* U.S.: A report written for the William C. Velasquez Institute concluded that Latinos and blacks face a disproportionate risk of foreclosure as a result of higher unemployment rates and a greater probability of signing off on high-risk loans.* Venezuela: The country is officially in recession due to the global economic slowdown and decreasing oil prices according to government officials.
* Brazil: Execs at state-run oil firm Petrobras claimed to have found a massive offshore field with the capacity to produce an estimated 25 million barrels of light crude.
* Mexico: Harvard University recently recognized Mexico City's bus rapid transit system for helping reduce pollution in the metropolis.
Image – MSNBC
Online Sources- Forbes, LAHT, boston.com, WCBS
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