Brazilian media report the president is considering a series of measures to jump-start the economy as new corruption allegations emerge
Category: Economy & Policy
Argentina sticks to 2017 GDP forecast, but some economists see lower growth
Argentine Finance Minister Alfonso Prat-Gay is maintaining his outlook of 3.5% economic growth next year despite recent data showing few signs of a recovery
Odebrecht apologizes for corruption
Brazilian conglomerate keeps looking for buyers of pipeline and hydro power assets in Peru
Venezuela pushes back against Mercosur suspension
Reacting to a decision by other Mercosur members, the Venezuelan government has said it “will not recognize this invalid action”
Brazil cuts interest rates again
Brazil central bank’s decision followed the release of new data showing the economy shrank 0.8% in Q3
Carstens leaves central bank
Mexican central bank governor will step down next July to join the Bank for International Settlements
Mexico Central Bank Governor Carstens plans to step down
Agustin Carstens will leave Mexico’s central bank in July to take the top job at the Bank of International Settlements (BIS)
Temer clinches austerity vote, but economic rebound remains elusive
Hours after lawmakers approved a plan by Brazil’s president to curb government spending, the country’s GDP data showed the economy contracted for the seventh straight quarter
Colombia holds rates
Central bank keeps benchmark lending rate unchanged for the fourth month in a row
Chile holds rates
Central bank keeps its benchmark lending rate at 3.5% for the 11th month in a row
