The mining industry, the engine of Peru’s economic growth for more than a decade, is at a difficult crossroads. A new president vows to make the industry shine again
Category: Economy & Policy
CHINA LOANS: Old flame
China’s policy lenders have been key to projecting the country’s economic influence in Latin America even as it pursues a renewed strategic focus on Asia. By Tom Nelthorpe
Bolivia touts healthy economic growth ahead of possible bond sale
The South American sovereign is on pace to grow almost 5% this year and could issue up to $1 billion in bonds
AWARD CENTRAL BANK GOVERNOR: Sign language
Careful signaling to markets and consumers by Peru’s Julio Velarde helped keep inflation in check. By Robert Kozak
Videgaray steps down as FinMin
Former SHCP head Jose Antonio Meade returns to the role
Colombia leaves rates alone
Central bank leaves rates unchanged after 11 consecutive hikes
Global central bank stimulus ineffective, says PPK
Peruvian president discusses international monetary policy, but says Andean country is not at risk from excessive flows of “hot money”
Moody’s downgrades Veracruz
Rating agency cuts the state’s ratings to reflect its deteriorating financial position and weaker liquidity
Markets mixed at Dilma’s removal
Brazil’s capital markets are gearing for a busy couple of months after former President Dilma Rousseff was officially removed from office
Global central banks ineffective, says Peru’s PPK
Weak growth worldwide hampers export markets, but Andean nation is safe from unstable flows of hot money, new president tells LatinFinance
