Tag: Latin America

• Wednesday, December 19th 2018 - 09:12 UTC

  Latin American markets and currencies cautious ahead of Fed's two-day meeting

  

  Latin American currencies failed to gain against a weak dollar on Tuesday, as cautious investors pared exposure ahead of the end of the U.S. Federal Reserve's two-day meeting on Wednesday, while Latin American stocks ticked up in line with their U.S. peers.

• Tuesday, December 18th 2018 - 09:23 UTC

  Mexico new government first budget committed “to fiscal and financial discipline”

  

  Mexico’s new government avoided major surprises in its closely watched first budget, sticking to promises made to investors who have been jittery about plans for Latin America’s No. 2 economy.

• Thursday, December 13th 2018 - 13:04 UTC

  President Vizcarra announces political reforms in Peru after Sunday's referendum

  

  Peruvian President Martín Vizcarra Wednesday announced a set of political reforms after most of his proposals drew overwhelming support in last Sunday's referendum.

• Wednesday, December 12th 2018 - 14:59 UTC

  Study reveals that 8 million Venezuelans would migrate during 2019

  

  A study carried out by Harvard University economists Dany Bahar and Douglas Barrios reveals that at least 8.2 million Venezuelan citizens would leave during 2019 their country to escape the economic and political crisis that Venezuela is experiencing.

• Wednesday, December 12th 2018 - 10:29 UTC

  Otto Sonnenholzner becomes Ecuador's new vicepresident with 94 Assembly votes

  

  The Guayaquil-born Otto Sonnenholzner Sper took office on Tuesday as Vice-president of Ecuador, after being chosen by the National Assembly from a shortlist put forward by President Lenin Moreno.

• Friday, December 7th 2018 - 09:45 UTC

  Two more million Brazilians living in poverty: total reaches 54.8 million

  

  The number of people living in poverty in Brazil grew by two million last year in the wake of the country's worst recession on record, according to the government statistics bureau.

• Wednesday, December 5th 2018 - 09:48 UTC

  UN seeking US$ 738m to help neighboring countries receiving inflow of millions of Venezuelan refuges

  

  The United Nations said on Tuesday it was seeking US$ 738 million in 2019 to help neighboring countries cope with the inflow of millions of Venezuelan refugees and migrants, who have “no prospect for return in the short to medium term”.

• Wednesday, December 5th 2018 - 08:33 UTC

  German auto maker rehiring confident of Brazil's recovery

  

  Mercedes Benz's Brazil operation will hire some 600 contractors in 2019 on year-long contracts to work on commercial vehicles, adding to a workforce of 10,000, the company said on Tuesday.

• Tuesday, December 4th 2018 - 08:58 UTC

  Benchmark emerging-market stocks index waiting for Brazil's Bolsonaro

  

  Brazil’s presence in the benchmark emerging-market stock index could rise again should incoming President Jair Bolsonaro deliver on his promises to shore up the finances of Latin America’s largest economy, according to MSCI Inc chief executive Henry Fernandez.

• Monday, December 3rd 2018 - 13:43 UTC

  Japan's doors open again to Uruguayan beef after Shinzo Abe's Montevideo stop

  

  Uruguay's President Tabaré Vázquez met Sunday with Japanese Prime Minister Shinzo Abe in Montevideo. During the encounter, both leaders signed an agreement which opened Japan's market to beef exports from the South American country after 20 years.