Colombia

Starbucks Goes South with a Big Surge in Latin America

Starbucks fans hoping to satisfy a Frappuccino craving in Costa Rica used to be out of luck -- until Wednesday morning, when it opened its first store there. But that's just the tip of the iceberg in Latin American for coffee powerhouse.

White House Threatens to Hold Up Key Trade Deals

The White House is threatening to hold up final passage of three coveted free trade agreements with South Korea, Panama and Colombia unless lawmakers expand retraining assistance for American workers who lose their jobs because of foreign competition.

BP Sells Operations in Colombia for $1.9 Billion

BP, which needs to raise funds to help clean up the worst oil spill in U.S. history, said Tuesday it will sell its operations in Colombia for $1.9 billion to Ecopetrol and the Canadian company Talisman. Ecopetrol is the largest oil company in Colombia.

Chavez Threatens to Cut Oil Exports to U.S. if Colombia Attacks

Venezuelan President Hugo Chavez threatened to cut off oil exports to the United States if Colombia launches a military attack on his country. Chavez cut off diplomatic relations with Colombia last week over claims by outgoing President Alvaro Uribe that Venezuela harbors Colombian rebels. Chavez says the United States is behind the allegations.