Abelardo De La Espriella’s narrow victory in the presidential election could complicate his plans for fiscal reform, say analysts
Category: Economy & Policy
Still-high Brazil rates take toll on ECM
Hopes of an expected upturn in IPO activity have been dashed again due to a worsening outlook for inflation—and rate cuts
De La Espriella holds slim lead in Colombian presidential vote
Far-right lawyer Abelardo De La Espriella has a wafer thin lead in the initial vote count in Colombia’s presidential runoff election
Argentina gives conditional approval for Telecom’s Telefónica deal
Argentine telco must sell assets to secure regulatory approval for a tie-up that would create the biggest telco in the local market
Argentina lands another loan guarantee
The IDB’s move, like a recent World Bank deal, seeks to help the sovereign raise more funds ahead of a return to global bond market
Argentina snares loan guarantees from World Bank
Package paves the way for a commercial loan to support reforms and a return to the global bond market
Fitch sees potential for another Argentina upgrade
Accumulating reserves in an election year will be key, and a return to the global bond market could help, says senior agency official
Argentine markets cheer sovereign upgrade
The country’s risk premium falls to the lowest since 2018 after S&P follows Fitch in bumping up the sovereign’s debt rating to B-
Mexico ratchets up catastrophe insurance
The government doubles its catastrophe insurance program to roughly $600 mln as hurricane season begins
Peru markets wobble as Sánchez takes lead in presidential vote
Peruvian assets weaken as leftist presidential candidate overtakes Fujimori in official vote count, sparking investor caution
