Daily Headlines: March 8, 2013

Argentina: An Argentine court convicted former president Carlos Menem for illegally selling weapons to Croatia and Ecuador during the 1990s.

* Brazil: The price of sugar hit a four-month high due to the possibility that Brazilian sugar growers will increase ethanol production.

* Panama: Mariano Rivera, who has a record 608 saves, is expected to soon announce his retirement from professional baseball.

* Puerto Rico: Gov. Alejandro Garcia Padilla endorsed a proposal that would grant drivers licenses to undocumented immigrants.

Online Sources - Bloomberg, BBC News, USA TODAY, Huffington Post