Daily Headlines: July 9, 2014

* Mexico: Mexican legislators passed a major telecommunications reform package that could diminish the control of America Movil and Televisa over the phone and TV industries, respectively.

* Brazil: A record 35.6 million tweets on Twitter were sent during the humiliating elimination of Brazil from the World Cup by Germany on Tuesday.

* Argentina: Former Finance Minister Domingo Cavallo claimed that Argentina’s current debt repayment crisis could be worse than the country’s economic collapse that he presided over in 2001.

* Puerto Rico: Will the U.S. Congress provide a lifeline to the financially troubled Puerto Rican island?

Video Source – CCTV America via YouTube
 
Online Sources – Bloomberg; LatinFinance; USA TODAY; Reuters; The Latin Americanist