The country’s risk premium falls to the lowest since 2018 after S&P follows Fitch in bumping up the sovereign’s debt rating to B-
Category: Economy & Policy
Posted inDaily Brief
Mexico ratchets up catastrophe insurance
The government doubles its catastrophe insurance program to roughly $600 mln as hurricane season begins
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Peru markets wobble as Sánchez takes lead in presidential vote
Peruvian assets weaken as leftist presidential candidate overtakes Fujimori in official vote count, sparking investor caution
Posted inDaily Brief
Peru presidential vote going down to the wire, exit poll shows
Investor-friendly presidential candidate Keiko Fujimori held a slim lead over leftist former lawmaker Roberto Sánchez, in poll after Sunday’s vote
Posted inDaily Brief
Argentina picks Jan De Nul for waterway contract
Belgian firm beats rival DEME in race for 30-year concession to manage key shipping link to global market
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Suriname bets on oil to fund nature projects
South American nation will use royalties from offshore developments to protect its forests and mangroves, minister says
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Colombian markets rally after election surprise by pro-Trump candidate
Stocks and currency jump as far-right candidate De La Espriella unexpectedly leads the first round of voting in presidential race
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Argentina moves to open nuclear power to private investment
Government sends bill to lawmakers with the goal of making the country a regional leader in nuclear energy
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Rightist lawyer to face leftist senator in Colombian presidential runoff
Political newcomer Abelardo De La Espriella was set to finish first in Sunday’s ballot, with senator Iván Cepeda a close second
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Brazil’s Amazon deforestation gains face election, funding risks
The country’s recent success in slowing the destruction of its primary forests could be jeopardized if Lula is voted out of office, say environmentalists