FEATURED NEWS
Mexican Government Plans $6.69 Billion Support for Pemex in 2024
The Mexican government has outlined plans to provide state oil company Pemex with a financial boost of 136 billion pesos...
Currency Depreciation Threatens to Reverse Inflation Gains in Venezuela
Venezuela faces a renewed inflationary storm as currency depreciation challenges years of progress in stabilising prices, sources from both the...
Argentina to Slash Taxes on International Purchases in December
In a bold move aimed at increasing economic openness and reducing consumer costs, Argentina has announced plans to significantly ease...
Colombian Peso Leads Emerging-Market Losses Amid Fiscal Concerns and Oil Price Volatility
The Colombian peso led losses among emerging-market currencies on Wednesday, weighed down by rising fiscal risks and volatility in oil prices, the nation’s chief export commodity. The peso weakened...
Peru Lowers Interest Rates as Core Inflation Eases, Signalling Economic Stability
In a move expected by many analysts, Peru’s central bank reduced its benchmark interest rate from 5.25% to 5% on...
MercadoLibre’s Expanding Credit Portfolio Pressures Profits, Shares Slip
MercadoLibre Inc., Latin America’s leading e-commerce and fintech giant, reported robust growth in its lending business in the third quarter...
Brazil’s Central Bank Expected to Hike Interest Rate by 0.5% Amid Inflation Fears
Brazil’s central bank is widely anticipated to raise its key interest rate by 0.5% on Wednesday, marking a sharp increase...
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