Lula administration approves loans and subsidies for rural and farming sectors, while holding fire on reciprocity legislation
Category: Economy & Policy
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São Paulo taps World Bank loan
Loan will fund policy reforms designed to cut red tape and expand business opportunities in Brazil’s most populous state
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Brazil slams new US tariffs
The US government imposes 25% tariffs on most imports from Latin America’s biggest economy, which vows to retaliate
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Bolivia lines up development loan
Government signs MOU with US foreign aid agency Millenium Challenge Corp
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Incoming Colombian administration seeks support of multilateral lenders
Vice president-elect says a World Bank funding package and technical assistance from the IMF are in the works
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Argentina picks up international loans
Latin America’s third-largest economy will use the funds to refinance debt maturing in 2027 in lieu of tapping the global bond market
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USMCA uncertainty adds to Mexico rating concerns: S&P
Agency warns it could downgrade Mexico’s rating in the absence of fiscal consolidation or if economic ties with the US deteriorate
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Peru’s longtime central bank chief to stay on
President-elect Keiko Fujimori invites Julio Velarde to serve another term, extending his two-decade stint at the bank’s helm
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Argentina keeps global bond comeback on back burner
Caputo says issuance is an option but the government will pursue other options first to cover its funding needs through 2027
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UN estimates damage from Venezuela quakes at $37bn
Calculation includes physical damage to buildings as well as infrastructure, with telecoms the worst affected sector, UN says