Vice president-elect says a World Bank funding package and technical assistance from the IMF are in the works
Category: Economy & Policy
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Argentina picks up international loans
Latin America’s third-largest economy will use the funds to refinance debt maturing in 2027 in lieu of tapping the global bond market
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USMCA uncertainty adds to Mexico rating concerns: S&P
Agency warns it could downgrade Mexico’s rating in the absence of fiscal consolidation or if economic ties with the US deteriorate
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Peru’s longtime central bank chief to stay on
President-elect Keiko Fujimori invites Julio Velarde to serve another term, extending his two-decade stint at the bank’s helm
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Argentina keeps global bond comeback on back burner
Caputo says issuance is an option but the government will pursue other options first to cover its funding needs through 2027
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UN estimates damage from Venezuela quakes at $37bn
Calculation includes physical damage to buildings as well as infrastructure, with telecoms the worst affected sector, UN says
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USMCA uncertainty set to weigh on Mexican investment
Business confidence and investment will take a hit after the US decides against extending the North American trade pact, analysts say
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US refuses to renew USMCA
Trump administration opts instead to review US-Mexico-Canada trade deal annually, which analyst says is a net positive for the Mexican economy
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Colombia’s new president names incoming finmin
Former lawmaker and ex-Bancoldex chief Miguel Gómez will be charged with reining in runaway public spending
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Post-election Colombia rally rests on fiscal turnaround
Abelardo De La Espriella’s narrow victory in the presidential election could complicate his plans for fiscal reform, say analysts