Industries and markets

The Trouble with Argentina’s Economy

“With sustained economic growth, Argentina would be able to avoid another debt crisis. Although there are no silver bullets to put the economy on a more stable path, changing current macroeconomic policies would at least

Brazil’ finance minister optimistic about pension reform and privatizations

“Brazilian Economy Minister Paulo Guedes said on Wednesday he is “optimistic” that Congress will pass a pension reform bill that will generate savings of 1 trillion reais (US$ 261.68 billion) over 10 years, in line

Petrobras to receive US$ 9.058bn following agreement with the government

“Albuquerque told reporters after a meeting in Brasilia that the agreement opens the way for the government to auction off the excess oil in the transfer-of-rights area, a giant pre-salt oil reserve off the coast

Argentina and Colombia to co-host 2020 Copa America

“South America’s soccer body CONMEBOL confirmed the dual hosts on Tuesday during a meeting in Rio de Janeiro, where the final of this year’s tournament will take place on July 7.”

UN to help human rights training of Mexico’s National Guard

“High Commissioner Michelle Bachelet said that her office will offer technical assistance to ensure that Mexico’s new security force respects human rights. “Experience shows us that you can’t have security without full respect for human

NATO does not discard Latin American countries joining as alliance partners

“NATO can look at the possibility of other Latin American states joining Colombia in becoming alliance partners, Secretary General Jens Stoltenberg said on Wednesday, while appearing to rule out U.S. President Donald Trump’s suggestion that

Brazilian scientists lament big budget freeze

“The latest federal budget news coming out of Brasília has Brazilian scientists fearing the worst. On 29 March, faced with a stagnant economy and falling tax revenues, the government announced it was “freezing” nearly 30

Brazilian markets react positively on hopes of progress on pension reform

“MSCI’s index of Latin American stocks rose 1.2 percent. Each country’s bourse gained at least as much as the regional benchmark. Sao Paulo-traded stocks tacked on 1.9 percent, clocking broad-based gains in their best one-day

Trade, migration are separate issues, Mexico tells Trump, who makes new threat

“For the government of Mexico, keeping migration issues and trade issues separate is very important,” Graciela Márquez told a press conference. “The United States government sometimes mixes the two issues but for us it’s very

Argentina Gets $10.8 Billion From IMF as Peso Hits Record Low

“The IMF didn’t specify a date for release of the funds, which were approved on the day that the peso closed at a new record low. Argentina signed the $56 billion expanded credit deal with