Daily Headlines: July 20, 2012

* South America: Brazil's oil regulator confirmed that Chevron will have to pay a $24.7 million fine for an offshore oil leak last November, while Chevron will invest an additional $2 billion in a joint venture with Venezuela’s PDVSA.

* U.S.: A U.S. immigration judge granted asylum to a woman who fled her native Guatemala in 2004 after she was “brutally beaten and raped by her common law husband.”

* Argentina: One of the worst droughts to hit the U.S. in recent history could benefit Argentine grain farmers.

* Mexico: The head of the Mexico's National Institute of Indian Languages warned that sixty-four indigenous dialects could soon “die out.”

Video Source – YouTube via Associated Press (Video from November 2011).

Online Sources- Reuters, San Jose Mercury News, Busninessweek, GlobalPost