May Be a Boon for Cash-Strapped Argentina

When leaked Panama Papers listed President Mauricio Macri of Argentina as the director of an offshore shell company, he found himself on the front page of the world's newspapers for all the wrong reasons. But the documents may ultimately prove to be a blessing for his cash-strapped government and its ability to repay debt.

By Charlie Devereux Bloomberg News

4 minute read

May 19, 2016 | Daily Business Review

People Openly Sell Votes for $20 in the Dominican Republic

Jayson was a first-time voter in the Dominican Republic, or would have been, if he'd had any intention of voting. Instead he was figuring out how to turn his ballot card into cash.

By Ezra Fieser Bloomberg News

9 minute read

May 19, 2016 | Daily Business Review

Uruguay Is Betting Size Doesn't Matter in Global Caviar Market

Beef and wine producer Uruguay is branching out into a product not normally associated with the pampas of South America: caviar. And it isn't just any caviar, it's premium ossetra caviar, and give it another few years, the even more expensive beluga caviar.

By Ken Parks Bloomberg News

3 minute read

May 18, 2016 | Daily Business Review

A Day With the Buy-and-Flip Hustlers Who Rule in Venezuela

They are called bachaqueros and they start their day at 2 a.m. They line up and sell everything, even their place in line.

By Andrew Rosati Bloomberg News

10 minute read

May 11, 2016 | Daily Business Review

Dead-of-Night Reversal Puts Brazil Impeachment Back on Track

The drive to oust President Dilma Rousseff is back on track after the head of the lower house reversed a decision that had earlier threatened to throw the entire impeachment process into chaos.

By Arnaldo Galvao, Raymond Colitt and Anna Edgerton, Bloomberg News

4 minute read

April 23, 2016 | Daily Business Review

The $38 Million CEO Who Out-Earned His Florida Software Company Last Year

Support for Ultimate's pay practices have averaged just 66 percent in the past five years, the kind of level that typically triggers company boards to reconsider.

By Caleb Melby and Alicia Ritcey, Bloomberg News

15 minute read

April 19, 2016 | Daily Business Review

Brawls, Sermons and Confetti: Brazilian Impeachments Have It All

When Brazilian legislators gather to impeach a president, it's anything but a solemn affair. Think Carnival of Brazil.

By Julia Leite, Vanessa Dezem and Blake Schmidt Bloomberg News

8 minute read

March 16, 2016 | Daily Business Review

Obama Predicts Cuban Embargo Will Be Lifted Under His Successor

President Barack Obama said sentiment in Congress is building toward lifting the decades-old trade embargo with Cuba, but it's "not yet at a critical mass" and that the next big step in restoring relations with the island nation will be left for his successor.

By Margaret Talev, Bloomberg News

2 minute read

January 26, 2016 | Daily Business Review

Venezuela Congress Shoots Down Maduro Bid for Decree Powers

President Nicolas Maduro failed to secure far-reaching powers he says he needs to address triple-digit inflation and Venezuela's deepest recession in over a decade as the National Assembly refused to pass his emergency economic decree bill.

By Andrew Rosati Bloomberg News

4 minute read

August 17, 2015 | Daily Business Review

Millennials Are Developing Parents' Taste for Jaguars, Cadillacs

Millennials are developing a taste for expensive—and even luxury—automobiles and taking out cheap leases so they can afford them.

By Patrick Ralph Bloomberg News

3 minute read