Tag: Latam economy

• Wednesday, October 2nd 2024 - 06:48 UTC

  LATAM with improved performance results looking to refinance debts

  

  LATAM Airlines has announced an interest in refinancing its US$450 million 13.375% Senior Secured Bonds maturing in 2027, and its current US$1.1 billion term loan agreement. The debt was issued in October 2022 in connection with its exit from the reorganization proceedings under Chapter 11 of Title 11 of the United States Code.

• Tuesday, July 11th 2023 - 08:29 UTC

  LatAm lures record foreign direct investment in 2022

  

  According to a report from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) released Monday, Latin America and the Caribbean attracted a record volume of foreign direct investment (FDI) in 2022 with US$ 224.58 billion injected, which represented a 55.2% increase from 2021.

• Wednesday, July 28th 2021 - 09:30 UTC

  Latina America forecasted to grow 5,8% in 2021, IMF Outlook

  

  The International Monetary Fund lifted previous 2021 growth forecasts for Latin America and the Caribbean to 5,8%, a significant advance over the last estimate from April, boosted particularly because of the good performances of the Brazilian and Mexican economies.

• Wednesday, October 16th 2019 - 07:51 UTC

  Fitch Ratings has LATAM sovereigns on the watch list

  

  One in four Fitch-rated corporates in Latin America is exposed to either a one-notch sovereign or country ceiling downgrade, while ratings for nearly one-third of issuers are vulnerable to a two-notch downgrade, according to the latest from Fitch Ratings.

• Monday, June 12th 2017 - 11:05 UTC

  IMF sees Brazil and Argentina helping to pull Latin American out of recession

  

  The International Monetary Fund offered an encouraging outlook for Brazil´s growth in 2018 since the intense political uncertainty is yielding, monetary policy easing and progress on the government’s economic reform agenda should help the country pull out of its worst recession in a century.

• Wednesday, April 19th 2017 - 21:12 UTC

  World Bank praise for Latam countries pursuing counter-cyclical fiscal policies

  

  In a positive development, today more than ever before, Latin American and Caribbean countries are pursuing counter-cyclical fiscal policies - spending more in bad times and saving in good times, according to a new World Bank semiannual report for the region.

• Friday, November 18th 2016 - 11:42 UTC

  Latin American exports downward trend is greater than in the rest of the world

  

  Following two years in a downward trend the value of Latin American exports fell 14.8% in 2015, and 8.5% in the first seven months of 2016, according to the Trade and Integration Monitor 2016 of the Inter-American Development Bank. Services exports, which had partially compensated the fall in merchandise trade in previous years, contracted 2.4% in 2015, the first time since the 2009 financial crisis.

• Friday, April 29th 2016 - 06:18 UTC

  Latam and Caribbean forecasted to contract 0.5% in 2016, worst two-year since 1982, says IMF

  

  Latin America and the Caribbean will post an overall 0.5% economic contraction in 2016, the International Monetary Fund forecast in its latest report, capping the region's worst two-year period since the 1982 debt crisis. But the IMF said the region is expected to rebound to 1.5% growth in 2017, avoiding the “lost decade” phenomenon that marked the 1980s.

• Monday, November 16th 2015 - 08:36 UTC

  Latin America expanding at a “two-speed” rate: Pacific Alliance and Mercosur

  

  Latin America is expanding at a 'two-speed' rate according to the latest report from the Spanish bank BBVA, pointing out that the Pacific Alliance is expected to grow 2.5% in 2015/16, while Mercosur will be lagging with a contraction of 2% to 1.5%.

• Thursday, October 22nd 2015 - 07:42 UTC

  Latin America's 2013/15 exports, worst performance in eight decades says ECLAC

  

  The value of Latin America’s exports will continue to decline through 2015 by 14%, with Argentina faring slightly worse with a reduction of 17%, says the UN Economic Commission for Latin America and the Caribbean (ECLAC) report, which also indicated that the value of imports to Argentina are set to fall by a smaller 10%.