The Argentine stock market is booming and on Thursday confirmed its seventh day running increase as investors are flocking encouraged by an imminent accord between the president Mauricio Macri administration and the IMF for a new loan package including reforms and a balanced budget in the next 18/24 months.2 comments
Peru’s opposition-run Congress renewed its confidence in the cabinet of President Martin Vizcarra on Wednesday, averting a political crisis that could have forced new legislative elections.Add your comment!
Brazil’s far-right presidential candidate Jair Bolsonaro, in intensive care after being stabbed at a campaign rally, kept his first-round lead in an election opinion poll on Friday, but a leftist rival from the Workers Party (PT) made solid gains.41 comments
Venezuelan President Nicolas Maduro is travelling to China to discuss economic agreements, as the crisis-struck OPEC nation seeks to convince its key Asian financier to disburse fresh loans.Add your comment!
The State Department announced last week that it would temporarily recall U.S. ambassadors to the Dominican Republic, El Salvador and Panama for consultations in Washington. The meetings will focus on recent decisions by Latin American countries to no longer recognize Taiwan and ways the U.S. can support strong. independent, democratic institutions and economies throughout Central America and the Caribbean1 comment
Hunger reached 821 million people in 2017 worldwide, of which about 39 million are Latin American, according to the UN Food and Agriculture Organization (FAO). The figure represents a deterioration of 6.1% in Latin America and the Caribbean compared to previous years and could be due to the economic slowdown in South America, especially marked by the case of Venezuela, the UN agency said on Tuesday.
Eleven Latin American countries say that they have agreed to allow Venezuelans leaving their homeland to enter their countries even if their travel documents have expired. More than 2.3 million Venezuelans have fled the country's hyperinflation and severe shortages, but many do not have valid passports because renewing them can take years.
The Brazilian Real slumped on Monday as mounting concerns over this year's presidential election added to global risk aversion, while the Argentine peso extended a recent sell-off that also spread into stock markets in Latin America.
President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program.
Brazil’s business-friendly presidential candidate Geraldo Alckmin unveiled a campaign ad against gun violence on Thursday that targeted his far-right pro-gun adversary Jair Bolsonaro.