Venezuela’s contagion effect forces rating agency to cut the state’s US-based service station provider to CCC from B-
Category: Economy & Policy
Posted inDaily Brief
Investors snub Venezuela “Petro” talk
President Maduro plots cryptocurrency instrument to combat US sanctions, but bond buyers say it will have little impact on the country’s hyperinflation
Posted inDaily Brief
Guatemala political crisis threatens growth, Fitch Ratings
Rating agency warns that social unrest could hinder the Central American nation’s governability
Posted inDaily Brief
Mexico re-signs IMF credit line
Worth roughly $88bn, the FCL cushions the North American country’s foreign reserves
Posted inDaily Brief
Honduras’ bonds dip on election uncertainty
Central American sovereign issuer’s curve widens three-to-four points after the weekend’s surprising polling figures
Posted inDaily Brief
Chilean securities react to leftist gains
Conservative candidate Sebastian Pinera wins the most votes, but fails to avoid a December 17 run-off against socialist Alejandro Guillier
Posted inDaily Brief
Mexico leaves rates on hold
Central bank keeps benchmark at 7% due to increased inflation and FX volatility
Posted inMagazine
Brazilian businesses take on money laundering
Beyond banks, other Brazilian businesses are also being forced to take action to clamp down on money laundering.
Posted inMagazine
IMF Roundtable: Turning the Corner
In a roundtable discussion hosted by LatinFinance at the IMF/World Bank annual meetings, policymakers and investors discussed the changes in the global financial and economic landscape, the future of NAFTA and upcoming elections in Latin America.
Posted inMagazine
Scenes from the IMF/World Bank meetings
Gathered for the IMF/World Bank annual meetings, government officials from Latin America and the Caribbean presented a mixed picture of economic prospects in the region.