BUENOS AIRES (Reuters) -A delegation from Argentina’s Economy Ministry traveled to Washington on Tuesday to finalize details on the goals and disbursements involved in a $44 billion Internationa[...]
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Latin America
Cuba still struggling to earn foreign currency
By Marc Frank HAVANA (Reuters) – Cash-starved Cuba fell short of its export and import plans through June of this year amidst grave shortages linked to its dependence on food, fuel and inputs fo[...]
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Brazil’s economic activity surprises negatively with 2% decline in May
BRASILIA (Reuters) – Economic activity in Brazil declined in May, showed a central bank index on Monday, signaling a non-linear trajectory for the country’s growth, even as analysts have b[...]
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EU, Mercosur see little trade deal progress at inter-region summit
BRUSSELS (Reuters) – Next week’s summit of leaders from the European Union, Latin America and the Caribbean is unlikely to unlock a proposed EU-Mercosur free trade agreement, officials fro[...]
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Brazil to renegotiate low-income debt using state guarantees from September
BRASILIA (Reuters) -Brazil is to launch a debt renegotiation program for millions of lower-income individuals using state guarantees in September, fulfilling a campaign promise of leftist President Lu[...]
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Brazil retail sales fall in May, and miss expectations
SAO PAULO (Reuters) -Brazil’s retail sales fell in May and missed expectations, government statistics agency IBGE showed on Friday, as half of the segments presented a decline for the month. Sal[...]
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Analysis-Tumbling US dollar a boon to risk assets across the globe
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against[...]
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Argentines tighten wallets to fight spiraling inflation
BUENOS AIRES (Reuters) -Argentines are tightening their wallets to make end meets as the South American country battles inflation which could surpass 140% on an annual basis this year, hunting for the[...]
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Brazil economic team supports interest rate cut of more than 25bps
By Bernardo Caram and Rodrigo Viga Gaier BRASILIA/RIO DE JANEIRO (Reuters) -Leading members of Brazil’s economic team said on Thursday they predict the central bank has room to cut its benchmark[...]
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