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Endorsements show Republican race’s redrawn battlelines

South Carolina / Bloomberg South Carolina Governor Nikki Haley shook up the Republican presidential race this week by endorsing Florida Senator Marco Rubio. But much of the endorsement action is back in Washington, where a Bloomberg Politics analysis illustrates Ted Cruz’s clear dominance with hard-core conservatives; the battle between Rubio and Jeb Bush for establishment support; and John Kasich’s potential ...

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World Bank sees modest economic drag from Zika

Bogota / AP The spread of Zika will have a modest drag on economies in Latin America, with tourism-dependent Caribbean nations most at risk, the World Bank said. It made $150 million immediately available to help fight the virus. The World Health Organization has declared a global health emergency in response to the Zika outbreak and the U.S. is urging ...

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Colombia declares rate rise, budget cut

Bloomberg Colombia became the second Latin American nation this week to raise interest rates, cut government spending and announce steps to shore up its currency as commodity prices tumble. A majority of the seven-member board voted to increase the policy rate a quarter point to 6.25 percent, bank Governor Jose Dario Uribe told reporters in Bogota after the meeting. The ...

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