The Argentine representative before the International Monetary Fund, IMF, Sergio Chodos, admitted that it could be necessary for further financing from the IMF, with which Argentina is in the process of renegotiating conditions for the return of the US$ 44 billion loaned to the previous government of ex-president Mauricio Macri.Add your comment!
Brazil's government on Tuesday outlined a long-term roadmap for the economy, based on three scenarios of economic and fiscal reforms that could lift gross domestic product per capita by as much as 37% over the next decade.Add your comment!
Argentina’s battle to control its currency is upending South America’s second-largest economy, wreaking havoc on everything from household finances to the production and sale of common goods.2 comments
Argentine bondholder groups slammed the government over economic policies they said were undermining investor confidence in the country, which emerged from a sovereign default in September after a US$ 65 billion restructuring.1 comment
Argentina´s economy ministry said it had sent the country´s Congress a bill to spur construction activity through tax and fiscal incentives, an effort to create jobs and boost investment in an economy ravaged by the coronavirus pandemic.Add your comment!
Chileans will go to the polls on Sunday to vote on whether they want to swap a constitution written during the Pinochet dictatorship with a new document written by a specially elected citizens' body.Add your comment!
Protesters filled a historic square in Colombia’s capital on Wednesday to demonstrate against the government’s handling of a wide range of issues including the economic fallout of the pandemic and implementation of the peace accord.Add your comment!
Brazil and the United States signed a memorandum of understanding to forge closer trade links, a step that could see U.S. Export-Import Bank finance up to US$1 billion of exports to and projects in the Latin American nation.Add your comment!
Britain will resume talks with the European Union on Thursday, marking a new push by the two sides to protect billions of dollars worth of trade from the beginning of next year.Add your comment!
Britain’s government borrowing in the first half of the financial year was more than six times higher than before the COVID pandemic, official figures showed on Wednesday, taking public debt to its highest since 1960.Add your comment!