The two earthquakes that shook Mexico are not expected to unsettle the economy. Rather, a short-term surge in retail sales and the rebuilding efforts could provide a boost.
Category: Economy & Policy
Posted inMagazine
Regulators put fintech regulations into place in Latin America
The radical evolution of the financial system is catching supervisors on the back foot. How they respond will determine whether technology becomes a force for development or a source of stress and economic destabilization.
Posted inDaily Brief
Sao Paulo government courts European investors
State government representatives market an infrastructure concession opportunity
Posted inDaily Brief
S&P upgrades Argentina
The credit rating agency raised the sovereign’s rating to B+ from B
Posted inDaily Brief
Colombia cuts benchmark rate
Central Bank surprises analysts with a 25bp reduction in interest levels
Posted inDaily Brief
Brazil’s pre-salt auctions promise hefty cash waterfall
Energy regulator offloads six blocks throughout the second and third bidding rounds of product sharing
Posted inDaily Brief
Copom cuts Selic
Brazil’s central bank said in a statement that it lowered the benchmark interest rate by 75bp to 7.5%, a move largely in line with most analysts’ reports
Posted inDaily Brief
Argentina ups monetary policy
Argentina’s central bank hiked its monetary policy rate to 27.75% from 26.25% in a bid to lower the country’s inflation rate.
Posted inDaily Brief
Brazil pension reform unlikely, Moody’s
Brazilian President Michel Temer’s proposed pension overhaul is unlikely to pass the tape in the immediate term, according to a report from Moody’s.
Posted inDaily Brief
Chile holds rates again
Central bank keeps benchmark interest at 2.5%, warns it will pay closer attention to delayed convergence of inflation