Martin Vizcarra stepped down a day after the government voided a $525m contract to build and operate a new airport near Cuzco
Category: Economy & Policy
Brazil’s JBS resumes leniency talks as shares plunge
The Brazilian meatpacker says it is continuing to negotiate with prosecutors over a fine in connection with a bribery scandal, while Moody’s downgrades its debt a notch
Brazil’s securities regulator investigates JBS
CVM opens probe after press reports that the company at the center of the latest corruption scandal bought “large quantities” of dollars in the currency markets
Chile cuts rates again
Central bank cut its benchmark interest rate by 25bp to 2.5%
Mexico hikes rates
Central bank increases the benchmark interest rate by 25bp to 6.75%
Sabesp gets set for international expansion
Sao Paulo state government sees the water company’s future subsidiaries branching out to other markets in South America
Brazil, Petrobras bonds fall on fresh corruption reports
President Michel Temer is allegedly implicated in a scheme to pay off former House Speaker Eduardo Cunha
Chile mulls rate cuts
Central bank remains concerned over weak growth and a deteriorating labor market
Mexico gears for rate hike
Central bank meets today as analysts predict a 25bp increase in the benchmark interest rate
Peru cuts rates
Central bank lowers benchmark interest rate by 25bp for the first time in 15 months
