Central bank keeps benchmark lending rate at 4.25% for the 12th month in a row
Category: Economy & Policy
Peru puts price tag on Odebrecht scandal
Brazilian builder’s bribes cost the Peruvian economy $283m, comptroller says
Peru says Odebrecht bribery scandal cost the economy $283m
The Brazilian builder has admitted to paying $29m in bribes to win public works contracts in Peru between 2005 and 2014
Brazil cuts benchmark rate to 13%
Central bank takes cue from falling inflation and weaker-than-expected economic activity
How Argentina’s tax amnesty could be a boon for its local capital markets
With global investor interest in Argentina expected to moderate this year, a plan to encourage Argentines to bring home their undeclared overseas assets could boost the local capital markets
Borrowing close to home to get easier in Brazil, tougher in Mexico
Latin America’s three largest local bond markets offer a study in contrast. Colombia’s market is gaining steam and becoming more accessible to companies beyond the top-rated issuers. But it still […]
Brazil prepares another rate cut
Central bank is likely to lower the Selic monetary policy rate by 75bp this week, analysts say
Peru wants Odebrecht to pay more than $25m to settle bribery case
President Pedro Pablo Kuczysnki says the company, which has admitted to paying $29m in bribes in Peru, could potentially pay an even higher amount in fines
Argentina moves to attract investment by lifting foreign capital restrictions
Government decrees a stop to a 120-day holding period as the Macri administration struggles to lift the country out of a recession
Ecuador bars Odebrecht from new contracts
Andean nation becomes the third country to prohibit the Brazilian builder from developing new public works projects
